Brokerages Set KBR, Inc. (NYSE:KBR) PT at $57.00

KBR, Inc. (NYSE:KBR) has been assigned an average recommendation of “Hold” from the twelve brokerages that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $57.00.

Several analysts have weighed in on KBR shares. Zacks Research cut KBR from a “hold” rating to a “strong sell” rating in a report on Thursday, March 12th. Wall Street Zen cut shares of KBR from a “buy” rating to a “hold” rating in a research report on Sunday, March 1st. Truist Financial lowered their target price on shares of KBR from $62.00 to $50.00 and set a “buy” rating on the stock in a research note on Friday, December 19th. Oppenheimer assumed coverage on shares of KBR in a research report on Tuesday, December 2nd. They set an “outperform” rating and a $60.00 target price for the company. Finally, Citigroup cut their price target on shares of KBR from $57.00 to $53.00 and set a “buy” rating for the company in a research note on Monday, January 26th.

KBR Stock Down 0.3%

KBR opened at $36.54 on Tuesday. The firm has a market capitalization of $4.62 billion, a P/E ratio of 11.38, a price-to-earnings-growth ratio of 2.16 and a beta of 0.50. KBR has a one year low of $36.33 and a one year high of $56.78. The company has a fifty day moving average price of $41.99 and a 200-day moving average price of $43.47. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.22 and a quick ratio of 1.22.

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

KBR Announces Dividend

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

Institutional Investors Weigh In On KBR

A number of large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its holdings in shares of KBR by 11.2% in the 1st quarter. Royal Bank of Canada now owns 81,779 shares of the construction company’s stock worth $4,073,000 after purchasing an additional 8,243 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of KBR by 50.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 627,321 shares of the construction company’s stock valued at $31,247,000 after buying an additional 211,311 shares in the last quarter. Empowered Funds LLC bought a new stake in KBR in the 1st quarter worth approximately $349,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in KBR by 6.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 395,574 shares of the construction company’s stock worth $19,704,000 after buying an additional 23,738 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in KBR by 4.2% in the second quarter. Envestnet Asset Management Inc. now owns 58,859 shares of the construction company’s stock worth $2,822,000 after buying an additional 2,376 shares in the last quarter. 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.