KBR (NYSE:KBR) posted its earnings results on Friday. The construction company reported $0.28 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by ($0.02), Bloomberg Earnings reports. KBR had a net margin of 1.63% and a return on equity of 10.22%. The company had revenue of $930.00 million during the quarter, compared to analyst estimates of $1.01 billion. During the same quarter last year, the business posted ($0.59) EPS. The firm’s revenue for the quarter was down 21.8% on a year-over-year basis. KBR updated its FY18 guidance to $1.35-1.45 EPS.
KBR (KBR) opened at $15.01 on Friday. The company has a market cap of $2,102.60, a price-to-earnings ratio of 4.91, a price-to-earnings-growth ratio of 1.25 and a beta of 1.03. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.30 and a quick ratio of 1.30. KBR has a 12 month low of $13.36 and a 12 month high of $21.69.
The firm also recently declared a quarterly dividend, which will be paid on Friday, April 13th. Shareholders of record on Thursday, March 15th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $0.32 annualized dividend and a dividend yield of 2.13%. KBR’s dividend payout ratio (DPR) is 10.46%.
Large investors have recently bought and sold shares of the business. Engine Capital Management LLC grew its stake in shares of KBR by 195.2% in the third quarter. Engine Capital Management LLC now owns 1,149,672 shares of the construction company’s stock worth $20,556,000 after acquiring an additional 760,184 shares in the last quarter. Chicago Equity Partners LLC acquired a new position in shares of KBR in the fourth quarter worth $4,642,000. Peregrine Capital Management LLC grew its stake in shares of KBR by 2.1% in the third quarter. Peregrine Capital Management LLC now owns 452,945 shares of the construction company’s stock worth $8,099,000 after acquiring an additional 9,174 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new position in shares of KBR in the third quarter worth $699,000. Finally, SG Americas Securities LLC grew its stake in shares of KBR by 937.6% in the third quarter. SG Americas Securities LLC now owns 128,872 shares of the construction company’s stock worth $2,304,000 after acquiring an additional 116,452 shares in the last quarter.
Several research firms recently weighed in on KBR. ValuEngine upgraded shares of KBR from a “hold” rating to a “buy” rating in a report on Monday, November 6th. Zacks Investment Research downgraded shares of KBR from a “buy” rating to a “hold” rating in a report on Thursday, February 1st. Credit Suisse Group lifted their target price on shares of KBR from $19.00 to $22.00 and gave the company an “outperform” rating in a report on Thursday, November 2nd. DA Davidson downgraded shares of KBR from a “buy” rating to a “neutral” rating and set a $22.00 target price for the company. in a report on Wednesday, November 1st. Finally, TheStreet upgraded shares of KBR from a “c” rating to a “b-” rating in a report on Tuesday, October 31st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company. KBR currently has a consensus rating of “Buy” and a consensus target price of $21.43.
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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.
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