KBR, Inc. (NYSE:KBR) Receives $62.78 Consensus PT from Analysts

Shares of KBR, Inc. (NYSE:KBR) have earned an average recommendation of “Hold” from the nine research firms that are covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $62.7778.

A number of equities research analysts have recently issued reports on the stock. DA Davidson reduced their price target on shares of KBR from $72.00 to $65.00 and set a “buy” rating on the stock in a research note on Friday, August 1st. KeyCorp downgraded shares of KBR from an “overweight” rating to a “sector weight” rating in a research note on Monday, June 23rd. UBS Group downgraded shares of KBR from a “buy” rating to a “neutral” rating and reduced their price target for the company from $66.00 to $54.00 in a research note on Wednesday, July 2nd. Wall Street Zen raised shares of KBR from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. Finally, The Goldman Sachs Group downgraded shares of KBR from a “buy” rating to a “neutral” rating and set a $55.00 price target on the stock. in a research note on Tuesday, May 27th.

KBR Price Performance

Shares of KBR stock opened at $49.41 on Tuesday. 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 firm’s 50-day moving average is $48.78 and its two-hundred day moving average is $50.35. KBR has a 12 month low of $43.89 and a 12 month high of $72.60. The company has a market capitalization of $6.37 billion, a PE ratio of 17.90, a price-to-earnings-growth ratio of 0.97 and a beta of 0.73.

KBR (NYSE:KBR) last issued its earnings results on Thursday, July 31st. The construction company reported $0.91 EPS for the quarter, topping 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 company had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $2.10 billion. During the same period in the previous year, the firm earned $0.83 earnings per share. KBR’s quarterly 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. Analysts predict that KBR will post 3.26 earnings per share for the current year.

KBR Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th will be paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, September 15th. KBR’s payout ratio is 23.91%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in KBR. Cetera Investment Advisers grew its holdings in shares of KBR by 65.1% in the fourth quarter. Cetera Investment Advisers now owns 6,922 shares of the construction company’s stock valued at $401,000 after purchasing an additional 2,729 shares in the last quarter. Nuveen Asset Management LLC grew its holdings in shares of KBR by 4.0% in the fourth quarter. Nuveen Asset Management LLC now owns 651,981 shares of the construction company’s stock valued at $37,769,000 after purchasing an additional 25,230 shares in the last quarter. ProShare Advisors LLC grew its holdings in shares of KBR by 7.5% in the fourth quarter. ProShare Advisors LLC now owns 6,234 shares of the construction company’s stock valued at $361,000 after purchasing an additional 434 shares in the last quarter. Point72 Asset Management L.P. grew its holdings in shares of KBR by 730.1% in the fourth quarter. Point72 Asset Management L.P. now owns 189,026 shares of the construction company’s stock valued at $10,950,000 after purchasing an additional 219,026 shares in the last quarter. Finally, Strategic Global Advisors LLC acquired a new position in shares of KBR in the fourth quarter valued at approximately $514,000. 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.