Shares of KBR, Inc. (NYSE:KBR – Get Rating) have earned a consensus recommendation of "Moderate Buy" from the nine ratings firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $63.33.

A number of equities research analysts recently weighed in on the company. Credit Suisse Group increased their price target on KBR from $63.00 to $65.00 and gave the company an "outperform" rating in a research note on Thursday, October 27th. Bank of America restated a "buy" rating and issued a $65.00 price target on shares of KBR in a research note on Friday, December 2nd. StockNews.com cut KBR from a "buy" rating to a "hold" rating in a research note on Friday, December 16th. Finally, DA Davidson decreased their price objective on KBR to $60.00 in a report on Thursday, October 27th.

Insider Transactions at KBR

In other news, EVP Jennifer Myles sold 1,449 shares of the stock in a transaction on Friday, December 16th. The stock was sold at an average price of $50.36, for a total transaction of $72,971.64. Following the sale, the executive vice president now directly owns 49,236 shares of the company's stock, valued at approximately $2,479,524.96. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, insider Douglas Nick Kelly sold 3,456 shares of the stock in a transaction on Monday, November 28th. The stock was sold at an average price of $51.35, for a total transaction of $177,465.60. Following the sale, the insider now directly owns 31,638 shares of the company's stock, valued at approximately $1,624,611.30. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Jennifer Myles sold 1,449 shares of the stock in a transaction on Friday, December 16th. The stock was sold at an average price of $50.36, for a total value of $72,971.64. Following the sale, the executive vice president now directly owns 49,236 shares in the company, valued at $2,479,524.96. The disclosure for this sale can be found here. 0.91% of the stock is currently owned by insiders.

Institutional Trading of KBR

KBR Trading Up 0.2 %

Shares of KBR stock opened at $51.20 on Wednesday. KBR has a 12-month low of $41.77 and a 12-month high of $56.94. The stock has a market cap of $7.02 billion, a P/E ratio of 48.76 and a beta of 1.26. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 1.10. The business's 50 day moving average is $49.91 and its 200-day moving average is $49.09.

KBR (NYSE:KBR – Get Rating) last posted its quarterly earnings results on Wednesday, October 26th. The construction company reported $0.65 earnings per share for the quarter, beating analysts' consensus estimates of $0.63 by $0.02. KBR had a return on equity of 25.09% and a net margin of 2.21%. The business had revenue of $1.63 billion for the quarter, compared to analysts' expectations of $1.64 billion. Equities research analysts predict that KBR will post 2.63 earnings per share for the current fiscal year.

KBR Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 13th. Shareholders of record on Thursday, December 15th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date is Wednesday, December 14th. KBR's dividend payout ratio is 45.71%.

KBR Company Profile

(Get Rating)

KBR, Inc provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. The company 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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