Analysts Set KBR, Inc. (NYSE:KBR) PT at $78.86

Shares of KBR, Inc. (NYSE:KBR) have earned an average rating of “Moderate Buy” from the seven analysts that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $78.86.

A number of equities analysts have weighed in on KBR shares. TD Cowen decreased their target price on KBR from $72.00 to $64.00 and set a “hold” rating for the company in a research report on Wednesday. UBS Group boosted their price objective on shares of KBR from $77.00 to $78.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. DA Davidson restated a “buy” rating and issued a $84.00 target price on shares of KBR in a report on Tuesday, November 19th. KeyCorp decreased their target price on shares of KBR from $78.00 to $70.00 and set an “overweight” rating for the company in a research note on Wednesday. Finally, Citigroup increased their price target on KBR from $76.00 to $82.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd.

KBR Price Performance

Shares of KBR opened at $58.36 on Thursday. KBR has a twelve month low of $51.60 and a twelve month high of $72.60. The company has a market capitalization of $7.78 billion, a P/E ratio of 24.52, a price-to-earnings-growth ratio of 1.16 and a beta of 0.85. The firm has a 50 day moving average of $60.61 and a 200 day moving average of $64.02. 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 (NYSE:KBR) last posted its earnings results on Wednesday, October 23rd. The construction company reported $0.84 EPS for the quarter, hitting analysts’ consensus estimates of $0.84. The business 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 company’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.75 EPS. As a group, equities research analysts anticipate that KBR will post 3.27 earnings per share for the current fiscal year.

KBR Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Friday, December 13th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.60 annualized dividend and a dividend yield of 1.03%. KBR’s dividend payout ratio (DPR) is 25.21%.

Institutional Investors Weigh In On KBR

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KBR. True Wealth Design LLC bought a new position in shares of KBR in the third quarter worth about $26,000. Quarry LP lifted its stake in KBR by 454.7% in the 2nd quarter. Quarry LP now owns 821 shares of the construction company’s stock worth $53,000 after purchasing an additional 673 shares in the last quarter. Eastern Bank purchased a new position in shares of KBR during the third quarter valued at about $65,000. Daiwa Securities Group Inc. purchased a new stake in shares of KBR in the third quarter worth about $111,000. Finally, Blue Trust Inc. boosted its stake in KBR by 32.2% during the third quarter. Blue Trust Inc. now owns 1,926 shares of the construction company’s stock valued at $124,000 after buying an additional 469 shares during the last quarter. Institutional investors own 97.02% of the company’s stock.

KBR Company Profile

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.