Brokerages predict that KBR, Inc. (NYSE:KBR – Get Rating) will report $1.74 billion in sales for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for KBR’s earnings. The highest sales estimate is $1.91 billion and the lowest is $1.62 billion. KBR posted sales of $1.46 billion in the same quarter last year, which would indicate a positive year over year growth rate of 19.2%. The firm is expected to issue its next earnings report before the market opens on Monday, January 1st.
On average, analysts expect that KBR will report full-year sales of $6.64 billion for the current financial year, with estimates ranging from $6.51 billion to $6.87 billion. For the next year, analysts expect that the business will post sales of $7.48 billion, with estimates ranging from $6.88 billion to $8.05 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that follow KBR.
KBR (NYSE:KBR – Get Rating) last announced its quarterly earnings results on Tuesday, February 22nd. The construction company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.04. The company had revenue of $2.50 billion during the quarter, compared to analysts’ expectations of $2.53 billion. KBR had a return on equity of 21.62% and a net margin of 0.25%. The business’s quarterly revenue was up 70.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.51 earnings per share.
KBR stock opened at $52.44 on Monday. KBR has a twelve month low of $36.71 and a twelve month high of $56.94. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.09. The company has a market cap of $7.33 billion, a PE ratio of 582.67 and a beta of 1.28. The business’s 50-day simple moving average is $52.16 and its 200 day simple moving average is $47.39.
The business also recently disclosed a quarterly dividend, which was paid on Friday, April 15th. Investors of record on Tuesday, March 15th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.92%. The ex-dividend date was Monday, March 14th. This is a boost from KBR’s previous quarterly dividend of $0.11. KBR’s payout ratio is 533.33%.
In related news, insider Douglas Nick Kelly sold 1,661 shares of the business’s stock in a transaction that occurred on Friday, February 25th. The shares were sold at an average price of $48.34, for a total transaction of $80,292.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Gregory Sean Conlon sold 3,737 shares of the firm’s stock in a transaction that occurred on Monday, March 14th. The shares were sold at an average price of $53.74, for a total transaction of $200,826.38. The disclosure for this sale can be found here. 0.91% of the stock is currently owned by corporate insiders.
Large investors have recently bought and sold shares of the company. Frontier Capital Management Co. LLC lifted its stake in KBR by 19.2% in the fourth quarter. Frontier Capital Management Co. LLC now owns 4,438,526 shares of the construction company’s stock valued at $211,363,000 after buying an additional 715,168 shares during the period. Richard Bernstein Advisors LLC increased its stake in shares of KBR by 23.4% in the 3rd quarter. Richard Bernstein Advisors LLC now owns 33,236 shares of the construction company’s stock valued at $1,309,000 after acquiring an additional 6,296 shares during the last quarter. K.J. Harrison & Partners Inc raised its position in shares of KBR by 81.8% in the 3rd quarter. K.J. Harrison & Partners Inc now owns 40,000 shares of the construction company’s stock valued at $1,585,000 after acquiring an additional 18,000 shares during the period. State of Michigan Retirement System boosted its stake in KBR by 0.9% during the 4th quarter. State of Michigan Retirement System now owns 35,568 shares of the construction company’s stock worth $1,694,000 after acquiring an additional 300 shares during the last quarter. Finally, Impactive Capital LP grew its holdings in KBR by 16.4% during the third quarter. Impactive Capital LP now owns 3,949,885 shares of the construction company’s stock valued at $155,625,000 after purchasing an additional 556,378 shares during the period.
KBR Company Profile (Get Rating)
KBR, Inc provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. The company 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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