KBR (NYSE:KBR) Stock Rating Lowered by Zacks Research

KBR (NYSE:KBR) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Thursday,Zacks.com reports.

KBR has been the subject of several other reports. Oppenheimer started coverage on shares of KBR in a research report on Tuesday, December 2nd. They issued an “outperform” rating and a $60.00 price objective for the company. Truist Financial decreased their price target on shares of KBR from $62.00 to $50.00 and set a “buy” rating for the company in a report on Friday, December 19th. Bank of America lowered their price target on KBR from $55.00 to $45.00 and set a “neutral” rating for the company in a research report on Thursday, November 13th. Weiss Ratings upgraded KBR from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday. Finally, Wall Street Zen lowered KBR from a “buy” rating to a “hold” rating in a research note on Sunday, March 1st. Five equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $57.00.

KBR Trading Down 0.4%

Shares of NYSE KBR opened at $36.64 on Thursday. The stock has a market capitalization of $4.63 billion, a P/E ratio of 11.41, a PEG ratio of 2.17 and a beta of 0.50. KBR has a 1-year low of $36.35 and a 1-year high of $56.78. The business’s 50 day moving average is $42.12 and its two-hundred day moving average is $43.69. 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 issued its quarterly earnings results on Thursday, February 26th. The construction company reported $0.99 earnings per share (EPS) 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 company had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same period last year, the company earned $0.91 earnings per share. KBR’s revenue was down 10.6% on a year-over-year basis. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. As a group, research analysts expect that KBR will post 3.26 EPS for the current year.

Institutional Trading of KBR

Hedge funds have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its holdings in shares of KBR by 89.8% during the fourth quarter. Farther Finance Advisors LLC now owns 611 shares of the construction company’s stock worth $25,000 after purchasing an additional 289 shares during the last quarter. Hantz Financial Services Inc. boosted its holdings in shares of KBR by 207.8% in the third quarter. Hantz Financial Services Inc. now owns 594 shares of the construction company’s stock valued at $28,000 after acquiring an additional 401 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in shares of KBR by 432.5% in the second quarter. EverSource Wealth Advisors LLC now owns 607 shares of the construction company’s stock valued at $29,000 after acquiring an additional 493 shares during the period. FNY Investment Advisers LLC purchased a new position in shares of KBR during the third quarter worth approximately $32,000. Finally, Caitong International Asset Management Co. Ltd increased its holdings in shares of KBR by 101,600.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,017 shares of the construction company’s stock valued at $48,000 after acquiring an additional 1,016 shares during the period. Institutional investors and hedge funds own 97.02% of the company’s stock.

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.