Shares of KBR opened at 29.48 on Monday. KBR has a 52 week low of $22.09 and a 52 week high of $38.00. The stock?s 50-day moving average is currently $29.55. The company has a market cap of $4.350 billion and a P/E ratio of 21.63.
KBR last announced its earnings results on Wednesday, October 24th. The company reported $0.65 earnings per share for the quarter, meeting the analysts? consensus estimate of $0.65. The company?s quarterly revenue was down 16.5% on a year-over-year basis. KBR has set its FY12 guidance at $2.60-2.80 EPS. Analysts expect that KBR will post $2.56 EPS for the current fiscal year.
A number of other analysts have also recently weighed in on KBR. Analysts at Johnson Rice downgraded shares of KBR from an ?overweight? rating to an ?equal weight? rating in a research note to investors on Monday. Analysts at Tudor Pickering downgraded shares of KBR from a ?buy? rating to an ?accumulate? rating in a research note to investors on Monday. Eleven equities research analysts have rated the stock with a buy rating, two have issued an overweight rating, and three have given a hold rating to the company. The company presently has a consensus rating of ?overweight? and a consensus price target of $40.35.
The company also recently declared a quarterly dividend, which is scheduled for Monday, April 15th. Shareholders of record on Friday, March 15th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend is Wednesday, March 13th. This is a positive change from KBR?s previous quarterly dividend of $0.05.
KBR, Inc. (KBR), along with its subsidiaries, is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power and industrial sectors.