KBR (NYSE:KBR - Get Free Report) is expected to announce its earnings results after the market closes on Monday, February 24th. Analysts expect KBR to post earnings of $0.83 per share and revenue of $2.00 billion for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.
KBR Price Performance
KBR stock traded down $0.91 during trading on Thursday, reaching $50.72. 2,029,224 shares of the company were exchanged, compared to its average volume of 1,324,440. The company has a market capitalization of $6.76 billion, a price-to-earnings ratio of 21.31, a P/E/G ratio of 0.88 and a beta of 0.83. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.07 and a quick ratio of 1.07. The company has a 50-day moving average of $56.50 and a two-hundred day moving average of $62.10. KBR has a twelve month low of $49.96 and a twelve month high of $72.60.
KBR Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.165 per share. This is an increase from KBR's previous quarterly dividend of $0.15. This represents a $0.66 annualized dividend and a dividend yield of 1.30%. KBR's dividend payout ratio is 25.21%.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the company. Citigroup reduced their price objective on KBR from $82.00 to $76.00 and set a "buy" rating on the stock in a research report on Wednesday, January 29th. UBS Group boosted their price target on KBR from $77.00 to $78.00 and gave the stock a "buy" rating in a report on Wednesday, October 30th. KeyCorp dropped their price objective on shares of KBR from $78.00 to $70.00 and set an "overweight" rating for the company in a report on Wednesday, January 8th. DA Davidson reiterated a "buy" rating and set a $84.00 target price on shares of KBR in a research report on Tuesday, November 19th. Finally, TD Cowen decreased their price target on shares of KBR from $72.00 to $64.00 and set a "hold" rating for the company in a research report on Wednesday, January 8th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $78.00.
Read Our Latest Stock Analysis on KBR
About KBR
(
Get Free Report)
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.
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