KBR (NYSE:KBR) Releases Quarterly Earnings Results, Beats Expectations By $0.08 EPS

KBR (NYSE:KBR) issued its earnings results on Monday. The construction company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.08, Zacks reports. KBR had a return on equity of 28.87% and a net margin of 4.35%.

KBR Stock Performance

NYSE:KBR traded up $1.12 during trading hours on Monday, hitting $50.26. 6,195,018 shares of the company traded hands, compared to its average volume of 1,473,678. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.69. KBR has a twelve month low of $47.55 and a twelve month high of $72.60. The firm has a 50-day moving average of $56.16 and a 200 day moving average of $61.90. The stock has a market capitalization of $6.70 billion, a price-to-earnings ratio of 21.12, a P/E/G ratio of 0.86 and a beta of 0.83.

KBR Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be paid a $0.165 dividend. This is an increase from KBR’s previous quarterly dividend of $0.15. The ex-dividend date is Friday, March 14th. This represents a $0.66 annualized dividend and a dividend yield of 1.31%. KBR’s dividend payout ratio (DPR) is presently 27.73%.

Analyst Ratings Changes

Several research firms have weighed in on KBR. KeyCorp lowered their price objective on shares of KBR from $78.00 to $70.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 8th. TD Cowen lowered their price target on KBR from $72.00 to $64.00 and set a “hold” rating on the stock in a report on Wednesday, January 8th. DA Davidson reiterated a “buy” rating and issued a $84.00 target price on shares of KBR in a research report on Tuesday, November 19th. UBS Group boosted their price target on shares of KBR from $77.00 to $78.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Finally, Citigroup cut their price objective on KBR from $82.00 to $76.00 and set a “buy” rating for the company in a report on Wednesday, January 29th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $78.00.

KBR Company Profile

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.