KBR (KBR) to Release Earnings on Monday

KBR (NYSE:KBR) is projected to release its earnings data after the market closes on Monday, February 24th. Analysts expect KBR to post earnings of $0.83 per share and revenue of $2.00 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

KBR Stock Down 3.3 %

KBR stock opened at $49.08 on Friday. The stock’s fifty day simple moving average is $56.16 and its two-hundred day simple moving average is $61.92. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.69. KBR has a 1-year low of $48.66 and a 1-year high of $72.60. The stock has a market cap of $6.54 billion, a P/E ratio of 20.62, a P/E/G ratio of 0.87 and a beta of 0.83.

KBR Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Friday, March 14th will be given a $0.165 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.66 annualized dividend and a yield of 1.34%. This is a boost from KBR’s previous quarterly dividend of $0.15. KBR’s payout ratio is currently 25.21%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. TD Cowen dropped their price target on KBR from $72.00 to $64.00 and set a “hold” rating on the stock in a research report on Wednesday, January 8th. KeyCorp dropped their price target on KBR from $78.00 to $70.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 8th. DA Davidson reaffirmed a “buy” rating and set a $84.00 price target on shares of KBR in a research report on Tuesday, November 19th. Citigroup dropped their price target on KBR from $82.00 to $76.00 and set a “buy” rating on the stock in a research report on Wednesday, January 29th. Finally, UBS Group upped their price target on KBR from $77.00 to $78.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average 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.