Somewhat Positive News Coverage Somewhat Unlikely to Affect KBR (KBR) Stock Price
News articles about KBR (NYSE:KBR) have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. KBR earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned media headlines about the construction company an impact score of 45.6142684151395 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news headlines that may have impacted Accern’s rankings:
- Marble & Granite, Inc. Opens New Albany Showroom (environmentguru.com)
- KBR : KBRwyle Awarded U.S. Army LOGCAP IV Task Order Mods Totaling $116M (4-traders.com)
- KBR Clinches FMSO Contract from UK MOD in the Middle East (nasdaq.com)
- KBR, Inc. (KBR) Secures $116M Task Order from U.S. Army for Logistics Support Services (streetinsider.com)
Shares of KBR (NYSE:KBR) opened at 17.73 on Wednesday. KBR has a 1-year low of $13.17 and a 1-year high of $18.28. The firm’s 50-day moving average is $17.16 and its 200 day moving average is $15.58. The company’s market cap is $2.48 billion.
KBR (NYSE:KBR) last issued its earnings results on Wednesday, August 2nd. The construction company reported $0.54 EPS for the quarter, topping the consensus estimate of $0.49 by $0.05. The firm had revenue of $1.09 billion during 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%. KBR’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same period last year, the business earned $0.35 earnings per share. Equities analysts expect that KBR will post $1.43 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 15th will be given a $0.08 dividend. The ex-dividend date is Thursday, September 14th. This represents a $0.32 annualized dividend and a yield of 1.80%. KBR’s dividend payout ratio (DPR) is currently -128.00%.
Several analysts have weighed in on KBR shares. Zacks Investment Research lowered shares of KBR from a “hold” rating to a “sell” rating in a research note on Tuesday, July 4th. BidaskClub lowered shares of KBR from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. TheStreet upgraded shares of KBR from a “d+” rating to a “c-” rating in a research note on Thursday, August 3rd. Finally, KeyCorp set a $20.00 target price on shares of KBR and gave the company a “buy” rating in a research note on Friday, August 25th. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $19.00.
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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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