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

KBR, Inc. (NYSE:KBR) has earned a consensus recommendation of “Moderate Buy” from the seven research firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $81.14.

A number of research firms recently weighed in on KBR. Citigroup boosted their target price on KBR from $76.00 to $82.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. StockNews.com downgraded shares of KBR from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 6th. TD Cowen cut KBR from a “buy” rating to a “hold” rating and set a $72.00 price target on the stock. in a research note on Friday, September 6th. UBS Group boosted their price target on KBR from $77.00 to $78.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. Finally, DA Davidson restated a “buy” rating and set a $84.00 price objective on shares of KBR in a research note on Tuesday, November 19th.

KBR Stock Down 0.6 %

KBR stock opened at $56.99 on Friday. KBR has a 1-year low of $51.60 and a 1-year high of $72.60. The stock’s fifty day simple moving average is $63.82 and its two-hundred day simple moving average is $64.65. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.69. The stock has a market cap of $7.59 billion, a P/E ratio of 23.95, a P/E/G ratio of 1.18 and a beta of 0.84.

KBR (NYSE:KBR) last posted its quarterly earnings results on Wednesday, October 23rd. The construction company reported $0.84 EPS 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 firm had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.95 billion. During the same period last year, the company earned $0.75 earnings per share. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. Analysts expect that KBR will post 3.27 EPS for the current year.

KBR Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend is Friday, December 13th. KBR’s dividend payout ratio (DPR) is currently 25.21%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in KBR. True Wealth Design LLC purchased a new position in KBR during the 3rd quarter worth approximately $26,000. Larson Financial Group LLC grew its stake in KBR by 2,029.2% during the 2nd quarter. Larson Financial Group LLC now owns 511 shares of the construction company’s stock valued at $33,000 after acquiring an additional 487 shares in the last quarter. CWM LLC boosted its stake in KBR by 39.4% during the second quarter. CWM LLC now owns 817 shares of the construction company’s stock worth $52,000 after buying an additional 231 shares during the last quarter. Quarry LP increased its position in KBR by 454.7% during the second quarter. Quarry LP now owns 821 shares of the construction company’s stock worth $53,000 after purchasing an additional 673 shares during the last quarter. Finally, Eastern Bank acquired a new position in KBR in the third quarter valued at approximately $65,000. 97.02% of the stock is owned by institutional investors and hedge funds.

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.