KBR, Inc. (NYSE:KBR):
KBRwyle to Support U.S. Army’s Cargo Helicopter and Fixed Wing Aircraft.
The company is now up by 0.07% since yesterday’s close of $15.16.
KBR, Inc. also recently announced a dividend which will be paid on Friday the 14th of July 2017. The dividend payment will be $0.080 per share for the quarter which is $0.32 annualized. This dividend represents a yield of $2.12. The ex-dividend date will be on Tuesday the 13th of June 2017.
KBR, Inc. (KBR), launched on March 21, 2006, is a provider of professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries. The Company operates through business segments, including Technology & Consulting (T&C), Engineering & Construction (E&C), Government Services (GS), Non-strategic Business and Other. Its solutions include engineering services, mission and logistics support solutions, technology licensing, consulting, procurement, construction, construction management, program management, operations, maintenance and other support services to a customer base, including domestic and foreign governments, international and national oil and gas companies, independent refiners, petrochemical producers, fertilizer producers and manufacturers. As of December 31, 2016, it had offices around the world with operations in over 40 countries and served customers in over 70 countries..
It is trading at $15.17 which is slightly above the 50 day moving average of $14.72 and which is just under the 200 day moving average of $15.55. The 50 day moving average went up $0.45 or +3.05% and the 200 day average moved down $-0.38.
As of the latest earnings report the EPS was $-0.47 and is projected to be $1.31 for the current year with 143,154,000 shares now outstanding. Analysts expect next quarter’s EPS will be $0.33 with next year’s EPS anticipated to be $1.37.
Investment firms have released opinions on the company recently. On November 21 the company was upgraded to “Buy” from “Neutral” and a price target of $21.00 was set in a report issued by MKM Partners. MKM Partners raised the price target and upgraded the stock on November 21 changing the price target from $16.00 to $21.00 and moving the rating from “Neutral” to “Buy”.
On October 11 the stock rating was downgraded from “Neutral” to “Sell” with a current price target of $15.00 in a statement from Goldman Sachs. Equity analyst Goldman Sachs downgraded the stock and lowered the price target on October 11 cutting the price target from $16.00 to $15.00 and cutting the rating from “Neutral” to “Sell”.
On October 4, 2016 the stock rating was rated “Buy” in a report from Deutsche Bank up from the previous “” rating. MKM Partners issued its first research report on the stock setting a rating of “Neutral”.