KBR’s (KBR) “Hold (C-)” Rating Reaffirmed at Weiss Ratings

KBR (NYSE:KBR)‘s stock had its “hold (c-)” rating reiterated by analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Several other equities research analysts also recently commented on KBR. Bank of America downgraded shares of KBR from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $70.00 to $55.00 in a research report on Wednesday, August 13th. Wall Street Zen raised shares of KBR from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. UBS Group downgraded shares of KBR from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $66.00 to $54.00 in a research report on Wednesday, July 2nd. Stifel Nicolaus boosted their target price on shares of KBR from $78.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Finally, KeyCorp downgraded shares of KBR from an “overweight” rating to a “sector weight” rating in a research report on Monday, June 23rd. Four equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $62.78.

KBR Stock Performance

Shares of KBR stock opened at $46.87 on Wednesday. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.73. KBR has a twelve month low of $43.89 and a twelve month high of $72.60. The stock has a market cap of $6.04 billion, a price-to-earnings ratio of 16.98, a P/E/G ratio of 0.93 and a beta of 0.68. The company’s fifty day moving average is $49.06 and its 200 day moving average is $50.06.

KBR (NYSE:KBR) last released its earnings results on Thursday, July 31st. The construction company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.03. The business had revenue of $1.95 billion for the quarter, compared to analyst estimates of $2.10 billion. KBR had a net margin of 4.52% and a return on equity of 33.65%. KBR’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.83 earnings per share. KBR has set its FY 2025 guidance at 3.780-3.88 EPS. Sell-side analysts forecast that KBR will post 3.26 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC grew its holdings in KBR by 295.5% during the 1st quarter. GAMMA Investing LLC now owns 795 shares of the construction company’s stock worth $40,000 after acquiring an additional 594 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of KBR by 0.4% during the first quarter. Principal Financial Group Inc. now owns 307,121 shares of the construction company’s stock valued at $15,298,000 after buying an additional 1,343 shares during the last quarter. Cerity Partners LLC lifted its position in shares of KBR by 697.0% during the first quarter. Cerity Partners LLC now owns 27,314 shares of the construction company’s stock valued at $1,361,000 after buying an additional 23,887 shares during the last quarter. KBC Group NV lifted its position in shares of KBR by 4.8% during the first quarter. KBC Group NV now owns 5,703 shares of the construction company’s stock valued at $284,000 after buying an additional 260 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of KBR by 22.1% during the first quarter. Cetera Investment Advisers now owns 8,453 shares of the construction company’s stock valued at $421,000 after buying an additional 1,531 shares during the last quarter. 97.02% of the stock is currently owned by institutional investors.

KBR Company Profile

KBR, Inc provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. It operates through Government Solutions and Sustainable Technology Solutions segments. The Government Solutions segment offers life-cycle support solutions to defense, intelligence, space, aviation, and other programs and missions for military and other government agencies in the United States, the United Kingdom, and Australia.