Wall Street brokerages expect KBR, Inc. (NYSE:KBR) to announce earnings of $0.37 per share for the current quarter, according to Zacks. Three analysts have made estimates for KBR’s earnings, with the lowest EPS estimate coming in at $0.34 and the highest estimate coming in at $0.42. KBR posted earnings of $0.28 per share during the same quarter last year, which indicates a positive year over year growth rate of 32.1%. The business is scheduled to issue its next earnings report on Friday, February 22nd.
According to Zacks, analysts expect that KBR will report full-year earnings of $1.52 per share for the current financial year, with EPS estimates ranging from $1.50 to $1.56. For the next year, analysts expect that the business will post earnings of $1.59 per share, with EPS estimates ranging from $1.45 to $1.72. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research firms that that provide coverage for KBR.
Get KBR alerts:
Several brokerages recently commented on KBR. Cowen reiterated a “hold” rating and set a $20.00 price target on shares of KBR in a report on Wednesday. Zacks Investment Research downgraded shares of KBR from a “hold” rating to a “sell” rating in a report on Wednesday. ValuEngine upgraded shares of KBR from a “sell” rating to a “hold” rating in a report on Monday, February 4th. KeyCorp set a $24.00 price target on shares of KBR and gave the company a “buy” rating in a report on Tuesday, January 29th. Finally, Deutsche Bank downgraded shares of KBR from a “buy” rating to a “hold” rating in a research note on Friday, January 25th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $22.45.
Hedge funds have recently modified their holdings of the business. PEAK6 Investments LLC bought a new position in KBR in the 3rd quarter worth about $211,000. Meeder Asset Management Inc. boosted its stake in shares of KBR by 333.2% during the fourth quarter. Meeder Asset Management Inc. now owns 10,505 shares of the construction company’s stock valued at $161,000 after purchasing an additional 8,080 shares in the last quarter. Trilogy Capital Inc. bought a new position in shares of KBR during the third quarter valued at approximately $234,000. Tower Research Capital LLC TRC boosted its stake in shares of KBR by 218.5% during the third quarter. Tower Research Capital LLC TRC now owns 12,821 shares of the construction company’s stock valued at $271,000 after purchasing an additional 8,795 shares in the last quarter. Finally, First Hawaiian Bank bought a new position in shares of KBR during the third quarter valued at approximately $311,000. Institutional investors and hedge funds own 97.74% of the company’s stock.
NYSE:KBR traded up $0.19 during mid-day trading on Friday, hitting $17.42. 1,515,408 shares of the stock traded hands, compared to its average volume of 1,479,749. The company has a market capitalization of $2.43 billion, a price-to-earnings ratio of 11.69, a PEG ratio of 1.29 and a beta of 1.32. KBR has a 52 week low of $13.90 and a 52 week high of $22.22. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.69.
KBR, Inc provides professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries worldwide. The company operates through three segments: Government Services, Technology & Consulting, and Engineering & Construction. The Government Services segment offers life-cycle support solutions to defense, space, aviation, and other programs and missions for government agencies in the United States, the United Kingdom, and Australia.
Further Reading: What is the Rule of 72?
Get a free copy of the Zacks research report on KBR (KBR)
For more information about research offerings from Zacks Investment Research, visit Zacks.com