KBR (NYSE:KBR) Hits New 52-Week Low - What's Next?

KBR, Inc. (NYSE:KBR - Get Free Report) shares reached a new 52-week low on Thursday . The stock traded as low as $52.22 and last traded at $52.48, with a volume of 1112172 shares traded. The stock had previously closed at $53.30.

Analyst Ratings Changes

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

KBR Trading Down 0.9 %

The firm has a market cap of $6.93 billion, a P/E ratio of 21.84, a P/E/G ratio of 0.92 and a beta of 0.83. The business's 50-day moving average is $56.80 and its two-hundred day moving average is $62.26. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.07 and a quick ratio of 1.07.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. True Wealth Design LLC bought a new position in KBR in the third quarter valued at $26,000. UMB Bank n.a. grew its position in shares of KBR by 49.2% in the 4th quarter. UMB Bank n.a. now owns 531 shares of the construction company's stock valued at $31,000 after acquiring an additional 175 shares during the period. LRI Investments LLC bought a new position in shares of KBR in the 4th quarter valued at about $31,000. First Horizon Advisors Inc. bought a new position in shares of KBR in the 4th quarter valued at about $32,000. Finally, Eastern Bank bought a new position in shares of KBR in the 3rd quarter valued at about $65,000. Institutional investors own 97.02% of the company's stock.

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.