KBR, Inc. (NYSE:KBR) Receives Average Rating of "Hold" from Brokerages

Key Points

• KBR, Inc. has received a consensus rating of "Hold" from ten brokerage firms, with six recommending hold and four giving a buy recommendation.
• The company's stock is currently trading at $43.31, significantly down from its twelve month high of $72.60.
• KBR declared a quarterly dividend of $0.165 per share, marking an annualized yield of 1.5%.

Shares of KBR, Inc. (NYSE:KBR - Get Free Report) have been assigned a consensus rating of "Hold" from the ten ratings firms that are covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $62.7778.

A number of equities research analysts have recently issued reports on the company. Weiss Ratings reiterated a "hold (c-)" rating on shares of KBR in a research note on Wednesday. Wall Street Zen upgraded KBR from a "hold" rating to a "buy" rating in a research note on Saturday. KeyCorp cut KBR from an "overweight" rating to a "sector weight" rating in a research note on Monday, June 23rd. Bank of America cut KBR from a "buy" rating to a "neutral" rating and dropped their price objective for the stock from $70.00 to $55.00 in a research note on Wednesday, August 13th. Finally, DA Davidson dropped their price target on KBR from $72.00 to $65.00 and set a "buy" rating on the stock in a research note on Friday, August 1st.

Institutional Investors Weigh In On KBR

A number of large investors have recently added to or reduced their stakes in the business. Wedge Capital Management L L P NC raised its stake in KBR by 25.8% in the 3rd quarter. Wedge Capital Management L L P NC now owns 96,888 shares of the construction company's stock valued at $4,582,000 after acquiring an additional 19,872 shares during the period. Central Pacific Bank Trust Division increased its position in shares of KBR by 20.8% in the third quarter. Central Pacific Bank Trust Division now owns 3,948 shares of the construction company's stock worth $187,000 after purchasing an additional 680 shares during the period. Osaic Holdings Inc. increased its position in shares of KBR by 31.6% in the second quarter. Osaic Holdings Inc. now owns 3,642 shares of the construction company's stock worth $176,000 after purchasing an additional 875 shares during the period. Orion Porfolio Solutions LLC increased its position in shares of KBR by 3.9% in the second quarter. Orion Porfolio Solutions LLC now owns 27,354 shares of the construction company's stock worth $1,311,000 after purchasing an additional 1,022 shares during the period. Finally, State of Wyoming increased its position in shares of KBR by 92.2% in the second quarter. State of Wyoming now owns 37,687 shares of the construction company's stock worth $1,807,000 after purchasing an additional 18,083 shares during the period. Institutional investors own 97.02% of the company's stock.

KBR Trading Down 4.3%

NYSE:KBR opened at $43.31 on Friday. KBR has a twelve month low of $42.94 and a twelve month high of $72.60. The company has a market cap of $5.58 billion, a P/E ratio of 15.69, a price-to-earnings-growth ratio of 0.90 and a beta of 0.68. 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 business has a 50 day moving average price of $48.97 and a two-hundred day moving average price of $49.96.

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

KBR Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Monday, September 15th will be paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Monday, September 15th. KBR's dividend payout ratio is 23.91%.

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.

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