The stock of KBR Inc. (NYSE:KBR) increased by $0.86 on Monday to $61.90, up 1.41 percent. The last five days have seen an average of 542,065 shares of common stock traded. 17 times new highs were reached in the current year, with a gain of $9.07. The average number of shares traded over the last 20 days was 883,161, while the average volume over the last 50 days totaled 1,099,200.
KBR stock dropped -0.34% since last month. On 08/18/23, the company’s shares reached a one-month low of $58.75. The stock touched a high of $65.87 on 07/18/23, after rallying from a low of $41.96 in 52 weeks. The price of KBR stock has risen by 17.23% or $9.07 this year, reaching a new high 17 times. Still, the stock price is down -6.03% from the 52-week high.
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Insider Transactions
KBR stock investors should be aware that KBR Inc. (KBR) stock had its last reported insider trading activity 17 days ago on Aug 11. On Aug 11, President Gov’t Solutions US Bright William Byron Jr. sold 20,000 shares at $60.68 each. This transaction resulted in the insider making $1,213,522. On Jun 20, Myles Jennifer sold 480 shares at a price of US$65.32. After the transaction, the insider now owns 14,520 shares. President and CEO Bradie Stuart had earlier sold 119,889 shares on Jun 05 for $61.21 a share. The transaction was completed for $7,338,118.
Valuation Metrics
Beta for the stock is 1.11. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.24, the price-to-book (PB) ratio of 5.18, and the price-to-cash flow ratio of 21.83.
Company paid $0.1350 per share in dividends, remained unchanged from $0.1350 last year.
Financial Health
For the three months ended June 29, KBR Inc.’s quick ratio was 1.10, while its current ratio was 1.10, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 1.01, and the total debt to equity ratio is 1.08. As far as profitability goes, gross margin for the trailing twelve months is 13.90% percent. KBR Inc.’s EBITDA margin for the year ended June 29 was 8.30%, whereas its operating margin stood at 4.90% for the same period. Based on annual data, it had gross profit of $828.0 million and revenue of $6.56 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. KBR’s return on assets (ROA) during the last 12 months has been -1.70%. There was a 7.40% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -6.10%.
Earnings Surprise
According to KBR Inc.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.75 billion, while revenues rose by 7.82% to $1.7 billion. It was predicted that KBR Inc.’s quarterly earnings would be $0.74, but it ended up being $0.72, beating the consensus by 2.80%. EBITDA was $44.0 million for the quarter. At the end of KBR Inc.’s most recent quarter ended June 29, its liabilities totaled 4.66 billion, while its total debt was $1.97 billion. Equity owned by shareholders amounts to $134.92 million.
Technical Picture
Here’s a quick look at KBR Inc.’s (KBR) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 59.11%, suggesting the stock is Neutral, with a 15.58% historical volatility rate.
The stochastic %K and %D were 78.05% and 68.94% respectively, while the average true range (ATR) was 0.95. Based on the 14-day stochastic reading of 99.05%, the RSI (14) reading is 53.20%. On the 9-day MACD Oscillator, the stock is at 0.69, and the 14-day reading is at 0.53.
Analyst Ratings
Analysts have assigned KBR Inc. (KBR) an Buy rating. KBR is a stock that is recommended for selling by 0 brokerage firms, while 1 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 11 others recommend it as a buy.
What is KBR’s price target for the next 12 months?
The current consensus forecast for the stock is between $71.00 and $75.00, with a median target price of $75.00. In analyzing these forecasts, the average price target given by analysts for KBR Inc. (KBR) is $74.09.
