Analysts at Macquarie cut their rating on shares of KBR, Inc. (NYSE:KBR) from Outperform to Neutral in their opinion released on September 19. Goldman analysts bumped their recommendation on KBR stock from Sell to Neutral in a separate flash note to investors on June 14. Analysts at Credit Suisse downgraded the stock to a Neutral call from its previous Outperform stance, in a research note that dated back to February 26.
By watching the trading activity of corporate insiders, it will become easier to get a sense of KBR, Inc. (NYSE:KBR)’s prospects. The earliest insider trade took place on 03/08/2017. Sopp Mark W gathered a total of 15 thousand shares of company at average share price of $14.53. The total for the purchase was set at $217.95 thousand. After this transaction, the EVP & CFO account balance stood at 52.65 thousand shares. The stock grew 18.58 percent since that insider purchase. On 03/09/2015, Harrington Ivor, President E&C, sold 14.97 thousand shares at a price per share of $15.5. This removed 231.96 thousand shares from the insider’s fortune and the stock saw a 11.16 percent rally in value since the news became public. This transaction left 102.18 thousand shares in the President E&C account. On 03/06/2014, CEO and President Utt William P performed a sale transaction worth $4.58 million. This sale at $28.16 each has eliminated 162.74 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded -38.81 percent decrease since the transaction was reported. The insider now is left with 60.97 thousand shares remaining in the account. Utt William P, who performs the CEO and President job, sold 8.7 thousand shares for $291.55 thousand. The disposal occurred on 12/02/2013 was priced at $33.5 per share. The share price plunged -48.57 percent since the reporting date. Utt William P now left with a stake of 43.52 thousand KBR stock worth $749.9 thousand after the insider selling.
KBR, Inc. (KBR) is expected to jump by 33.49 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $25-month high price target. This represents a whopping 45.1 percent increase from where shares are trading today. The 12-month median price target assigned by the analysts stands at $23, which represents a return potential of 33.49 percent when compared to the closing price of the stock of $17.23 on Friday, January 11. The lowest price target for the stock is $20 — slightly more than 16.08 percent from KBR’s current share price.
The shares are currently floating around the first support level of $17.01. Below this, the next support is placed in the zone of $16.78. Till the time, the KBR stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 53.03 on daily chart, which may remain a cause for concern. If the price breaks below $16.78 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $17.44 mark may result into a pull-back move towards $17.65 level.
KBR shares dropped -0.27 points or -1.54 percent on Friday to $17.23 with a heavy trade volume of 4.131 million shares. After opening the session at $17.37, the shares went as high as $17.43 and as low as $16.995, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $2.47 billion and now has 143.09 million shares outstanding. KBR, Inc. (KBR) stock has gained 3.61 percent of market value in 21 trading days.
KBR stock has a trailing 3-year beta of 1.35, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was $2.48 a share in the trailing twelve months. The stock’s value has surged 13.5 percent year to date (YTD) against a decline of -12.94 percent in 12 month’s time. The company’s shares still trade -22.45 percent away from its 1-year high of $22.22 and 24 percent up from 52-week low of $13.90. The average consensus rating on the company is 2.3, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a sell.
Shares of KBR, Inc. (KBR) are trading at a P/E ratio of 0 times earnings reported for the past 12 months. The industry KBR operates in has an average P/E of 15.96. Its P/E ratio went as low as 12X and as high as 63.35 over the 5-year span. Further, it is sporting a 0.55 on the Price-to-Sales ratio. Compare this with the industry average P/S of 1.64. 8.8 percent is the gross profit margin for KBR, Inc. and operating margin sits at 9 percent. Along with this, the net profit margin is 11.3 percent.