KBR Inc. (NYSE:KBR) – Research analysts at DA Davidson issued their Q1 2017 EPS estimates for shares of KBR in a report released on Monday. DA Davidson analyst J. Rogers expects that the brokerage will post earnings per share of $0.26 for the quarter. DA Davidson currently has a “Buy” rating and a $20.00 price target on the stock. DA Davidson also issued estimates for KBR’s Q2 2017 earnings at $0.31 EPS and Q3 2017 earnings at $0.41 EPS.
Several other brokerages also recently weighed in on KBR. Janney Montgomery Scott restated a “buy” rating on shares of KBR in a research report on Tuesday, August 16th. Zacks Investment Research downgraded KBR from a “buy” rating to a “hold” rating in a research report on Wednesday, August 3rd. Credit Suisse Group AG restated a “buy” rating and set a $18.00 price objective on shares of KBR in a research report on Monday. MKM Partners set a $15.00 price objective on KBR and gave the stock a “hold” rating in a research report on Monday. Finally, Vetr upgraded KBR from a “sell” rating to a “hold” rating and set a $14.30 price objective for the company in a research report on Monday, July 25th. Ten equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $17.33.
KBR (NYSE:KBR) opened at 16.18 on Wednesday. The stock’s 50 day moving average price is $14.78 and its 200 day moving average price is $14.62. The company has a market cap of $2.31 billion, a PE ratio of 12.54 and a beta of 1.54. KBR has a 12-month low of $11.61 and a 12-month high of $19.94.
KBR (NYSE:KBR) last issued its earnings results on Friday, July 29th. The company reported $0.32 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.32. KBR had a return on equity of 18.60% and a net margin of 4.34%. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $1.05 billion. During the same quarter last year, the business earned $0.46 earnings per share. The company’s revenue was down 26.9% compared to the same quarter last year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 14th. Investors of record on Thursday, September 15th will be given a dividend of $0.08 per share. The ex-dividend date is Tuesday, September 13th. This represents a $0.32 annualized dividend and a dividend yield of 1.98%. KBR’s payout ratio is 24.81%.
Several large investors have recently made changes to their positions in KBR. LSV Asset Management acquired a new stake in shares of KBR during the second quarter valued at approximately $100,000. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of KBR during the second quarter valued at approximately $102,000. LS Investment Advisors LLC raised its stake in shares of KBR by 71.7% in the second quarter. LS Investment Advisors LLC now owns 8,665 shares of the company’s stock valued at $115,000 after buying an additional 3,619 shares during the last quarter. Sei Investments Co. raised its stake in shares of KBR by 18.9% in the second quarter. Sei Investments Co. now owns 8,854 shares of the company’s stock valued at $117,000 after buying an additional 1,405 shares during the last quarter. Finally, World Asset Management Inc raised its stake in shares of KBR by 0.6% in the second quarter. World Asset Management Inc now owns 10,187 shares of the company’s stock valued at $135,000 after buying an additional 58 shares during the last quarter. Institutional investors own 97.24% of the company’s stock.
KBR, Inc (KBR) is an engineering, procurement, construction and services company. The Company supports global hydrocarbons and international Government services market sectors. It operates through three business segments: Technology & Consulting (T&C), Engineering & Construction (E&C), and Government Services (GS).
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