The stock of KBR, Inc. (NYSE:KBR) is a huge mover today! About 1.57M shares traded hands or 17.16% up from the average. KBR, Inc. (NYSE:KBR) has declined 2.01% since March 1, 2016 and is downtrending. It has underperformed by 11.26% the S&P500.
The move comes after 8 months positive chart setup for the $1.89 billion company. It was reported on Oct, 4 by Barchart.com. We have $17.64 PT which if reached, will make NYSE:KBR worth $378.00 million more.
Analysts await KBR, Inc. (NYSE:KBR) to report earnings on November, 7. They expect $0.32 earnings per share, down 20.00% or $0.08 from last year’s $0.4 per share. KBR’s profit will be $41.14 million for 11.48 P/E if the $0.32 EPS becomes a reality. After $0.32 actual earnings per share reported by KBR, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
KBR, Inc. (NYSE:KBR) Ratings Coverage
Out of 7 analysts covering KBR Inc (NYSE:KBR), 1 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 14% are positive. $24 is the highest target while $16 is the lowest. The $18.10 average target is 23.13% above today’s ($14.7) stock price. KBR Inc has been the topic of 12 analyst reports since August 6, 2015 according to StockzIntelligence Inc. UBS maintained the shares of KBR in a report on Wednesday, August 5 with “Neutral” rating. The firm earned “Neutral” rating on Monday, March 28 by Goldman Sachs. The stock of KBR, Inc. (NYSE:KBR) earned “Hold” rating by Johnson Rice on Monday, May 2. The rating was upgraded by Bank of America to “Neutral” on Thursday, August 6. Goldman Sachs downgraded KBR, Inc. (NYSE:KBR) on Monday, December 7 to “Sell” rating. The stock of KBR, Inc. (NYSE:KBR) earned “Neutral” rating by M Partners on Tuesday, September 13. The firm has “Sell” rating by Citigroup given on Friday, November 13. M Partners initiated the stock with “Neutral” rating in Wednesday, June 29 report.
According to Zacks Investment Research, “KBR, Inc. is a leading global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power and industrial markets. The company is a leader in many of the growing end-markets it serves, particularly gas monetization, having designed and constructed, alone or with joint venture partners, more than half of the world’s operating liquefied natural gas (LNG) production capacity. KBR offers a wide range of services through its Upstream, Downstream, Technology, Services, Government and Infrastructure, and Ventures business segments.”
Insitutional Activity: The institutional sentiment increased to 1.42 in 2016 Q2. Its up 0.36, from 1.06 in 2016Q1. The ratio increased, as 31 funds sold all KBR, Inc. shares owned while 59 reduced positions. 28 funds bought stakes while 100 increased positions. They now own 136.05 million shares or 4.84% more from 129.78 million shares in 2016Q1.
Blackrock Advisors Limited Liability Corporation last reported 1.00M shares in the company. Ls Investment Advisors Ltd Liability Corp accumulated 8,665 shares or 0.01% of the stock. Thrivent For Lutherans reported 20,140 shares or 0% of all its holdings. Aperio Group Limited Liability last reported 28,609 shares in the company. Trexquant Inv Limited Partnership has invested 0.02% of its portfolio in KBR, Inc. (NYSE:KBR). Moreover, Fifth Third Fincl Bank has 0% invested in KBR, Inc. (NYSE:KBR) for 673 shares. Moreover, Pdt Limited Liability Corporation has 0.2% invested in KBR, Inc. (NYSE:KBR) for 187,600 shares. Utd Svcs Automobile Association has 0.06% invested in the company for 1.18 million shares. Ladenburg Thalmann Services accumulated 1,763 shares or 0% of the stock. Springbok Cap Mgmt Llc reported 9,290 shares or 0.02% of all its holdings. Wfg Advsr Lp, a Texas-based fund reported 14 shares. Moreover, Goldman Sachs Group Inc has 0% invested in KBR, Inc. (NYSE:KBR) for 704,853 shares. Hbk Lp has invested 0.07% of its portfolio in KBR, Inc. (NYSE:KBR). Morgan Stanley has invested 0.01% of its portfolio in KBR, Inc. (NYSE:KBR). Retirement Of Alabama holds 0.05% of its portfolio in KBR, Inc. (NYSE:KBR) for 651,290 shares.
More important recent KBR, Inc. (NYSE:KBR) news were published by: Benzinga.com which released: “KBR 10% Selloff Presents Buying Opportunity” on October 04, 2016, also Benzinga.com published article titled: “A Peek Into The Markets: U.S. Stock Futures Edge Higher; Crude Oil Drops”, Benzinga.com published: “Worst Performing Industries For October 3, 2016” on October 03, 2016. More interesting news about KBR, Inc. (NYSE:KBR) was released by: Forbes.com and their article: “Ex-Dividend Reminder: Motorola Solutions, KBR and Knoll” with publication date: September 09, 2016.
KBR Company Profile
KBR, Inc. (KBR), incorporated on March 21, 2006, is an engineering, procurement, construction and services company. The Firm supports global hydrocarbons and international Government services market sectors. The Firm offers a portfolio of technology and consulting services; engineering, construction, procurement and asset maintenance services, and base operational, logistics, life support and asset management services. The Firm operates through three business divisions: Technology & Consulting (T&C), Engineering & Construction (E&C), and Government Services (GS). The Firm provides services to a customer base, including international and national gas and oil companies, independent refiners, petrochemical producers, fertilizer producers, manufacturers and domestic and foreign Governments.
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