Wall Street analysts expect KBR, Inc. (NYSE:KBR) to post $0.44 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for KBR’s earnings, with the lowest EPS estimate coming in at $0.40 and the highest estimate coming in at $0.47. KBR reported earnings per share of $0.46 during the same quarter last year, which suggests a negative year over year growth rate of 4.3%. The firm is scheduled to report its next earnings report on Tuesday, October 29th.
According to Zacks, analysts expect that KBR will report full-year earnings of $1.67 per share for the current fiscal year, with EPS estimates ranging from $1.63 to $1.70. For the next financial year, analysts anticipate that the business will post earnings of $1.97 per share, with EPS estimates ranging from $1.93 to $2.05. Zacks’ earnings per share averages are a mean average based on a survey of research firms that that provide coverage for KBR.
KBR (NYSE:KBR) last announced its quarterly earnings results on Wednesday, July 31st. The construction company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.40 by $0.01. The business had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.38 billion. KBR had a net margin of 3.52% and a return on equity of 13.20%. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.35 EPS.
KBR has been the topic of several research analyst reports. ValuEngine cut shares of KBR from a “buy” rating to a “hold” rating in a research note on Thursday. Cowen upgraded shares of KBR from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from $23.00 to $31.00 in a research note on Friday, July 19th. Deutsche Bank set a $24.00 price target on shares of KBR and gave the stock a “hold” rating in a research note on Thursday, May 2nd. SunTrust Banks initiated coverage on shares of KBR in a research note on Monday, July 22nd. They issued a “buy” rating and a $37.00 price target on the stock. Finally, Zacks Investment Research cut shares of KBR from a “strong-buy” rating to a “hold” rating and set a $29.00 price target on the stock. in a research note on Tuesday, July 9th. Five equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $27.20.
KBR stock traded down $0.32 during mid-day trading on Friday, hitting $24.78. The company had a trading volume of 1,312,219 shares, compared to its average volume of 1,011,202. The company has a market capitalization of $3.73 billion, a P/E ratio of 16.20, a price-to-earnings-growth ratio of 1.76 and a beta of 1.41. KBR has a 12-month low of $13.90 and a 12-month high of $26.84. The company has a quick ratio of 1.31, a current ratio of 1.31 and a debt-to-equity ratio of 0.81. The firm’s 50-day moving average price is $25.16.
The firm also recently announced a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Monday, June 17th were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend was Friday, June 14th. KBR’s dividend payout ratio is 20.92%.
Hedge funds and other institutional investors have recently made changes to their positions in the company. Sageworth Trust Co purchased a new stake in shares of KBR during the 1st quarter valued at about $35,000. Advisor Group Inc. raised its position in shares of KBR by 74.5% during the 2nd quarter. Advisor Group Inc. now owns 2,834 shares of the construction company’s stock valued at $71,000 after buying an additional 1,210 shares in the last quarter. State of Alaska Department of Revenue purchased a new stake in shares of KBR during the 1st quarter valued at about $102,000. Oakbrook Investments LLC purchased a new stake in shares of KBR during the 2nd quarter valued at about $242,000. Finally, Toth Financial Advisory Corp purchased a new stake in shares of KBR during the 2nd quarter valued at about $254,000. Hedge funds and other institutional investors own 98.26% 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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