KBR, Inc. (NYSE:KBR - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $36.09 and last traded at $35.95, with a volume of 455848 shares. The stock had previously closed at $37.00.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on KBR shares. Weiss Ratings lowered KBR from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Friday. Wall Street Zen downgraded KBR from a "buy" rating to a "hold" rating in a report on Sunday, March 1st. Truist Financial dropped their price target on shares of KBR from $62.00 to $50.00 and set a "buy" rating on the stock in a research note on Friday, December 19th. Oppenheimer started coverage on shares of KBR in a report on Tuesday, December 2nd. They set an "outperform" rating and a $60.00 price objective on the stock. Finally, Citigroup lowered their target price on shares of KBR from $57.00 to $53.00 and set a "buy" rating for the company in a report on Monday, January 26th. Five research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $57.00.
Read Our Latest Research Report on KBR
KBR Price Performance
The company has a debt-to-equity ratio of 1.68, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a market cap of $4.53 billion, a price-to-earnings ratio of 11.15, a PEG ratio of 2.18 and a beta of 0.50. The stock has a 50-day moving average price of $40.79 and a 200 day moving average price of $42.68.
KBR (NYSE:KBR - Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The construction company reported $0.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.95 by $0.04. The firm had revenue of $1.89 billion for 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 quarterly revenue was down 10.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.91 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. As a group, equities research analysts forecast that KBR, Inc. will post 3.26 earnings per share for the current fiscal year.
KBR Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 13th will be issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Friday, March 13th. KBR's payout ratio is presently 20.56%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of KBR. Envestnet Asset Management Inc. increased its position in KBR by 105.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 120,842 shares of the construction company's stock valued at $5,715,000 after acquiring an additional 61,983 shares during the period. Moore Capital Management LP acquired a new stake in KBR during the 3rd quarter worth approximately $16,055,000. Neuberger Berman Group LLC lifted its position in KBR by 9.1% during the 3rd quarter. Neuberger Berman Group LLC now owns 2,302,468 shares of the construction company's stock worth $108,850,000 after acquiring an additional 191,382 shares during the period. HighVista Strategies LLC purchased a new position in shares of KBR in the 3rd quarter valued at approximately $1,679,000. Finally, Van ECK Associates Corp grew its stake in shares of KBR by 4.7% in the 3rd quarter. Van ECK Associates Corp now owns 2,133,428 shares of the construction company's stock valued at $100,890,000 after purchasing an additional 96,188 shares during the last quarter. 97.02% of the stock is owned by hedge funds and other institutional investors.
KBR Company Profile
(
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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