Brokerages Set KBR, Inc. (NYSE:KBR) Target Price at $53.25

Shares of KBR, Inc. (NYSE:KBRGet Free Report) have received a consensus rating of “Hold” from the ten analysts that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $53.25.

A number of analysts recently weighed in on the stock. Zacks Research upgraded shares of KBR from a “strong sell” rating to a “hold” rating in a research report on Friday, April 10th. Wells Fargo & Company decreased their price objective on shares of KBR from $45.00 to $40.00 and set an “equal weight” rating for the company in a report on Monday, April 13th. Citigroup cut their target price on shares of KBR from $53.00 to $50.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. UBS Group reduced their price target on shares of KBR from $42.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, May 21st. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of KBR in a report on Wednesday, June 24th.

Read Our Latest Analysis on KBR

Insiders Place Their Bets

In other KBR news, CFO Shad E. Evans purchased 8,375 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were bought at an average price of $30.60 per share, with a total value of $256,275.00. Following the completion of the transaction, the chief financial officer directly owned 43,725 shares in the company, valued at $1,337,985. This trade represents a 23.69% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Carlos A. Sabater acquired 14,500 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were acquired at an average price of $32.47 per share, for a total transaction of $470,815.00. Following the acquisition, the director directly owned 35,705 shares in the company, valued at $1,159,341.35. This represents a 68.38% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 29,875 shares of company stock valued at $945,160 in the last three months. Insiders own 1.15% of the company’s stock.

Institutional Trading of KBR

A number of large investors have recently bought and sold shares of KBR. Wedge Capital Management L L P NC raised its holdings in KBR by 7.3% during the 2nd quarter. Wedge Capital Management L L P NC now owns 117,867 shares of the construction company’s stock worth $4,070,000 after buying an additional 7,987 shares during the period. Steadtrust LLC bought a new position in KBR in the second quarter valued at approximately $449,000. Assenagon Asset Management S.A. acquired a new position in shares of KBR in the second quarter valued at approximately $2,615,000. GAMMA Investing LLC boosted its holdings in shares of KBR by 456.7% in the second quarter. GAMMA Investing LLC now owns 2,761 shares of the construction company’s stock valued at $95,000 after buying an additional 2,265 shares during the period. Finally, Carlson Capital L.P. bought a new stake in shares of KBR during the first quarter worth $582,000. 97.02% of the stock is owned by institutional investors.

KBR Trading Up 0.2%

NYSE KBR opened at $35.13 on Monday. The stock has a 50-day simple moving average of $34.25 and a 200 day simple moving average of $37.83. The company has a market capitalization of $4.45 billion, a PE ratio of 11.22, a P/E/G ratio of 2.09 and a beta of 0.44. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.59. KBR has a 12 month low of $29.94 and a 12 month high of $52.23.

KBR (NYSE:KBRGet Free Report) last issued its earnings results on Tuesday, May 5th. The construction company reported $0.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.04. The firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.88 billion. KBR had a return on equity of 33.92% and a net margin of 5.21%.The company’s revenue was down 4.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.01 earnings per share. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Research analysts forecast that KBR will post 3.98 EPS for the current year.

KBR Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Monday, June 15th were issued a dividend of $0.165 per share. The ex-dividend date was Monday, June 15th. This represents a $0.66 annualized dividend and a yield of 1.9%. KBR’s payout ratio is currently 21.09%.

KBR Company Profile

(Get Free Report)

KBR, Inc is a global engineering, procurement, construction and services (EPC&S) company headquartered in Houston, Texas. The firm delivers integrated solutions and technologies across the full project lifecycle for customers in the energy, government, industrial and infrastructure sectors. Its offerings span feasibility studies, front-end engineering design, detailed design, procurement, fabrication, construction, commissioning and operations support.

The company is organized into business segments that include Energy Solutions, which focuses on oil and gas processing, liquefied natural gas (LNG) facilities and petrochemical plants; Government Solutions, providing logistics, sustainment, training and mission support for defense, intelligence and civilian agencies; and Sustainable Technology, delivering chemical process technologies, water treatment and lower-carbon fuels expertise.

See Also

Analyst Recommendations for KBR (NYSE:KBR)

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