KBR (NYSE:KBR) Price Target Cut to $65.00 by Analysts at DA Davidson

Key Points

• DA Davidson has lowered KBR's price target from $72.00 to $65.00, while maintaining a "buy" rating, indicating a potential upside of 39.85% from the current stock price.
• KBR's latest quarterly earnings showed an EPS of $0.91, exceeding estimates, but revenue fell short of expectations at $1.95 billion.
• Several analysts have varying ratings on KBR, with a mix of "buy" and "hold" ratings, resulting in an average price target of $63.75.

KBR (NYSE:KBR - Free Report) had its price target trimmed by DA Davidson from $72.00 to $65.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a buy rating on the construction company's stock. DA Davidson also issued estimates for KBR's Q3 2025 earnings at $0.98 EPS, FY2025 earnings at $3.47 EPS and FY2026 earnings at $4.13 EPS.

Other equities analysts also recently issued research reports about the stock. UBS Group downgraded shares of KBR from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $66.00 to $54.00 in a research note on Wednesday, July 2nd. Truist Financial reduced their target price on KBR from $70.00 to $60.00 and set a "buy" rating for the company in a report on Monday, April 14th. The Goldman Sachs Group lowered 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. Stifel Nicolaus increased their price target on shares of KBR from $78.00 to $80.00 and gave the company a "buy" rating in a research report on Friday. Finally, KeyCorp lowered shares of KBR from an "overweight" rating to a "sector weight" rating in a research report on Monday, June 23rd. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $63.75.

KBR Price Performance

Shares of KBR traded up $1.36 during midday trading on Friday, hitting $49.44. The company's stock had a trading volume of 710,575 shares, compared to its average volume of 1,542,514. KBR has a one year low of $43.89 and a one year high of $72.60. The company's fifty day simple moving average is $49.15 and its two-hundred day simple moving average is $51.11. 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 stock has a market capitalization of $6.37 billion, a price-to-earnings ratio of 17.93, a price-to-earnings-growth ratio of 0.98 and a beta of 0.76.

KBR (NYSE:KBR - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The construction company reported $0.91 EPS for the quarter, beating 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 during the quarter, compared to analysts' expectations of $2.10 billion. During the same period in the prior year, the company earned $0.83 EPS. KBR's revenue was up 5.7% compared to the same quarter last year. As a group, equities analysts expect that KBR will post 3.26 earnings per share for the current fiscal year.

KBR Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Friday, June 13th were paid a $0.165 dividend. The ex-dividend date was Friday, June 13th. This represents a $0.66 annualized dividend and a yield of 1.3%. KBR's dividend payout ratio (DPR) is currently 23.91%.

Insiders Place Their Bets

In other KBR news, CEO Stuart Bradie sold 20,000 shares of KBR stock in a transaction dated 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 completion of the sale, the chief executive officer owned 802,361 shares of the company's stock, valued at $42,372,684.41. The trade was a 2.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.11% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Bessemer Group Inc. grew its stake 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 purchasing an additional 266 shares during the last quarter. LRI Investments LLC bought a new position in shares of KBR during the fourth quarter valued at approximately $31,000. GAMMA Investing LLC increased its position in shares of KBR by 295.5% during the first quarter. GAMMA Investing LLC now owns 795 shares of the construction company's stock valued at $40,000 after buying an additional 594 shares during the period. Byrne Asset Management LLC purchased a new position in shares of KBR during the second quarter valued at about $41,000. Finally, Harbor Capital Advisors Inc. purchased a new position in shares of KBR during the first quarter valued at about $47,000. 97.02% of the stock is owned by institutional investors.

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.