KBR (KBR) to Release Quarterly Earnings on Tuesday

KBR (NYSE:KBRGet Free Report) will be announcing its earnings results before the market opens on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.68 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

KBR Trading Up 0.0 %

Shares of NYSE:KBR opened at $53.97 on Tuesday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a market capitalization of $7.29 billion, a price-to-earnings ratio of -34.16, a PEG ratio of 1.28 and a beta of 0.94. KBR has a 52-week low of $49.37 and a 52-week high of $65.87. The stock’s 50-day simple moving average is $53.75 and its two-hundred day simple moving average is $56.59.

Analysts Set New Price Targets

A number of equities research analysts recently commented on KBR shares. KeyCorp started coverage on KBR in a research report on Wednesday, January 10th. They issued an “overweight” rating and a $63.00 target price on the stock. UBS Group decreased their price target on shares of KBR from $65.00 to $63.00 and set a “buy” rating for the company in a research note on Friday, February 2nd. Citigroup increased their price objective on shares of KBR from $62.00 to $67.00 and gave the company a “buy” rating in a research note on Friday, January 26th. StockNews.com downgraded shares of KBR from a “buy” rating to a “hold” rating in a research note on Friday, November 3rd. Finally, The Goldman Sachs Group decreased their price objective on shares of KBR from $75.00 to $66.00 and set a “buy” rating for the company in a research report on Friday, November 3rd. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, KBR presently has an average rating of “Moderate Buy” and an average price target of $67.71.

View Our Latest Stock Analysis on KBR

Institutional Investors Weigh In On KBR

A number of hedge funds and other institutional investors have recently made changes to their positions in KBR. Fred Alger Management LLC purchased a new stake in shares of KBR during the third quarter worth about $36,000. Belpointe Asset Management LLC increased its position in KBR by 35.5% during the first quarter. Belpointe Asset Management LLC now owns 871 shares of the construction company’s stock worth $48,000 after purchasing an additional 228 shares during the last quarter. Atlas Capital Advisors LLC purchased a new position in KBR during the second quarter worth about $53,000. International Assets Investment Management LLC acquired a new position in KBR in the 4th quarter valued at about $64,000. Finally, Dark Forest Capital Management LP purchased a new stake in shares of KBR in the 1st quarter valued at approximately $73,000.

KBR Company Profile

(Get Free Report)

KBR, Inc provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. The company operates through Government Solutions and Sustainable Technology Solutions segments. The Government Solutions segment offers life-cycle support solutions to defense, intelligence, space, aviation, and other programs and missions for military and other government agencies in the United States, the United Kingdom, and Australia.

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Earnings History for KBR (NYSE:KBR)

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