KBR (NYSE:KBR) Raised to Buy at Wall Street Zen

Key Points

• KBR has been upgraded from a "hold" rating to a "buy" rating by Wall Street Zen, reflecting positive sentiment from analysts.
• Several research firms have varying opinions on KBR, with price targets ranging from $54 to $80 and analysts generally viewing the stock with a consensus rating of "Hold".
• KBR reported a quarterly earnings per share (EPS) of $0.91, beating estimates and indicating a 5.7% revenue increase year-over-year, though revenue fell short of forecasts.

KBR (NYSE:KBR - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued to investors on Saturday.

A number of other research firms also recently commented on KBR. Stifel Nicolaus increased their price objective on shares of KBR from $78.00 to $80.00 and gave the company a "buy" rating in a research note on Friday, August 1st. UBS Group downgraded shares of KBR from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $66.00 to $54.00 in a research note on Wednesday, July 2nd. Weiss Ratings reiterated a "hold (c-)" rating on shares of KBR in a research note on Wednesday. KeyCorp downgraded shares of KBR from an "overweight" rating to a "sector weight" rating in a research note on Monday, June 23rd. Finally, DA Davidson dropped their target price on shares of KBR from $72.00 to $65.00 and set a "buy" rating on the stock in a report on Friday, August 1st. Four investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $62.78.

KBR Trading Down 4.3%

NYSE KBR opened at $43.31 on Friday. KBR has a 12 month low of $42.94 and a 12 month high of $72.60. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.13 and a quick ratio of 1.13. The company has a market capitalization of $5.58 billion, a price-to-earnings ratio of 15.69, a price-to-earnings-growth ratio of 0.90 and a beta of 0.68. The company's fifty day moving average price is $48.97 and its two-hundred day moving average price is $49.96.

KBR (NYSE:KBR - Get Free Report) last posted its quarterly earnings data 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 net margin of 4.52% and a return on equity of 33.65%. The firm had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $2.10 billion. During the same period in the prior year, the firm posted $0.83 EPS. The firm'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, research analysts predict that KBR will post 3.26 earnings per share for the current fiscal year.

Institutional Trading of KBR

Large investors have recently modified their holdings of the company. GAMMA Investing LLC increased its holdings in shares of KBR by 295.5% in the 1st quarter. GAMMA Investing LLC now owns 795 shares of the construction company's stock worth $40,000 after acquiring an additional 594 shares during the period. Principal Financial Group Inc. increased its holdings in shares of KBR by 0.4% in the 1st quarter. Principal Financial Group Inc. now owns 307,121 shares of the construction company's stock worth $15,298,000 after acquiring an additional 1,343 shares during the period. Cerity Partners LLC increased its holdings in shares of KBR by 697.0% in the 1st quarter. Cerity Partners LLC now owns 27,314 shares of the construction company's stock worth $1,361,000 after acquiring an additional 23,887 shares during the period. KBC Group NV increased its holdings in shares of KBR by 4.8% in the 1st quarter. KBC Group NV now owns 5,703 shares of the construction company's stock worth $284,000 after acquiring an additional 260 shares during the period. Finally, Cetera Investment Advisers increased its holdings in shares of KBR by 22.1% in the 1st quarter. Cetera Investment Advisers now owns 8,453 shares of the construction company's stock worth $421,000 after acquiring an additional 1,531 shares during the period. Institutional investors and hedge funds own 97.02% of the company's stock.

KBR Company Profile

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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