KBR (NYSE:KBR) posted its quarterly earnings data on Sunday. The construction company reported $0.51 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.48 by $0.03, MarketWatch Earnings reports. KBR had a negative net margin of 0.57% and a positive return on equity of 13.98%. The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same period last year, the company earned $0.46 earnings per share. The firm’s revenue was up 1.0% compared to the same quarter last year.
Shares of KBR stock traded down $0.33 during trading on Tuesday, reaching $31.67. The company’s stock had a trading volume of 34,709 shares, compared to its average volume of 1,264,620. The business’s 50-day moving average price is $31.02 and its 200-day moving average price is $26.88. The firm has a market cap of $4.51 billion, a PE ratio of -125.92 and a beta of 1.39. KBR has a 52 week low of $12.00 and a 52 week high of $32.44. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.77.
KBR has been the subject of several analyst reports. UBS Group raised their target price on shares of KBR from $28.00 to $35.00 and gave the company a “buy” rating in a research note on Friday, December 18th. DA Davidson cut shares of KBR from a “buy” rating to a “neutral” rating and set a $30.00 target price for the company. in a research note on Thursday, February 4th. Cowen reissued a “buy” rating and issued a $29.00 target price on shares of KBR in a research note on Thursday, December 3rd. Smith Barney Citigroup raised their target price on shares of KBR from $28.00 to $30.00 in a research note on Tuesday, October 27th. Finally, Credit Suisse Group raised their target price on shares of KBR from $36.00 to $38.00 and gave the company an “outperform” rating in a research note on Tuesday. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $32.69.
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 Solutions, Technology Solutions, and Energy Solutions. The Government Solutions segment offers life-cycle support solutions to defense, space, aviation, and other programs and missions for military and other government agencies in the United States, the United Kingdom, and Australia.
Further Reading: Diluted Earnings Per Share
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