KBR (KBR) Earning Somewhat Positive Media Coverage, Report Shows
Headlines about KBR (NYSE:KBR) have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. KBR earned a news impact score of 0.16 on Accern’s scale. Accern also gave headlines about the construction company an impact score of 45.9093662793321 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the headlines that may have effected Accern’s rankings:
- KBR, Inc. – Value Analysis (NYSE:KBR) : August 12, 2017 (finance.yahoo.com)
- Relative Strength Index for Rockwell Collins Inc. (COL) is at 76.9 (campdesrecrues.com)
- KBR, Inc. (NYSE:KBR) Declares $0.08 Quarterly Dividend (americanbankingnews.com)
- Tortured Islamic Terrorists Get Day In Court, Iraq Burn Pit Veterans Get Denied (disabledveterans.org)
- KBR signs Agreement with Saudi Aramco to Expand in- Kingdom Localization Efforts (marketwatch.com)
Shares of KBR (KBR) traded up 0.56% during mid-day trading on Friday, hitting $16.16. The company’s stock had a trading volume of 1,565,150 shares. KBR has a 1-year low of $13.16 and a 1-year high of $17.95. The company has a 50-day moving average price of $15.53 and a 200-day moving average price of $15.25. The stock’s market cap is $2.26 billion.
KBR (NYSE:KBR) last announced its quarterly earnings data on Wednesday, August 2nd. The construction company reported $0.54 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.49 by $0.05. The company had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.10 billion. KBR had a positive return on equity of 8.74% and a negative net margin of 0.81%. KBR’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.35 EPS. Analysts predict that KBR will post $1.36 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 15th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 1.98%. The ex-dividend date is Thursday, September 14th. KBR’s payout ratio is -128.00%.
A number of research analysts have commented on KBR shares. Zacks Investment Research downgraded KBR from a “hold” rating to a “sell” rating in a research note on Monday, May 1st. Vertical Research upgraded KBR from a “hold” rating to a “buy” rating in a research note on Monday, May 1st. BidaskClub upgraded KBR from a “sell” rating to a “hold” rating in a research note on Saturday, June 10th. Finally, TheStreet upgraded KBR from a “d+” rating to a “c-” rating in a research note on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company’s stock. KBR currently has a consensus rating of “Buy” and an average price target of $18.22.
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KBR, Inc is a provider of professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries. The Company operates through business segments, including Technology & Consulting (T&C), Engineering & Construction (E&C), Government Services (GS), Non-strategic Business and Other.
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