KBR (NYSE:KBR) Cut to “Strong Sell” at Zacks Research

Zacks Research downgraded shares of KBR (NYSE:KBR) from a hold rating to a strong sell rating in a research report released on Thursday,Zacks.com reports.

KBR has been the topic of several other reports. Weiss Ratings raised shares of KBR from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday. Citigroup lowered their target price on KBR from $57.00 to $53.00 and set a “buy” rating for the company in a research report on Monday, January 26th. Bank of America decreased their price target on KBR from $55.00 to $45.00 and set a “neutral” rating for the company in a research note on Thursday, November 13th. Wall Street Zen lowered KBR from a “buy” rating to a “hold” rating in a research note on Sunday, March 1st. Finally, Oppenheimer started coverage on KBR in a research report on Tuesday, December 2nd. They set an “outperform” rating and a $60.00 target price on the stock. Five equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $57.00.

KBR Stock Down 0.4%

NYSE KBR opened at $36.64 on Thursday. KBR has a 52 week low of $36.35 and a 52 week high of $56.78. The stock has a fifty day moving average of $42.12 and a 200-day moving average of $43.63. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.22 and a current ratio of 1.22. The stock has a market capitalization of $4.63 billion, a P/E ratio of 11.41, a price-to-earnings-growth ratio of 2.16 and a beta of 0.50.

KBR (NYSE:KBR) last announced its earnings results on Thursday, February 26th. The construction company reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.04. KBR had a return on equity of 35.22% and a net margin of 5.30%.The company had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same quarter last year, the company earned $0.91 earnings per share. The firm’s quarterly revenue was down 10.6% compared to the same quarter last year. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, equities research analysts forecast that KBR will post 3.26 EPS for the current year.

KBR Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 13th will be issued a dividend of $0.165 per share. The ex-dividend date is Friday, March 13th. This represents a $0.66 annualized dividend and a dividend yield of 1.8%. KBR’s payout ratio is currently 20.56%.

Hedge Funds Weigh In On KBR

Large investors have recently modified their holdings of the company. Farther Finance Advisors LLC increased its stake in KBR by 89.8% during the 4th quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company’s stock valued at $25,000 after purchasing an additional 289 shares in the last quarter. Hantz Financial Services Inc. grew its stake in KBR by 207.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 594 shares of the construction company’s stock valued at $28,000 after buying an additional 401 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in KBR by 432.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company’s stock valued at $29,000 after buying an additional 493 shares in the last quarter. FNY Investment Advisers LLC bought a new stake in KBR during the 3rd quarter worth approximately $32,000. Finally, Caitong International Asset Management Co. Ltd increased its stake 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 worth $48,000 after acquiring an additional 1,016 shares during the last quarter. 97.02% of the stock is currently owned by institutional investors.

KBR Company Profile

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.