Wall Street analysts predict that KBR (NYSE:KBR) will announce $0.26 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for KBR’s earnings. The lowest EPS estimate is $0.23 and the highest is $0.28. KBR reported earnings of $0.28 per share during the same quarter last year, which indicates a negative year over year growth rate of 7.1%. The firm is scheduled to report its next earnings report on Friday, April 27th.
On average, analysts expect that KBR will report full-year earnings of $1.36 per share for the current financial year, with EPS estimates ranging from $1.30 to $1.40. For the next financial year, analysts forecast that the firm will report earnings of $1.52 per share, with EPS estimates ranging from $1.47 to $1.55. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow KBR.
KBR (NYSE:KBR) last posted its quarterly earnings data on Friday, February 23rd. The construction company reported $0.28 EPS for the quarter, missing the Zacks’ consensus estimate of $0.30 by ($0.02). KBR had a net margin of 10.40% and a return on equity of 22.65%. The company had revenue of $930.00 million for the quarter, compared to analyst estimates of $1.01 billion. During the same period in the prior year, the company earned ($0.59) EPS. The company’s revenue was down 21.8% compared to the same quarter last year.
A number of brokerages have recently issued reports on KBR. Alembic Global Advisors set a $24.00 target price on KBR and gave the stock a “buy” rating in a report on Monday, February 26th. TheStreet cut KBR from a “b-” rating to a “c+” rating in a report on Wednesday, February 28th. Citigroup decreased their target price on KBR from $23.00 to $17.00 and set a “neutral” rating for the company in a report on Monday, February 26th. ValuEngine cut KBR from a “buy” rating to a “hold” rating in a report on Monday. Finally, Credit Suisse Group cut KBR from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $24.00 to $16.00 in a report on Monday, February 26th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the stock. KBR has an average rating of “Hold” and a consensus target price of $19.50.
Shares of NYSE:KBR opened at $16.24 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.33 and a quick ratio of 1.33. KBR has a 1 year low of $13.36 and a 1 year high of $21.69. The stock has a market cap of $2,258.32, a PE ratio of 11.10, a PEG ratio of 1.55 and a beta of 1.12.
The company also recently announced a quarterly dividend, which will be paid on Friday, April 13th. Stockholders of record on Thursday, March 15th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.97%. The ex-dividend date of this dividend is Wednesday, March 14th. KBR’s payout ratio is currently 21.48%.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Zions Bancorporation purchased a new position in KBR in the 3rd quarter worth approximately $113,000. Balter Liquid Alternatives LLC purchased a new position in KBR in the 4th quarter worth approximately $138,000. Oakbrook Investments LLC purchased a new position in KBR in the 4th quarter worth approximately $204,000. Stifel Financial Corp purchased a new position in KBR in the 3rd quarter worth approximately $194,000. Finally, Sit Investment Associates Inc. purchased a new position in KBR in the 4th quarter worth approximately $230,000. Hedge funds and other institutional investors own 99.59% of the company’s stock.
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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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