1 week Ago By ABMN Staff
Shares of KBR, Inc. ( NYSE:KBR – Get Free Report ) have received an average recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company.
The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $75.50. A number of research analysts recently issued reports on KBR shares.
StockNews.com cut shares of KBR from a “strong-buy” rating to a “buy” rating in a research report on Monday, August 12th. TD Cowen lowered shares of KBR from a “buy” rating to a “hold” rating and set a $72.
00 target price for the company. in a report on Friday. UBS Group upped their price target on KBR from $68.
00 to $77.00 and gave the stock a “buy” rating in a research note on Tuesday, May 14th. Finally, DA Davidson reissued a “buy” rating and issued a $78.
00 target price on shares of KBR in a report on Tuesday, June 25th. Read Our Latest Report on KBR KBR Price Performance KBR ( NYSE:KBR – Get Free Report ) last issued its quarterly earnings results on Wednesday, July 24th. The construction company reported $0.
83 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.04.
The company had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.88 billion.
KBR had a return on equity of 27.92% and a net margin of 2.77%.
On average, sell-side analysts forecast that KBR will post 3.24 EPS for the current year. KBR Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th.
Investors of record on Monday, September 16th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, September 16th.
This represents a $0.60 annualized dividend and a dividend yield of 0.97%.
KBR’s dividend payout ratio (DPR) is presently -31.25%. Insiders Place Their Bets In other news, insider Jalal Ibrahim sold 35,000 shares of KBR stock in a transaction that occurred on Monday, August 19th.
The shares were sold at an average price of $66.56, for a total value of $2,329,600.00.
Following the completion of the sale, the insider now directly owns 106,550 shares in the company, valued at $7,091,968. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink . 1.
08% of the stock is owned by insiders. Institutional Inflows and Outflows A number of institutional investors have recently bought and sold shares of the company. RK Capital Management LLC increased its position in shares of KBR by 37.
4% during the 4th quarter. RK Capital Management LLC now owns 258,127 shares of the construction company’s stock valued at $14,303,000 after purchasing an additional 70,327 shares during the last quarter. CenterBook Partners LP grew its position in KBR by 341.
8% during the fourth quarter. CenterBook Partners LP now owns 51,347 shares of the construction company’s stock valued at $2,845,000 after buying an additional 39,726 shares during the period. Vanguard Group Inc.
increased its holdings in KBR by 0.4% during the fourth quarter. Vanguard Group Inc.
now owns 13,044,986 shares of the construction company’s stock valued at $722,823,000 after buying an additional 52,679 shares during the last quarter. Norden Group LLC raised its position in KBR by 1,030.1% in the first quarter.
Norden Group LLC now owns 74,200 shares of the construction company’s stock worth $4,723,000 after acquiring an additional 67,634 shares during the period. Finally, Qsemble Capital Management LP purchased a new position in shares of KBR during the 1st quarter worth $868,000. Institutional investors own 97.
02% of the company’s stock. KBR Company Profile ( Get Free Report 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. Further Reading Receive News & Ratings for KBR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KBR and related companies with MarketBeat.com's FREE daily email newsletter .
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