KBR (NYSE:KBR) Hits New 12-Month Low – Here’s Why

KBR, Inc. (NYSE:KBR)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $39.39 and last traded at $40.4920, with a volume of 160423 shares trading hands. The stock had previously closed at $40.81.

Analysts Set New Price Targets

KBR has been the topic of a number of research reports. Truist Financial reduced their target price on shares of KBR from $62.00 to $50.00 and set a “buy” rating on the stock in a report on Friday, December 19th. Wall Street Zen raised KBR from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Bank of America lowered their price objective on KBR from $55.00 to $45.00 and set a “neutral” rating for the company in a research note on Thursday, November 13th. Wells Fargo & Company started coverage on KBR in a report on Thursday, November 13th. They set an “equal weight” rating and a $45.00 price target on the stock. Finally, Weiss Ratings raised shares of KBR from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, February 10th. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $57.00.

KBR Price Performance

The stock’s 50 day moving average price is $42.32 and its 200-day moving average price is $44.51. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.74. The stock has a market capitalization of $5.31 billion, a PE ratio of 14.37, a price-to-earnings-growth ratio of 1.00 and a beta of 0.51.

KBR (NYSE:KBR) last announced its quarterly earnings data on Thursday, February 26th. The construction company reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.04. The company had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.91 billion. KBR had a net margin of 4.71% and a return on equity of 35.14%. The firm’s revenue for the quarter was down 10.6% on a year-over-year basis. During the same quarter last year, the business posted $0.91 EPS. KBR has set its FY 2026 guidance at 3.870-4.220 EPS. As a group, equities analysts forecast that KBR, Inc. will post 3.26 EPS for the current year.

KBR Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Friday, March 13th will be issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 1.6%. The ex-dividend date is Friday, March 13th. KBR’s dividend payout ratio (DPR) is presently 22.68%.

Institutional Trading of KBR

A number of hedge funds have recently added to or reduced their stakes in KBR. Invesco Ltd. increased its position in KBR by 3.5% during the 4th quarter. Invesco Ltd. now owns 5,736,873 shares of the construction company’s stock valued at $230,622,000 after purchasing an additional 192,383 shares during the period. Boston Partners raised its stake in KBR by 25.6% in the second quarter. Boston Partners now owns 5,506,603 shares of the construction company’s stock worth $264,474,000 after buying an additional 1,122,076 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in KBR by 8.1% during the second quarter. Massachusetts Financial Services Co. MA now owns 4,090,874 shares of the construction company’s stock worth $196,116,000 after buying an additional 308,268 shares during the period. Franklin Resources Inc. boosted its position in KBR by 17.8% during the 2nd quarter. Franklin Resources Inc. now owns 3,419,468 shares of the construction company’s stock valued at $163,929,000 after acquiring an additional 517,633 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of KBR by 10.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,806,715 shares of the construction company’s stock valued at $112,834,000 after acquiring an additional 255,948 shares during the period. 97.02% of the stock is owned by hedge funds and other institutional investors.

About KBR

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.