KBR, Inc. (NYSE:KBR) Given Average Rating of "Hold" by Brokerages

Key Points

• KBR, Inc. has received a consensus recommendation of "Hold" from nine brokerages, with an average twelve-month target price of $62.78.
• CEO Stuart Bradie sold 20,000 shares at an average price of $52.81, reducing his stake by 2.43% to a total of 802,361 shares.
• For the previous quarter, KBR reported earnings per share (EPS) of $0.91, surpassing estimates, but revenue fell short of expectations at $1.95 billion.

Shares of KBR, Inc. (NYSE:KBR - Get Free Report) have been assigned a consensus rating of "Hold" from the nine analysts that are covering the company, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $62.7778.

Several research firms recently weighed in on KBR. DA Davidson dropped their price objective on shares of KBR from $72.00 to $65.00 and set a "buy" rating on the stock in a research note on Friday, August 1st. KeyCorp cut shares of KBR from an "overweight" rating to a "sector weight" rating in a report on Monday, June 23rd. The Goldman Sachs Group downgraded shares of 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. Bank of America downgraded shares of KBR from a "buy" rating to a "neutral" rating and cut their price target for the company from $70.00 to $55.00 in a report on Wednesday, August 13th. Finally, UBS Group lowered shares of KBR from a "buy" rating to a "neutral" rating and decreased their price target for the stock from $66.00 to $54.00 in a research report on Wednesday, July 2nd.

KBR Trading Down 1.1%

Shares of NYSE KBR traded down $0.57 during trading on Tuesday, hitting $48.81. 1,769,292 shares of the company traded hands, compared to its average volume of 1,490,201. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.73. The firm has a market capitalization of $6.29 billion, a P/E ratio of 17.68, a P/E/G ratio of 0.97 and a beta of 0.73. The company has a 50-day moving average price of $48.78 and a 200-day moving average price of $50.35. KBR has a 1 year low of $43.89 and a 1 year high of $72.60.

KBR (NYSE:KBR - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The construction company reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.88 by $0.03. The company had revenue of $1.95 billion during the quarter, compared to analysts' expectations of $2.10 billion. KBR had a net margin of 4.52% and a return on equity of 33.65%. The firm's revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.83 EPS. KBR has set its FY 2025 guidance at 3.780-3.88 EPS. On average, equities analysts predict that KBR will post 3.26 EPS for the current year.

KBR Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th will be given a dividend of $0.165 per share. The ex-dividend date is Monday, September 15th. This represents a $0.66 annualized dividend and a dividend yield of 1.4%. KBR's payout ratio is currently 23.91%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Cetera Trust Company N.A lifted its position in shares of KBR by 5.6% in the first quarter. Cetera Trust Company N.A now owns 3,767 shares of the construction company's stock worth $188,000 after purchasing an additional 200 shares in the last quarter. Voya Investment Management LLC grew its stake in shares of KBR by 1.2% in the first quarter. Voya Investment Management LLC now owns 20,095 shares of the construction company's stock valued at $1,001,000 after acquiring an additional 241 shares in the last quarter. KBC Group NV grew its stake in KBR by 4.8% during the first quarter. KBC Group NV now owns 5,703 shares of the construction company's stock worth $284,000 after buying an additional 260 shares in the last quarter. Bessemer Group Inc. lifted its holdings in shares of KBR by 75.8% in the second quarter. Bessemer Group Inc. now owns 617 shares of the construction company's stock worth $30,000 after acquiring an additional 266 shares during the last quarter. Finally, US Bancorp DE raised its holdings in KBR by 13.5% in the 1st quarter. US Bancorp DE now owns 2,260 shares of the construction company's stock valued at $113,000 after buying an additional 268 shares during the last quarter. Institutional investors and hedge funds 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.