According to Bloomberg Ratings, all eight brokerage firms that cover KBR, Inc. (NYSE: KBR) have given its shares a unanimous “Buy” recommendation on their stock. A total of four separate financial analysts have each provided their opinion that investors should buy the stock in question. The average price objective for the next year that brokers who have updated their stock coverage in the previous year have set for the stock is $63.25. There have been several different stock analysts that have each provided their perspective on the company’s stock. In a research note published on August 3, Credit Suisse Group stated that they had maintained a “outperform” rating on shares of KBR even though they had raised their price objective for the company’s stock from $60.00 to $63.00. StockNews.com altered its rating on shares of KBR from “hold” to “buy” after publishing a research report on Tuesday, August 16. This move reflected the website’s more bullish stance on the company’s stock. According to a research report distributed by Citigroup on Friday, July 22, the financial services firm announced that it had reduced its price objective on shares of KBR from $65.00 to $60.00.
Finally, in a research note released on Tuesday, August 2, TheStreet upped its previous rating of “c” for shares of KBR to a “b” rating. On Monday, the price of a share of KBR was $48.68 when trading began. The company’s financial ratios are identical, including its debt-to-equity ratio of 1.09, its quick ratio of 1.26, and its current ratio of 1.26. The company has a price-to-earnings ratio of 51.79, and its beta value is 1.25. The corporation currently has a market valuation of 6.79 billion dollars. The price of a share of KBR has ranged from a high of $56.94 to a low of $36.98 over the past year. The price of a share of the company’s stock is presently trading at $50.00, the same as the moving average for the last 50 days and the past 200 days. KBR (NYSE: KBR) presented its most recent quarterly results report on August 2, 2018, a Tuesday. The construction company reported quarterly earnings per share of $0.76, which was $0.11 more than the consensus estimate of $0.65 EPS. The results were reported for the quarter. The company’s quarterly revenues came in at $1.62 billion, which is lower than the average prediction made by industry analysts, which was for $1.64 billion to be earned by the company. KBR had a return on equity of 25.02 percent, while the company’s net margin came in at 1.90 percent. Compared to the figures for the same period in the previous year, the company’s quarterly revenue growth was 5.2%.
Compared to the previous year’s results for the same quarter, the current year’s earnings per share for the corporation were $0.58. Research professionals expect KBR to create an average profit per share (EPS) of 2.62 for the current fiscal year. This figure is derived from the company’s historical performance. In addition, the company just announced the payment of a quarterly dividend, which will take place on October 14. Those qualified to receive the $0.12 dividend per share and possessed shares as of September 15 will get the dividend payment. Assuming that the dividend yield will be 0.90 percent per year translates to a dividend payment of $0.48 per share. September 14, a Wednesday, is the last day dividends will be paid out before they are discontinued. KBR’s dividend payout ratio (also known as DPR) now stands at 51.06% today. According to information provided by KBR, on August 8, KBR insider Andrew Barrie sold 3,111 shares of the company’s stock. KBR provided this information. A loss of $159,749.85 was incurred due to the sale of the shares. This loss was estimated based on the weighted average price of each share, which was $51.35. When the transaction is finalized, the corporate insider will be in control of 8,327 shares of the company’s stock, which have a value of around 427,591.45 dollars. The notification of the sale was provided to the Securities and Exchange Commission in the form of a document, which can be accessed using this URL at your convenience.
According to the news that was linked to in the previous sentence, on Monday, August 8, business insider Andrew Barrie sold 3,111 shares of KBR stock. When the shares were sold, a total of $159,749.85 was generated since they were sold at an average price of $51.35. When the transaction is finalized, the corporate insider will be in control of 8,327 shares of the company’s stock, which have a value of around 427,591.45 dollars. One can access a document on the SEC website containing specifics regarding the transaction that were filed with them. This document can be found on the website of the SEC. Additionally, KBR insider Gregory Sean Conlon sold 14,564 shares of the company’s stock on Friday, August 19. A total loss of $758,638.76 was incurred due to selling the shares, comparable to those purchased at an average price of $52.09. After the transaction is finalized, the insider will become the owner of 50,399 shares. Based on the current stock price, these shares are estimated to be worth roughly $2,625,283.91. Simply clicking on this link will take you to further information about the disclaimer associated with this sale. During the most recent quarter of the business’s fiscal year, company insiders sold 23,675 company stocks with a total value of $1,229,309. The corporation’s current and former employees possess 0.91% of the company’s total shares. Several hedge funds and institutional investors recently shifted how they held the company within their investment portfolios in response to recent market events.
During the first three months of this year, the Arrowstreet Capital Limited Partnership increased the percentage of KBR shares it owned by a whopping 9,478.0%. After making further purchases totaling 1,289,765 shares within the relevant period, Arrowstreet Capital Limited Partnership now directly owns 1,303,373 shares of the construction company’s stock, which have a value of $71,334,000. These shares were acquired during the period in question. During the first three months of the year, Sumitomo Mitsui Trust Holdings Inc. increased the proportion of KBR in which it holds investments by 251.1%. Sumitomo Mitsui Trust Holdings Inc. is currently the owner of 1,332,807 shares, which collectively have a value of $72,945,000. The organization recently purchased an additional 953,223 shares in the building company. To acquire a new stake in KBR during the second quarter, Jennison Associates LLC forked over $40,373,000. Snyder Capital Management L.P. amounted to a 28.2 percent increase in the amount of KBR stock owned by the company during the fourth quarter. Snyder Capital Management L.P., after making further purchases of 527,443 shares over the month, now has a total of 2,395,173 shares of the construction company’s stock in its possession. The current price of the stock is determined to be 114,058,000 dollars. Assenagon Asset Management S.A. comes in last, but certainly not least. has seen a 1,212.3% increase in the size of its holdings in KBR since the beginning of this year. Asset Management Assenagon S.A. is our company name. is the name of our company. controls a total of 484,552 shares of stock in the building company, raising his total number of shares to a total value of $26,520,000. These shares were acquired by purchasing an additional 447,628 shares of stock.