KBR (KBR) Receiving Somewhat Positive Media Coverage, Report Finds
News headlines about KBR (NYSE:KBR) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. KBR earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned media stories about the construction company an impact score of 46.1736454470762 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s rankings:
- KBR wins pre-FEED work on West African LNG project (lngworldnews.com)
- KBR awarded Pre-FEED engineering and project support contracts for Tortue Project (yourindustrynews.com)
- KBR wins Tortue pre-FEED assignment (offshore-mag.com)
- KBR Awarded Pre-FEED Engineering and Project Support Contracts for BP’s Tortue Project (finance.yahoo.com)
- KBR, Inc. breached its 50 day moving average in a Bearish Manner : KBR-US : August 17, 2017 (finance.yahoo.com)
Shares of KBR (NYSE:KBR) traded down 0.07% during mid-day trading on Friday, hitting $14.93. The stock had a trading volume of 401,581 shares. The company has a 50 day moving average price of $15.55 and a 200 day moving average price of $15.19. The firm’s market cap is $2.09 billion. KBR has a 12-month low of $13.16 and a 12-month high of $17.95.
KBR (NYSE:KBR) last issued its earnings results on Wednesday, August 2nd. The construction company reported $0.54 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.05. The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.10 billion. KBR had a positive return on equity of 8.74% and a negative net margin of 0.81%. The company’s quarterly revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.35 EPS. Equities analysts forecast that KBR will post $1.43 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 15th will be given a $0.08 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.32 annualized dividend and a dividend yield of 2.14%. KBR’s dividend payout ratio (DPR) is presently -128.00%.
A number of research firms have commented on KBR. BidaskClub upgraded KBR from a “sell” rating to a “hold” rating in a research report on Saturday, August 5th. TheStreet upgraded KBR from a “d+” rating to a “c-” rating in a research report on Thursday, August 3rd. Zacks Investment Research downgraded KBR from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. Finally, Vertical Research upgraded KBR from a “hold” rating to a “buy” rating in a research report on Monday, May 1st. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $18.22.
KBR Company Profile
KBR, Inc is a provider of professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries. The Company operates through business segments, including Technology & Consulting (T&C), Engineering & Construction (E&C), Government Services (GS), Non-strategic Business and Other.
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