KBR, Inc. (NYSE:KBR) Receives Average Rating of “Moderate Buy” from Analysts

Shares of KBR, Inc. (NYSE:KBR) have been assigned a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $78.86.

KBR has been the topic of a number of analyst reports. KeyCorp cut their price objective on shares of KBR from $78.00 to $70.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 8th. Citigroup raised their target price on shares of KBR from $76.00 to $82.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. UBS Group increased their price objective on KBR from $77.00 to $78.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. DA Davidson reaffirmed a “buy” rating and set a $84.00 target price on shares of KBR in a report on Tuesday, November 19th. Finally, TD Cowen reduced their price target on shares of KBR from $72.00 to $64.00 and set a “hold” rating for the company in a research report on Wednesday, January 8th.

KBR Stock Performance

Shares of NYSE KBR opened at $59.62 on Thursday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.69. KBR has a 52-week low of $51.60 and a 52-week high of $72.60. The company has a market cap of $7.94 billion, a PE ratio of 25.05, a PEG ratio of 0.99 and a beta of 0.85. The firm’s 50-day moving average price is $60.27 and its 200-day moving average price is $63.96.

KBR (NYSE:KBR) last released its quarterly earnings data on Wednesday, October 23rd. The construction company reported $0.84 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.84. The firm had revenue of $1.95 billion during the quarter, compared to analyst estimates of $1.95 billion. KBR had a return on equity of 28.87% and a net margin of 4.35%. The business’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.75 earnings per share. As a group, analysts anticipate that KBR will post 3.26 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. State Street Corp boosted its position in shares of KBR by 0.7% in the 3rd quarter. State Street Corp now owns 4,016,324 shares of the construction company’s stock valued at $262,185,000 after purchasing an additional 29,833 shares during the period. Franklin Resources Inc. boosted its holdings in shares of KBR by 14.5% in the third quarter. Franklin Resources Inc. now owns 2,416,531 shares of the construction company’s stock valued at $167,876,000 after acquiring an additional 305,889 shares during the period. D. E. Shaw & Co. Inc. grew its position in shares of KBR by 29.4% during the second quarter. D. E. Shaw & Co. Inc. now owns 2,286,779 shares of the construction company’s stock worth $146,674,000 after acquiring an additional 520,207 shares during the last quarter. Wolf Hill Capital Management LP increased its holdings in shares of KBR by 37.1% in the 2nd quarter. Wolf Hill Capital Management LP now owns 1,877,497 shares of the construction company’s stock valued at $120,423,000 after acquiring an additional 507,800 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in KBR by 12.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,766,916 shares of the construction company’s stock valued at $113,331,000 after purchasing an additional 196,693 shares during the last quarter. Institutional investors and hedge funds own 97.02% of the company’s stock.

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.