What is KeyCorp's Estimate for KBR FY2025 Earnings?

KBR, Inc. (NYSE:KBR - Free Report) - Analysts at KeyCorp issued their FY2025 earnings estimates for shares of KBR in a research note issued to investors on Sunday, June 22nd. KeyCorp analyst S. Jain forecasts that the construction company will post earnings per share of $3.77 for the year. KeyCorp has a "Sector Weight" rating on the stock. The consensus estimate for KBR's current full-year earnings is $3.26 per share.

A number of other research analysts have also commented on the stock. Wall Street Zen lowered shares of KBR from a "strong-buy" rating to a "buy" rating in a research report on Saturday, June 7th. Citigroup reduced their target price on KBR from $77.00 to $69.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Truist Financial decreased their target price on KBR from $70.00 to $60.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Finally, The Goldman Sachs Group downgraded KBR from a "buy" rating to a "neutral" rating and set a $55.00 price target for the company. in a research report on Tuesday, May 27th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $67.57.

KBR Price Performance

NYSE:KBR traded up $1.00 during mid-day trading on Wednesday, hitting $49.06. 1,396,596 shares of the stock traded hands, compared to its average volume of 1,378,286. The business's 50-day moving average price is $52.58 and its 200 day moving average price is $53.32. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.89. The company has a market cap of $6.36 billion, a PE ratio of 16.41, a price-to-earnings-growth ratio of 0.91 and a beta of 0.77. KBR has a 12-month low of $43.89 and a 12-month high of $72.60.

KBR (NYSE:KBR - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The construction company reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.10. The company had revenue of $2.06 billion during the quarter, compared to analysts' expectations of $2.09 billion. KBR had a return on equity of 32.55% and a net margin of 4.99%. The firm's quarterly revenue was up 13.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.77 earnings per share.

Institutional Trading of KBR

A number of institutional investors have recently made changes to their positions in the stock. Voya Investment Management LLC raised its position in KBR by 1.2% during the 1st quarter. Voya Investment Management LLC now owns 20,095 shares of the construction company's stock valued at $1,001,000 after purchasing an additional 241 shares during the last quarter. Intech Investment Management LLC increased its position in KBR by 39.1% during the 1st quarter. Intech Investment Management LLC now owns 220,446 shares of the construction company's stock valued at $10,980,000 after buying an additional 61,937 shares in the last quarter. Bayforest Capital Ltd raised its position in shares of KBR by 158.9% in the 1st quarter. Bayforest Capital Ltd now owns 6,107 shares of the construction company's stock worth $304,000 after purchasing an additional 3,748 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of KBR by 6.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 395,574 shares of the construction company's stock worth $19,704,000 after buying an additional 23,738 shares in the last quarter. Finally, Empowered Funds LLC purchased a new stake in shares of KBR during the first quarter valued at approximately $349,000. Hedge funds and other institutional investors own 97.02% of the company's stock.

Insider Activity

In related news, CEO Stuart Bradie sold 20,000 shares of the firm's stock in a transaction that occurred on Wednesday, June 18th. The stock was sold at an average price of $52.81, for a total transaction of $1,056,200.00. Following the transaction, the chief executive officer now directly owns 802,361 shares in the company, valued at $42,372,684.41. This trade represents a 2.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.11% of the stock is currently owned by corporate insiders.

KBR Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Friday, June 13th will be issued a $0.165 dividend. The ex-dividend date is Friday, June 13th. This represents a $0.66 annualized dividend and a dividend yield of 1.35%. KBR's dividend payout ratio is currently 22.07%.

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.