KBR Inc. (NYSE:KBR) – Analysts at William Blair raised their FY2017 earnings per share estimates for shares of KBR in a research note issued on Monday. William Blair analyst C. Jacobson now anticipates that the brokerage will earn $1.15 per share for the year, up from their previous estimate of $1.10.
KBR (NYSE:KBR) last posted its quarterly earnings data on Friday, July 29th. The company reported $0.32 EPS for the quarter, meeting analysts’ consensus estimates of $0.32. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.05 billion. KBR had a net margin of 4.34% and a return on equity of 18.60%. KBR’s quarterly revenue was down 26.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.46 earnings per share.
KBR has been the subject of several other research reports. MKM Partners set a $16.00 price objective on shares of KBR and gave the stock a “hold” rating in a research report on Tuesday, September 13th. Zacks Investment Research lowered shares of KBR from a “hold” rating to a “sell” rating in a research report on Monday, July 4th. Janney Montgomery Scott reissued a “buy” rating on shares of KBR in a research report on Tuesday, August 16th. Credit Suisse Group AG reissued a “buy” rating and issued a $18.00 price objective on shares of KBR in a research report on Monday. Finally, DA Davidson set a $20.00 price objective on shares of KBR and gave the stock a “buy” rating in a research report on Monday, August 15th. Nine analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $17.23.
KBR (NYSE:KBR) traded up 3.82% on Tuesday, reaching $14.15. 2,620,848 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $14.80 and its 200 day moving average price is $14.60. KBR has a 1-year low of $11.61 and a 1-year high of $19.94. The firm has a market capitalization of $2.02 billion, a price-to-earnings ratio of 10.97 and a beta of 1.54.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 14th. Shareholders of record on Thursday, September 15th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Tuesday, September 13th. This represents a $0.32 dividend on an annualized basis and a yield of 2.35%. KBR’s dividend payout ratio (DPR) is 24.81%.
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. LSV Asset Management bought a new position in KBR during the second quarter worth approximately $100,000. Fuller & Thaler Asset Management Inc. bought a new position in KBR during the second quarter worth approximately $102,000. LS Investment Advisors LLC increased its position in KBR by 71.7% in the second quarter. LS Investment Advisors LLC now owns 8,665 shares of the company’s stock worth $115,000 after buying an additional 3,619 shares during the period. Sei Investments Co. increased its position in KBR by 18.9% in the second quarter. Sei Investments Co. now owns 8,854 shares of the company’s stock worth $117,000 after buying an additional 1,405 shares during the period. Finally, World Asset Management Inc increased its position in KBR by 0.6% in the second quarter. World Asset Management Inc now owns 10,187 shares of the company’s stock worth $135,000 after buying an additional 58 shares during the last quarter. Hedge funds and other 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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