KBR, Inc. (NYSE:KBR - Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $37.01 and last traded at $36.9880, with a volume of 387157 shares changing hands. The stock had previously closed at $37.66.
Wall Street Analysts Forecast Growth
A number of research firms recently commented on KBR. Wall Street Zen cut shares of KBR from a "buy" rating to a "hold" rating in a research report on Sunday, March 1st. Bank of America cut their price objective on KBR from $55.00 to $45.00 and set a "neutral" rating on the stock in a report on Thursday, November 13th. Wells Fargo & Company started coverage on shares of KBR in a report on Thursday, November 13th. They set an "equal weight" rating and a $45.00 target price on the stock. 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, Weiss Ratings cut KBR from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Wednesday, February 25th. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, KBR presently has a consensus rating of "Hold" and an average target price of $57.00.
Check Out Our Latest Research Report on KBR
KBR Stock Down 1.6%
The firm has a market capitalization of $4.69 billion, a P/E ratio of 11.55, a PEG ratio of 0.97 and a beta of 0.50. The firm's 50 day moving average is $42.27 and its two-hundred day moving average is $43.83. 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 announced its quarterly earnings results on Thursday, February 26th. The construction company reported $0.99 EPS for the quarter, beating analysts' consensus estimates of $0.95 by $0.04. The firm had revenue of $1.89 billion during the quarter, compared to analysts' expectations of $1.91 billion. KBR had a net margin of 5.30% and a return on equity of 35.22%. The company's revenue for the quarter was down 10.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.91 earnings per share. 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 Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 13th will be given 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 dividend payout ratio (DPR) is presently 20.56%.
Institutional Investors Weigh In On KBR
Several hedge funds have recently added to or reduced their stakes in KBR. Farther Finance Advisors LLC boosted its holdings 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 worth $25,000 after buying an additional 289 shares during the period. Hantz Financial Services Inc. increased its position in KBR by 207.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 594 shares of the construction company's stock worth $28,000 after buying an additional 401 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of KBR by 432.5% in the second quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company's stock valued at $29,000 after acquiring an additional 493 shares during the period. FNY Investment Advisers LLC bought a new position in KBR during the third quarter worth about $32,000. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in KBR by 101,600.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,017 shares of the construction company's stock valued at $48,000 after purchasing an additional 1,016 shares during the period. Institutional investors and hedge funds 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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