KBR (NYSE:KBR) Rating Lowered to “Strong Sell” at Zacks Research

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

KBR has been the subject of several other reports. Weiss Ratings upgraded shares of KBR from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday. Wells Fargo & Company started coverage on shares of KBR in a research report on Thursday, November 13th. They set an “equal weight” rating and a $45.00 target price on the stock. 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 target on the stock. Truist Financial lowered their target price on KBR from $62.00 to $50.00 and set a “buy” rating on the stock in a report on Friday, December 19th. Finally, Wall Street Zen lowered KBR from a “buy” rating to a “hold” rating in a report on Sunday, March 1st. Five investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, KBR has an average rating of “Hold” and an average price target of $57.00.

KBR Price Performance

NYSE KBR opened at $36.64 on Thursday. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.22 and a current ratio of 1.22. The stock has a market capitalization of $4.63 billion, a P/E ratio of 11.41, a P/E/G ratio of 2.17 and a beta of 0.50. The business’s fifty day moving average is $42.12 and its two-hundred day moving average is $43.69. KBR has a 1 year low of $36.35 and a 1 year high of $56.78.

KBR (NYSE:KBR) last announced its earnings results on Thursday, February 26th. The construction company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.95 by $0.04. KBR had a return on equity of 35.22% and a net margin of 5.30%.The business had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same period in the prior year, the business posted $0.91 earnings per share. KBR’s revenue was down 10.6% compared to the same quarter last year. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. On average, research analysts forecast that KBR will post 3.26 earnings per share for the current fiscal year.

Institutional Investors Weigh In On KBR

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada grew its position in shares of KBR by 11.2% during the 1st quarter. Royal Bank of Canada now owns 81,779 shares of the construction company’s stock worth $4,073,000 after buying an additional 8,243 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of KBR by 50.8% in the first quarter. Goldman Sachs Group Inc. now owns 627,321 shares of the construction company’s stock worth $31,247,000 after acquiring an additional 211,311 shares in the last quarter. Empowered Funds LLC bought a new stake in shares of KBR during the first quarter worth $349,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in KBR by 6.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 395,574 shares of the construction company’s stock worth $19,704,000 after purchasing an additional 23,738 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in KBR by 4.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 58,859 shares of the construction company’s stock worth $2,822,000 after buying an additional 2,376 shares in the last quarter. Institutional investors 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.