KBR, Inc. (NYSE:KBR) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Shares of KBR, Inc. (NYSE:KBR - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the seven brokerages that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $81.14.

A number of research firms have commented on KBR. KeyCorp lifted their price objective on shares of KBR from $75.00 to $78.00 and gave the stock an "overweight" rating in a report on Thursday, November 7th. TD Cowen lowered KBR from a "buy" rating to a "hold" rating and set a $72.00 price objective for the company. in a research report on Friday, September 6th. UBS Group lifted their price target on shares of KBR from $77.00 to $78.00 and gave the company a "buy" rating in a research report on Wednesday, October 30th. Citigroup lifted their price objective on KBR from $76.00 to $82.00 and gave the company a "buy" rating in a report on Tuesday, October 22nd. Finally, StockNews.com lowered KBR from a "strong-buy" rating to a "buy" rating in a research report on Sunday, October 6th.

KBR Stock Performance

KBR traded down $0.27 on Wednesday, hitting $58.02. 1,562,422 shares of the company traded hands, compared to its average volume of 1,168,241. The stock has a market capitalization of $7.73 billion, a PE ratio of 24.38, a PEG ratio of 1.17 and a beta of 0.89. The company has a 50 day moving average of $66.25 and a 200-day moving average of $65.64. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.69. KBR has a 12-month low of $50.45 and a 12-month high of $72.60.

KBR (NYSE:KBR - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The construction company reported $0.84 earnings per share for the quarter, meeting the consensus estimate of $0.84. KBR had a net margin of 4.35% and a return on equity of 28.87%. The firm had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter in the previous year, the company posted $0.75 EPS. The firm's revenue for the quarter was up 10.0% on a year-over-year basis. Sell-side analysts anticipate that KBR will post 3.27 earnings per share for the current year.

KBR Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Friday, December 13th. KBR's dividend payout ratio (DPR) is presently 25.21%.

Institutional Trading of KBR

Several institutional investors have recently added to or reduced their stakes in the business. Fifth Third Bancorp lifted its stake in shares of KBR by 17.5% in the second quarter. Fifth Third Bancorp now owns 1,204 shares of the construction company's stock worth $77,000 after buying an additional 179 shares in the last quarter. CWM LLC boosted 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 worth $52,000 after purchasing an additional 231 shares during the period. Healthcare of Ontario Pension Plan Trust Fund increased its stake in KBR by 1.5% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 19,700 shares of the construction company's stock worth $1,283,000 after buying an additional 300 shares in the last quarter. Blue Trust Inc. lifted its holdings in KBR by 27.7% in the 2nd quarter. Blue Trust Inc. now owns 1,457 shares of the construction company's stock worth $93,000 after purchasing an additional 316 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in shares of KBR by 2.9% during the third quarter. Janney Montgomery Scott LLC now owns 11,764 shares of the construction company's stock worth $766,000 after acquiring an additional 335 shares during the last quarter. 97.02% of the stock is currently owned by hedge funds and other institutional investors.

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.