KBR, Inc. (NYSE:KBR – Get Free Report) insider Jalal Ibrahim sold 35,000 shares of KBR stock in a transaction on Monday, August 19th. The shares were sold at an average price of $66.56, for a total transaction of $2,329,600.00. Following the completion of the transaction, the insider now owns 106,550 shares in the company, valued at $7,091,968. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
KBR Stock Up 0.7 %
Shares of NYSE:KBR opened at $66.74 on Thursday. The company has a market cap of $8.96 billion, a price-to-earnings ratio of -34.76, a PEG ratio of 1.36 and a beta of 0.90. The firm’s 50-day simple moving average is $65.00 and its 200-day simple moving average is $63.20. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.35. KBR, Inc. has a fifty-two week low of $49.37 and a fifty-two week high of $69.37.
KBR (NYSE:KBR – Get Free Report) last released its quarterly earnings data on Wednesday, July 24th. The construction company reported $0.83 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.04. The firm had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.88 billion. KBR had a net margin of 2.77% and a return on equity of 27.92%. As a group, equities research analysts predict that KBR, Inc. will post 3.24 earnings per share for the current year.
Institutional Trading of KBR
Analysts Set New Price Targets
KBR has been the topic of a number of recent research reports. DA Davidson restated a “buy” rating and issued a $78.00 price objective on shares of KBR in a research note on Tuesday, June 25th. UBS Group lifted their price objective on shares of KBR from $68.00 to $77.00 and gave the company a “buy” rating in a research note on Tuesday, May 14th. Stifel Nicolaus lifted their price objective on shares of KBR from $83.00 to $84.00 and gave the company a “buy” rating in a research note on Thursday, May 9th. Finally, StockNews.com downgraded shares of KBR from a “strong-buy” rating to a “buy” rating in a report on Monday, August 12th. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $76.00.
Read Our Latest Research Report on KBR
About KBR
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.
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