KBR, Inc. (KBR) Rating Lowered to Hold at ValuEngine

KBR, Inc. (NYSE:KBR) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a report released on Tuesday.

Several other equities analysts have also recently commented on the stock. Credit Suisse Group increased their price target on shares of KBR from $19.00 to $22.00 and gave the stock an “outperform” rating in a research report on Thursday, November 2nd. TheStreet raised shares of KBR from a “c” rating to a “b-” rating in a research report on Tuesday, October 31st. DA Davidson cut shares of KBR from a “buy” rating to a “neutral” rating and set a $22.00 price target on the stock. in a research report on Wednesday, November 1st. Citigroup Inc. increased their price target on shares of KBR from $17.00 to $20.00 and gave the stock a “neutral” rating in a research report on Friday, October 27th. Finally, Zacks Investment Research raised shares of KBR from a “hold” rating to a “strong-buy” rating and set a $22.00 price target on the stock in a research report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $20.88.

KBR (KBR) opened at $18.07 on Tuesday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.30 and a quick ratio of 1.30. The firm has a market cap of $2,468.20, a PE ratio of 30.38, a price-to-earnings-growth ratio of 1.34 and a beta of 1.07. KBR has a 12-month low of $13.36 and a 12-month high of $21.25.

KBR (NYSE:KBR) last posted its quarterly earnings data on Tuesday, October 31st. The construction company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.05. The company had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $1.05 billion. KBR had a net margin of 1.63% and a return on equity of 10.22%. The firm’s revenue for the quarter was down 3.6% on a year-over-year basis. During the same period in the prior year, the company posted ($0.44) EPS. equities research analysts predict that KBR will post 1.46 earnings per share for the current year.

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A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. FMR LLC raised its stake in KBR by 47.9% during the second quarter. FMR LLC now owns 21,472,623 shares of the construction company’s stock worth $326,814,000 after acquiring an additional 6,956,217 shares during the period. BlackRock Inc. raised its stake in KBR by 12.6% during the second quarter. BlackRock Inc. now owns 15,451,221 shares of the construction company’s stock worth $235,167,000 after acquiring an additional 1,726,589 shares during the period. Vanguard Group Inc. raised its stake in KBR by 2.9% during the second quarter. Vanguard Group Inc. now owns 11,856,863 shares of the construction company’s stock worth $180,461,000 after acquiring an additional 334,896 shares during the period. Huber Capital Management LLC raised its stake in KBR by 0.7% during the second quarter. Huber Capital Management LLC now owns 8,330,385 shares of the construction company’s stock worth $126,788,000 after acquiring an additional 61,300 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in KBR by 0.5% during the third quarter. Dimensional Fund Advisors LP now owns 4,890,996 shares of the construction company’s stock worth $87,452,000 after acquiring an additional 24,652 shares during the period. Hedge funds and other institutional investors own 99.73% of the company’s stock.

KBR Company Profile

KBR, Inc is a provider of professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries. The Company operates through business segments, including Technology & Consulting (T&C), Engineering & Construction (E&C), Government Services (GS), Non-strategic Business and Other.

Analyst Recommendations for KBR (NYSE:KBR)

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