KBR, Inc. (NYSE:KBR) Given Average Rating of “Hold” by Analysts

Shares of KBR, Inc. (NYSE:KBR) have earned a consensus recommendation of “Hold” from the ten brokerages that are covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $62.7778.

Several equities research analysts recently weighed in on the company. UBS Group cut KBR from a “buy” rating to a “neutral” rating and dropped their target price for the company from $66.00 to $54.00 in a report on Wednesday, July 2nd. Stifel Nicolaus raised their target price on shares of KBR from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Weiss Ratings reiterated a “hold (c-)” rating on shares of KBR in a report on Wednesday, October 8th. Bank of America cut shares of KBR from a “buy” rating to a “neutral” rating and dropped their price target for the company from $70.00 to $55.00 in a research report on Wednesday, August 13th. Finally, Wall Street Zen upgraded shares of KBR from a “hold” rating to a “buy” rating in a report on Saturday, October 11th.

KBR Trading Down 1.7%

KBR stock opened at $44.12 on Friday. The company has a market capitalization of $5.68 billion, a PE ratio of 15.98, a price-to-earnings-growth ratio of 0.89 and a beta of 0.68. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.13 and a current ratio of 1.13. KBR has a one year low of $42.94 and a one year high of $72.60. The company’s 50 day moving average price is $48.70 and its two-hundred day moving average price is $49.84.

KBR (NYSE:KBR) last posted its quarterly earnings results on Thursday, July 31st. The construction company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.03. KBR had a net margin of 4.52% and a return on equity of 33.65%. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $2.10 billion. During the same period in the previous year, the firm posted $0.83 earnings per share. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. KBR has set its FY 2025 guidance at 3.780-3.88 EPS. As a group, analysts predict that KBR will post 3.26 earnings per share for the current fiscal year.

KBR Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Monday, September 15th were issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Monday, September 15th. KBR’s dividend payout ratio is currently 23.91%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC lifted its position in shares of KBR by 295.5% in the 1st quarter. GAMMA Investing LLC now owns 795 shares of the construction company’s stock worth $40,000 after purchasing an additional 594 shares during the period. Principal Financial Group Inc. lifted its holdings in KBR by 0.4% in the first quarter. Principal Financial Group Inc. now owns 307,121 shares of the construction company’s stock worth $15,298,000 after buying an additional 1,343 shares during the period. Cerity Partners LLC boosted its position in KBR by 697.0% during the 1st quarter. Cerity Partners LLC now owns 27,314 shares of the construction company’s stock valued at $1,361,000 after acquiring an additional 23,887 shares in the last quarter. KBC Group NV grew its holdings in shares of KBR by 4.8% during the 1st quarter. KBC Group NV now owns 5,703 shares of the construction company’s stock worth $284,000 after acquiring an additional 260 shares during the period. Finally, Cetera Investment Advisers raised its position in shares of KBR by 22.1% in the 1st quarter. Cetera Investment Advisers now owns 8,453 shares of the construction company’s stock worth $421,000 after acquiring an additional 1,531 shares in the last quarter. 97.02% of the stock is owned by hedge funds and other institutional investors.

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.