Shares of KBR, Inc. (NYSE:KBR) have earned a consensus rating of “Buy” from the thirteen research firms that are covering the company, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $24.33.
Several equities analysts have commented on the stock. TheStreet downgraded shares of KBR from a “b” rating to a “c+” rating in a report on Monday, March 25th. Zacks Investment Research upgraded shares of KBR from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a report on Tuesday, April 2nd. ValuEngine upgraded shares of KBR from a “hold” rating to a “buy” rating in a report on Wednesday, May 1st. KeyCorp upped their price objective on shares of KBR from $24.00 to $30.00 and gave the company an “overweight” rating in a report on Monday. Finally, Cowen set a $23.00 price objective on shares of KBR and gave the company a “hold” rating in a report on Tuesday, February 26th.
In other news, insider John Derbyshire sold 5,460 shares of the business’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $19.95, for a total value of $108,927.00. Following the completion of the sale, the insider now owns 74,570 shares of the company’s stock, valued at $1,487,671.50. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Farhan Mujib sold 2,496 shares of the business’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $20.00, for a total transaction of $49,920.00. Following the completion of the sale, the insider now directly owns 138,576 shares of the company’s stock, valued at approximately $2,771,520. The disclosure for this sale can be found here. 0.92% of the stock is owned by insiders.
KBR traded up $0.31 during trading on Friday, reaching $22.91. 44,824 shares of the stock were exchanged, compared to its average volume of 1,606,924. The company has a market cap of $3.34 billion, a price-to-earnings ratio of 14.86, a PEG ratio of 1.59 and a beta of 1.51. KBR has a twelve month low of $13.90 and a twelve month high of $23.72. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.72.
KBR (NYSE:KBR) last issued its earnings results on Wednesday, May 1st. The construction company reported $0.36 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.33 by $0.03. KBR had a net margin of 3.51% and a return on equity of 13.08%. The business had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.20 billion. As a group, research analysts forecast that KBR will post 1.65 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 15th were issued a $0.08 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $0.32 annualized dividend and a dividend yield of 1.40%. KBR’s dividend payout ratio is currently 20.92%.
KBR, Inc provides professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries worldwide. The company operates through three segments: Government Services, Technology & Consulting, and Engineering & Construction. The Government Services segment offers life-cycle support solutions to defense, space, aviation, and other programs and missions for government agencies in the United States, the United Kingdom, and Australia.
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