ValuEngine downgraded shares of KBR (NYSE:KBR) from a hold rating to a sell rating in a research report released on Thursday.

A number of other equities analysts also recently weighed in on KBR. Zacks Investment Research restated a strong-buy rating and set a $23.00 target price on shares of KBR in a report on Tuesday, November 13th. Credit Suisse Group boosted their target price on shares of KBR from $24.00 to $25.00 and gave the stock a neutral rating in a report on Wednesday, October 31st. Drexel Hamilton set a $22.00 target price on shares of KBR and gave the stock a buy rating in a report on Tuesday, October 30th. Macquarie downgraded shares of KBR from an outperform rating to a neutral rating and set a $22.00 target price on the stock. in a report on Wednesday, September 19th. Finally, Bank of America boosted their target price on shares of KBR from $20.00 to $24.00 and gave the stock a buy rating in a report on Monday, August 13th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of Buy and an average target price of $23.20.

NYSE KBR opened at $16.73 on Thursday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.29 and a current ratio of 1.29. KBR has a 12-month low of $14.40 and a 12-month high of $22.22. The company has a market capitalization of $2.36 billion, a PE ratio of 11.23, a price-to-earnings-growth ratio of 1.23 and a beta of 1.11.

KBR (NYSE:KBR) last posted its quarterly earnings data on Tuesday, October 30th. The construction company reported $0.46 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.07. KBR had a net margin of 11.35% and a return on equity of 13.40%. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same period last year, the company earned $0.35 earnings per share. The firm’s revenue was up 23.6% compared to the same quarter last year. On average, analysts predict that KBR will post 1.51 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 15th. Investors of record on Monday, December 17th will be issued a dividend of $0.08 per share. The ex-dividend date is Friday, December 14th. This represents a $0.32 dividend on an annualized basis and a yield of 1.91%. KBR’s payout ratio is 21.48%.

Institutional investors and hedge funds have recently modified their holdings of the stock. Migdal Insurance & Financial Holdings Ltd. bought a new position in KBR during the second quarter worth $158,000. Janney Montgomery Scott LLC bought a new position in KBR during the second quarter worth $179,000. PEAK6 Investments LLC bought a new position in KBR during the third quarter worth $211,000. Point72 Hong Kong Ltd boosted its position in KBR by 514.1% during the second quarter. Point72 Hong Kong Ltd now owns 12,289 shares of the construction company’s stock worth $220,000 after purchasing an additional 10,288 shares during the period. Finally, Marshall Wace LLP bought a new position in KBR during the second quarter worth $222,000. Institutional investors and hedge funds own 97.78% of the company’s stock.

KBR Company Profile

KBR, Inc provides professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries worldwide. The company operates through three segments: Government Services, Technology & Consulting, and Engineering & Construction. The Government Services segment offers life-cycle support solutions to defense, space, aviation, and other programs and missions for government agencies in the United States, the United Kingdom, and Australia.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for KBR (NYSE:KBR)

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