Stuart Bradie, CEO, sold 119.889 shares in a single transaction on Monday 5th June. The shares were bought at an average of $61.21, resulting in a value of $7,338,405.69. The chief executive now owns directly 669,639 of the company's shares, worth $40,988,603.19. This link
Stuart Bradie made the following recent trades:
The stock was bought at an average of $59.20 for a value of $53,280.00.
The stock was bought at an average of $59.51 for a value of $142,050.37.
The price of the stock fell by $0.03 to $61.95. The company's shares were traded at a volume of 2,510,874 compared to the average of 1,116,815. The company has a moving average of $54.01 and a moving average of $57.47 for the last 50 days. The debt-to equity ratio is 0.83. Current ratios are 0.99, and quick ratios are 0.99. KBR, Inc.'s 52-week low is $41.96 while its 52-week high is $62.42. The company has a market cap of $8.41 billion, a P/E ratio of 27.19, a price-to-earnings-growth ratio of 1.51 and a beta of 1.13.
The company last released its results on May 1st. The company posted $0.67 in earnings per share for the first quarter, exceeding analysts' expectations of $0.58. Revenue for the quarter was $1.70 billion, which is higher than analysts' expectations of $1.6 billion. KBR's net margin was 5.30%, and its return on equity was 26.13%. KBR's revenue for the quarter was down by.6% from last year. In the same quarter last year, KBR earned $0.62 per share. Analysts expect KBR, Inc. to post 2.89 EPS in the current fiscal year.
KBR Announces Dividend
A quarterly dividend was also declared by the business, and will be paid out on Friday, 14th July. Dividends of $0.135 will be paid to shareholders who were in the books on Thursday, June 15. This dividend will be paid on Wednesday, June 14. This is a $0.54 dividend with a yield 0.87%. KBR's current dividend payout ratio stands at 23.68%.
Wall Street analysts weigh in
A number of analysts have commented on KBR's shares. Citigroup increased their target price for KBR to $67.00 in a Friday, February 17th report. They also gave the company a "buy" rating. Cowen raised their target price for KBR from $56.00 up to $63.00 in a report published on Thursday, 22nd. The stock was given an 'outperform rating'. In a report published on February 21st, DA Davidson raised their price target on KBR to $70.00 from $60.00. In a research report published on Thursday 18th May, we began covering KBR shares. They gave the company a 'buy rating'. Six analysts have given the stock a buy recommendation. According to MarketBeat data, the average rating for the company is 'Buy,' with a consensus price target of $67.14.
Inflows of Institutional Capital and Outflows
Recent large investors have bought and sold shares. Toroso Investments LLC increased its holdings in KBR shares by 7.7% in the first quarter. Toroso Investments LLC owns 5,555 of the stock in the construction company, worth $306,000. This is after buying an additional 398 stocks during the last quarter. Putnam Investments LLC increased its stake in KBR during the first quarter by 2.8%. Putnam Investments LLC owns now 278,478 of the construction company stock, worth $15.330,000. This is after purchasing an additional 7,643 during the last quarter. Centaurus Financial Inc. purchased a new KBR position during the first quarter valued at $129,000. Advisory Services Network LLC increased its holdings of KBR by 25,8% during the first quarter. Advisory Services Network LLC owns 6,106 of the construction company stock, worth $336,000, after buying an additional 1,253 during the period. Snyder Capital Management L P increased its holdings of KBR by 2.5% during the first quarter. Snyder Capital Management L P owns now 3,073,508 of the construction company’s stock valued at $169,197,000, after purchasing an extra 73,594 during the period.
KBR, Inc. provides differentiated professional and technological services across the asset lifecycle and program within the hydrocarbons and government services industries. It is organized into five segments: Government Solutions (Government Solutions), Technology Solutions (Technology Solutions), Energy Solutions (Energy Solutions), Non-strategic Business and Other.
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