KBR (NYSE:KBR) Sets New 52-Week Low – Here’s Why

KBR, Inc. (NYSE:KBRGet Free Report) shares reached a new 52-week low on Thursday . The stock traded as low as $36.26 and last traded at $36.4050, with a volume of 60785 shares traded. The stock had previously closed at $36.53.

Key KBR News

Here are the key news stories impacting KBR this week:

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Truist Financial lowered their price target on KBR from $62.00 to $50.00 and set a “buy” rating on the stock in a report on Friday, December 19th. Citigroup decreased their price objective on shares of KBR from $57.00 to $53.00 and set a “buy” rating for the company in a report on Monday, January 26th. Oppenheimer initiated coverage on shares of KBR in a research note on Tuesday, December 2nd. They issued an “outperform” rating and a $60.00 target price on the stock. Zacks Research downgraded shares of KBR from a “hold” rating to a “strong sell” rating in a report on Thursday, March 12th. Finally, Weiss Ratings raised shares of KBR from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, March 11th. Five research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, KBR currently has a consensus rating of “Hold” and a consensus price target of $57.00.

View Our Latest Research Report on KBR

KBR Stock Performance

The firm’s 50 day moving average price is $41.48 and its 200-day moving average price is $43.20. The firm has a market cap of $4.72 billion, a price-to-earnings ratio of 11.62, a P/E/G ratio of 2.18 and a beta of 0.50. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.22 and a quick ratio of 1.22.

KBR (NYSE:KBRGet Free Report) last released its earnings results on Thursday, February 26th. The construction company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.95 by $0.04. KBR had a net margin of 5.30% and a return on equity of 35.22%. The firm had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $1.91 billion. During the same period in the prior year, the company earned $0.91 EPS. The business’s quarterly revenue was down 10.6% compared to the same quarter last year. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, analysts anticipate that KBR, Inc. will post 3.26 earnings per share for the current year.

KBR Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 13th will be given a dividend of $0.165 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.8%. KBR’s dividend payout ratio is currently 20.56%.

Hedge Funds Weigh In On KBR

Several institutional investors and hedge funds have recently added to or reduced their stakes in KBR. Royal Bank of Canada lifted its position in shares of KBR by 11.2% in the 1st quarter. Royal Bank of Canada now owns 81,779 shares of the construction company’s stock worth $4,073,000 after acquiring an additional 8,243 shares during the period. Goldman Sachs Group Inc. increased its position in shares of KBR by 50.8% during the first quarter. Goldman Sachs Group Inc. now owns 627,321 shares of the construction company’s stock valued at $31,247,000 after purchasing an additional 211,311 shares during the period. Empowered Funds LLC acquired a new position in shares of KBR in the first quarter valued at $349,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of KBR by 6.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 395,574 shares of the construction company’s stock valued at $19,704,000 after purchasing an additional 23,738 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of KBR by 4.7% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 33,333 shares of the construction company’s stock valued at $1,598,000 after purchasing an additional 1,483 shares in the last quarter. 97.02% of the stock is currently owned by institutional investors.

KBR Company Profile

(Get Free Report)

KBR, Inc is a global engineering, procurement, construction and services (EPC&S) company headquartered in Houston, Texas. The firm delivers integrated solutions and technologies across the full project lifecycle for customers in the energy, government, industrial and infrastructure sectors. Its offerings span feasibility studies, front-end engineering design, detailed design, procurement, fabrication, construction, commissioning and operations support.

The company is organized into business segments that include Energy Solutions, which focuses on oil and gas processing, liquefied natural gas (LNG) facilities and petrochemical plants; Government Solutions, providing logistics, sustainment, training and mission support for defense, intelligence and civilian agencies; and Sustainable Technology, delivering chemical process technologies, water treatment and lower-carbon fuels expertise.

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