KBR, Inc. (NYSE:KBR) Given Consensus Recommendation of “Moderate Buy” by Analysts

KBR, Inc. (NYSE:KBR) has been given an average recommendation of “Moderate Buy” by the seven brokerages that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $81.14.

A number of equities research analysts have recently issued reports on the stock. DA Davidson reissued a “buy” rating and issued a $84.00 price target on shares of KBR in a research note on Tuesday, November 19th. KeyCorp upped their price target on KBR from $75.00 to $78.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. Citigroup lifted their price objective on KBR from $76.00 to $82.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. TD Cowen lowered KBR from a “buy” rating to a “hold” rating and set a $72.00 target price on the stock. in a research note on Friday, September 6th. Finally, StockNews.com cut KBR from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 6th.

KBR Price Performance

Shares of NYSE KBR opened at $61.76 on Wednesday. The firm has a 50-day simple moving average of $66.21 and a 200-day simple moving average of $65.54. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.69. The stock has a market capitalization of $8.23 billion, a price-to-earnings ratio of 25.95, a price-to-earnings-growth ratio of 1.20 and a beta of 0.89. KBR has a 52 week low of $50.45 and a 52 week high of $72.60.

KBR (NYSE:KBR) last released its quarterly earnings data on Wednesday, October 23rd. The construction company reported $0.84 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.84. KBR had a return on equity of 28.87% and a net margin of 4.35%. The company had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same quarter in the previous year, the company posted $0.75 earnings per share. The firm’s revenue for the quarter was up 10.0% compared to the same quarter last year. On average, equities analysts predict that KBR will post 3.27 earnings per share for the current fiscal year.

KBR Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be issued a dividend of $0.15 per share. The ex-dividend date is Friday, December 13th. This represents a $0.60 annualized dividend and a yield of 0.97%. KBR’s dividend payout ratio is presently 25.21%.

Institutional Trading of KBR

Several large investors have recently bought and sold shares of the company. True Wealth Design LLC acquired a new stake in shares of KBR in the third quarter valued at approximately $26,000. Larson Financial Group LLC raised its holdings in shares of KBR by 2,029.2% in the second quarter. Larson Financial Group LLC now owns 511 shares of the construction company’s stock worth $33,000 after acquiring an additional 487 shares during the last quarter. CWM LLC lifted its position in shares of KBR by 39.4% in the second quarter. CWM LLC now owns 817 shares of the construction company’s stock valued at $52,000 after acquiring an additional 231 shares in the last quarter. Quarry LP boosted its stake in shares of KBR by 454.7% during the second quarter. Quarry LP now owns 821 shares of the construction company’s stock valued at $53,000 after acquiring an additional 673 shares during the last quarter. Finally, Eastern Bank acquired a new position in KBR in the 3rd quarter valued at about $65,000. Institutional investors and hedge funds own 97.02% of the company’s stock.

About KBR

KBR, Inc provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. It 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.