KBR (NYSE:KBR) Posts Earnings Results, Beats Expectations By $0.08 EPS

KBR (NYSE:KBR) announced its earnings results on Monday. The construction company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.08, Zacks reports. KBR had a net margin of 4.35% and a return on equity of 28.87%.

KBR Price Performance

Shares of KBR traded up $1.12 during trading hours on Monday, reaching $50.26. The company had a trading volume of 5,211,884 shares, compared to its average volume of 1,435,710. 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 12-month low of $47.55 and a 12-month high of $72.60. The firm has a 50 day simple moving average of $56.16 and a 200-day simple moving average of $61.90. The company has a market capitalization of $6.70 billion, a price-to-earnings ratio of 21.12, a PEG ratio of 0.86 and a beta of 0.83.

KBR Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Friday, March 14th will be paid a dividend of $0.165 per share. The ex-dividend date of this dividend is Friday, March 14th. This is a boost from KBR’s previous quarterly dividend of $0.15. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.31%. KBR’s dividend payout ratio is 27.73%.

Wall Street Analysts Forecast Growth

KBR has been the subject of a number of recent research reports. KeyCorp decreased their price objective on KBR from $78.00 to $70.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. UBS Group increased their price target on KBR from $77.00 to $78.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Citigroup lowered their price objective on shares of KBR from $82.00 to $76.00 and set a “buy” rating on the stock in a research report on Wednesday, January 29th. TD Cowen cut their price objective on shares of KBR from $72.00 to $64.00 and set a “hold” rating for the company in a research report on Wednesday, January 8th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $84.00 target price on shares of KBR in a report on Tuesday, November 19th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price 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.