KBR, Inc. (NYSE:KBR - Get Free Report)'s share price hit a new 52-week low on Friday . The stock traded as low as $39.20 and last traded at $39.50, with a volume of 101263 shares traded. The stock had previously closed at $40.13.
Analyst Ratings Changes
Several equities research analysts have recently commented on KBR shares. Oppenheimer assumed coverage on KBR in a research note on Tuesday, December 2nd. They issued an "outperform" rating and a $60.00 price objective for the company. Bank of America cut their price target on KBR from $55.00 to $45.00 and set a "neutral" rating for the company in a report on Thursday, November 13th. Weiss Ratings cut KBR from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Wednesday, February 25th. Citigroup lowered their price objective on KBR from $57.00 to $53.00 and set a "buy" rating on the stock in a research report on Monday, January 26th. Finally, Wall Street Zen lowered shares of KBR from a "buy" rating to a "hold" rating in a report on Sunday, March 1st. Five equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, KBR currently has a consensus rating of "Hold" and an average price target of $57.00.
Read Our Latest Stock Report on KBR
KBR Price Performance
The firm has a 50-day moving average of $42.40 and a 200-day moving average of $44.19. The stock has a market cap of $5.10 billion, a PE ratio of 12.57, a PEG ratio of 1.03 and a beta of 0.50. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.22 and a quick ratio of 1.22.
KBR (NYSE:KBR - Get Free Report) last posted its quarterly earnings results on Thursday, February 26th. The construction company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.04. The business had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.91 billion. KBR had a return on equity of 35.22% and a net margin of 5.30%.The firm's revenue for the quarter was down 10.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.91 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Research analysts predict that KBR, Inc. will post 3.26 EPS for the current year.
KBR Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Friday, March 13th will be paid a $0.165 dividend. The ex-dividend date is Friday, March 13th. This represents a $0.66 annualized dividend and a yield of 1.6%. KBR's payout ratio is presently 20.56%.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in KBR. Public Employees Retirement System of Ohio lifted its position in shares of KBR by 0.6% in the third quarter. Public Employees Retirement System of Ohio now owns 40,133 shares of the construction company's stock worth $1,898,000 after buying an additional 249 shares in the last quarter. Bessemer Group Inc. increased its stake in KBR by 75.8% in the 2nd 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. Jones Financial Companies Lllp raised its holdings in shares of KBR by 6.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,785 shares of the construction company's stock worth $227,000 after acquiring an additional 289 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of KBR by 89.8% during the 4th quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company's stock valued at $25,000 after acquiring an additional 289 shares during the last quarter. Finally, Truist Financial Corp grew its holdings in shares of KBR by 1.9% in the fourth quarter. Truist Financial Corp now owns 17,342 shares of the construction company's stock valued at $697,000 after purchasing an additional 317 shares in the last quarter. Hedge funds and other institutional investors own 97.02% of the company's stock.
About KBR
(
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.
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