KBR (NYSE:KBR) Hits New 52-Week Low – What’s Next?

KBR, Inc. (NYSE:KBR)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as $36.09 and last traded at $35.95, with a volume of 455848 shares trading hands. The stock had previously closed at $37.00.

Analysts Set New Price Targets

Several analysts recently commented on KBR shares. Truist Financial lowered their target price on KBR from $62.00 to $50.00 and set a “buy” rating on the stock in a research report on Friday, December 19th. Oppenheimer began coverage on KBR in a research report on Tuesday, December 2nd. They set an “outperform” rating and a $60.00 price target for the company. Zacks Research cut KBR from a “hold” rating to a “strong sell” rating in a research note on Thursday, March 12th. Wall Street Zen cut shares of KBR from a “buy” rating to a “hold” rating in a research note on Sunday, March 1st. Finally, Citigroup reduced 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. Five research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, KBR has an average rating of “Hold” and an average price target of $57.00.

KBR Stock Performance

The stock has a market cap of $4.74 billion, a P/E ratio of 11.68, a PEG ratio of 2.11 and a beta of 0.50. The company has a fifty day moving average of $40.48 and a 200 day moving average of $42.50. 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:KBR) last released its earnings results on Thursday, February 26th. The construction company reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.04. KBR had a return on equity of 35.22% and a net margin of 5.30%.The firm had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same period in the prior year, the firm posted $0.91 earnings per share. The firm’s revenue for the quarter 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, equities analysts predict that KBR, Inc. will post 3.26 earnings per share for the current fiscal year.

KBR Dividend Announcement

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

Institutional Investors Weigh In On KBR

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Royal Bank of Canada lifted its holdings in KBR by 11.2% in the 1st quarter. Royal Bank of Canada now owns 81,779 shares of the construction company’s stock valued at $4,073,000 after acquiring an additional 8,243 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of KBR by 50.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 627,321 shares of the construction company’s stock worth $31,247,000 after purchasing an additional 211,311 shares during the last quarter. Empowered Funds LLC bought a new stake in shares of KBR in the 1st quarter worth approximately $349,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in KBR by 6.4% during 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 during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in KBR by 11.6% during the second quarter. JPMorgan Chase & Co. now owns 610,834 shares of the construction company’s stock valued at $29,283,000 after purchasing an additional 63,296 shares during the last quarter. 97.02% of the stock is currently owned by institutional investors.

KBR Company Profile

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.