KBR, Inc. (NYSE:KBR) Receives Consensus Rating of "Moderate Buy" from Analysts

KBR, Inc. (NYSE:KBR - Get Free Report) has received an average recommendation of "Moderate Buy" from the seven ratings firms that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is $81.14.

Several brokerages recently commented on KBR. DA Davidson reiterated a "buy" rating and set a $84.00 target price on shares of KBR in a report on Tuesday, November 19th. Citigroup lifted their price objective on shares of KBR from $76.00 to $82.00 and gave the company a "buy" rating in a research note on Tuesday, October 22nd. TD Cowen downgraded shares of KBR from a "buy" rating to a "hold" rating and set a $72.00 target price for the company. in a research note on Friday, September 6th. UBS Group raised 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, StockNews.com lowered shares of KBR from a "strong-buy" rating to a "buy" rating in a report on Sunday, October 6th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in KBR. State Street Corp grew its position in shares of KBR by 0.7% in the 3rd quarter. State Street Corp now owns 4,016,324 shares of the construction company's stock worth $262,185,000 after acquiring an additional 29,833 shares in the last quarter. Franklin Resources Inc. boosted its holdings in KBR by 14.5% in the third quarter. Franklin Resources Inc. now owns 2,416,531 shares of the construction company's stock worth $167,876,000 after purchasing an additional 305,889 shares during the period. D. E. Shaw & Co. Inc. boosted its holdings in KBR by 29.4% in the second quarter. D. E. Shaw & Co. Inc. now owns 2,286,779 shares of the construction company's stock worth $146,674,000 after purchasing an additional 520,207 shares during the period. Wolf Hill Capital Management LP increased its stake in KBR by 37.1% during the second quarter. Wolf Hill Capital Management LP now owns 1,877,497 shares of the construction company's stock valued at $120,423,000 after purchasing an additional 507,800 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of KBR by 6.8% during the second quarter. Bank of New York Mellon Corp now owns 1,778,765 shares of the construction company's stock worth $114,090,000 after purchasing an additional 113,140 shares during the period. 97.02% of the stock is owned by institutional investors and hedge funds.

KBR Trading Down 0.1 %

Shares of KBR stock traded down $0.08 during trading hours on Friday, hitting $58.47. The company's stock had a trading volume of 932,197 shares, compared to its average volume of 1,190,331. The business has a fifty day moving average of $64.95 and a 200 day moving average of $64.93. KBR has a 1-year low of $51.60 and a 1-year high of $72.60. 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 company has a market capitalization of $7.79 billion, a PE ratio of 24.57, a P/E/G ratio of 1.18 and a beta of 0.84.

KBR (NYSE:KBR - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The construction company reported $0.84 earnings per share (EPS) for the quarter, meeting the consensus estimate 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 the consensus estimate of $1.95 billion. During the same period in the prior year, the firm earned $0.75 EPS. The firm's quarterly revenue was up 10.0% compared to the same quarter last year. As a group, equities analysts forecast that KBR will post 3.27 EPS for the current year.

KBR Announces Dividend

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

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.