Wall Street analysts expect KBR, Inc. (NYSE:KBR) to announce $1.39 billion in sales for the current quarter, according to Zacks. Two analysts have issued estimates for KBR’s earnings, with estimates ranging from $1.34 billion to $1.43 billion. KBR reported sales of $1.43 billion during the same quarter last year, which would suggest a negative year over year growth rate of 2.8%. The firm is expected to report its next quarterly earnings report on Wednesday, November 4th.
According to Zacks, analysts expect that KBR will report full year sales of $5.72 billion for the current financial year, with estimates ranging from $5.66 billion to $5.77 billion. For the next financial year, analysts anticipate that the firm will post sales of $5.05 billion, with estimates ranging from $5.00 billion to $5.10 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side analysts that that provide coverage for KBR.
KBR (NYSE:KBR) last posted its quarterly earnings data on Thursday, August 6th. The construction company reported $0.39 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.02. KBR had a positive return on equity of 13.83% and a negative net margin of 0.50%. The company had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.36 billion.
KBR traded up $0.43 during trading hours on Friday, reaching $24.92. 783,244 shares of the company’s stock traded hands, compared to its average volume of 1,618,140. The firm has a 50-day moving average price of $23.91 and a 200 day moving average price of $22.53. KBR has a 52-week low of $12.00 and a 52-week high of $31.92. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $3.55 billion, a PE ratio of -113.27 and a beta of 1.32.
The firm also recently announced a quarterly dividend, which will be paid on Friday, January 15th. Shareholders of record on Tuesday, December 15th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, December 14th. This represents a $0.40 annualized dividend and a yield of 1.61%. KBR’s dividend payout ratio (DPR) is 23.67%.
In other KBR news, insider William Byron Jr. Bright sold 2,432 shares of the firm’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $24.11, for a total transaction of $58,635.52. Following the completion of the sale, the insider now owns 52,975 shares of the company’s stock, valued at $1,277,227.25. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.97% of the stock is owned by company insiders.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Private Advisor Group LLC purchased a new position in shares of KBR during the second quarter worth $56,000. Point72 Hong Kong Ltd purchased a new position in KBR in the second quarter valued at $98,000. Advisor Group Holdings Inc. purchased a new position in KBR in the first quarter valued at $146,000. Brandywine Oak Private Wealth LLC purchased a new position in KBR in the third quarter valued at $200,000. Finally, Value Holdings Management CO. LLC purchased a new position in KBR in the first quarter valued at $207,000.
KBR, Inc provides professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries worldwide. The company operates through three segments: Government Services, Technology & Consulting, and Engineering & Construction. The Government Services segment offers life-cycle support solutions to defense, space, aviation, and other programs and missions for government agencies in the United States, the United Kingdom, and Australia.
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