KBR (NYSE:KBR) Lowered to “Strong Sell” Rating by Zacks Research

Zacks Research downgraded shares of KBR (NYSE:KBR) from a hold rating to a strong sell rating in a research note released on Thursday morning,Zacks.com reports.

Several other research analysts also recently commented on the stock. Wall Street Zen downgraded shares of KBR from a “buy” rating to a “hold” rating in a research note on Sunday, March 1st. Citigroup reduced their target price on shares of KBR from $57.00 to $53.00 and set a “buy” rating on the stock in a report on Monday, January 26th. Oppenheimer assumed coverage on shares of KBR in a research report on Tuesday, December 2nd. They issued an “outperform” rating and a $60.00 target price on the stock. Truist Financial cut their price target on shares of KBR from $62.00 to $50.00 and set a “buy” rating for the company in a research report on Friday, December 19th. Finally, Weiss Ratings raised KBR from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday. Five investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $57.00.

KBR Price Performance

Shares of KBR stock opened at $36.64 on Thursday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.68. The firm has a market capitalization of $4.63 billion, a PE ratio of 11.41, a price-to-earnings-growth ratio of 2.17 and a beta of 0.50. The business’s 50-day moving average price is $42.12 and its 200-day moving average price is $43.69. KBR has a 12 month low of $36.35 and a 12 month high of $56.78.

KBR (NYSE:KBR) last announced its quarterly earnings data on Thursday, February 26th. The construction company reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.04. The company had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.91 billion. KBR had a return on equity of 35.22% and a net margin of 5.30%.KBR’s revenue for the quarter was down 10.6% compared to the same quarter last year. During the same period last year, the firm posted $0.91 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. Sell-side analysts forecast that KBR will post 3.26 EPS for the current fiscal year.

KBR Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 13th will be issued a $0.165 dividend. The ex-dividend date is Friday, March 13th. This represents a $0.66 annualized dividend and a dividend yield of 1.8%. KBR’s dividend payout ratio (DPR) is currently 20.56%.

Institutional Investors Weigh In On KBR

Several institutional investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its holdings in KBR by 89.8% in the 4th quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company’s stock worth $25,000 after acquiring an additional 289 shares during the last quarter. Hantz Financial Services Inc. increased its position in shares of KBR by 207.8% in the third quarter. Hantz Financial Services Inc. now owns 594 shares of the construction company’s stock valued at $28,000 after acquiring an additional 401 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of KBR by 432.5% during the second quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company’s stock valued at $29,000 after acquiring an additional 493 shares during the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of KBR during the third quarter worth about $32,000. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in shares of KBR by 101,600.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,017 shares of the construction company’s stock worth $48,000 after purchasing an additional 1,016 shares during the period. Hedge funds and other institutional investors own 97.02% of the company’s stock.

About KBR

KBR, Inc is a global engineering, procurement, construction and services (EPC&S) company headquartered in Houston, Texas. The firm delivers integrated solutions and technologies across the full project lifecycle for customers in the energy, government, industrial and infrastructure sectors. Its offerings span feasibility studies, front-end engineering design, detailed design, procurement, fabrication, construction, commissioning and operations support.

The company is organized into business segments that include Energy Solutions, which focuses on oil and gas processing, liquefied natural gas (LNG) facilities and petrochemical plants; Government Solutions, providing logistics, sustainment, training and mission support for defense, intelligence and civilian agencies; and Sustainable Technology, delivering chemical process technologies, water treatment and lower-carbon fuels expertise.