Media coverage about KBR (NYSE:KBR) has been trending positive this week, according to Accern. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. KBR earned a coverage optimism score of 0.26 on Accern’s scale. Accern also gave news headlines about the construction company an impact score of 45.4782737730669 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news headlines that may have impacted Accern’s analysis:
KBR (KBR) traded up $0.39 during trading hours on Friday, reaching $20.59. 1,470,832 shares of the company were exchanged, compared to its average volume of 1,560,000. KBR has a 1-year low of $13.36 and a 1-year high of $21.25. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.59. The firm has a market cap of $2,880.00, a price-to-earnings ratio of 40.37, a PEG ratio of 1.73 and a beta of 1.05.
KBR (NYSE:KBR) last issued its quarterly earnings results on Tuesday, October 31st. The construction company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.05. KBR had a net margin of 1.63% and a return on equity of 10.22%. The firm had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.05 billion. During the same period in the prior year, the firm earned ($0.44) EPS. The business’s revenue was down 3.6% on a year-over-year basis. equities analysts anticipate that KBR will post 1.47 EPS for the current fiscal year.
Several analysts recently commented on KBR shares. Zacks Investment Research raised shares of KBR from a “hold” rating to a “strong-buy” rating and set a $22.00 target price for the company in a research note on Wednesday, October 25th. Deutsche Bank upped their price target on shares of KBR from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Tuesday, October 24th. DA Davidson downgraded shares of KBR from a “buy” rating to a “neutral” rating and set a $22.00 price target for the company. in a research report on Wednesday, November 1st. ValuEngine upgraded shares of KBR from a “hold” rating to a “buy” rating in a research report on Monday, November 6th. Finally, TheStreet upgraded shares of KBR from a “c” rating to a “b-” rating in a research report on Tuesday, October 31st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. KBR currently has a consensus rating of “Buy” and a consensus target price of $21.00.
COPYRIGHT VIOLATION WARNING: This news story was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this news story on another site, it was copied illegally and reposted in violation of United States and international trademark and copyright laws. The correct version of this news story can be viewed at https://www.dispatchtribunal.com/2018/01/13/favorable-media-coverage-somewhat-unlikely-to-affect-kbr-kbr-stock-price.html.
KBR Company Profile
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.
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.