KBR (NYSE:KBR) Releases Earnings Results, Beats Expectations By $0.08 EPS

KBR (NYSE:KBR) issued its earnings results on Monday. The construction company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.08, Zacks reports. KBR had a return on equity of 28.87% and a net margin of 4.35%.

KBR Price Performance

Shares of KBR traded up $1.12 on Monday, hitting $50.26. The company’s stock had a trading volume of 6,195,018 shares, compared to its average volume of 1,473,678. The company has a 50 day moving average price of $56.16 and a 200 day moving average price of $61.90. KBR has a fifty-two week low of $47.55 and a fifty-two week high of $72.60. The company has a market capitalization of $6.70 billion, a PE ratio of 21.12, a PEG ratio of 0.86 and a beta of 0.83. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.07 and a quick ratio of 1.07.

KBR Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be paid a $0.165 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.31%. This is a boost from KBR’s previous quarterly dividend of $0.15. KBR’s payout ratio is 27.73%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on KBR shares. UBS Group boosted their price target on shares of KBR from $77.00 to $78.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. DA Davidson reissued a “buy” rating and issued a $84.00 price target on shares of KBR in a research report on Tuesday, November 19th. TD Cowen cut their price target on shares of KBR from $72.00 to $64.00 and set a “hold” rating for the company in a research note on Wednesday, January 8th. KeyCorp lowered their price objective on KBR from $78.00 to $70.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. Finally, Citigroup cut their target price on KBR from $82.00 to $76.00 and set a “buy” rating for the company in a research report on Wednesday, January 29th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $78.00.

KBR Company Profile

KBR, Inc provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. It operates through Government Solutions and Sustainable Technology Solutions segments. The Government Solutions segment offers life-cycle support solutions to defense, intelligence, space, aviation, and other programs and missions for military and other government agencies in the United States, the United Kingdom, and Australia.