Q4 2024 EPS Estimates for KBR, Inc. (NYSE:KBR) Raised by Analyst

KBR, Inc. (NYSE:KBR) – Research analysts at Zacks Research increased their Q4 2024 earnings estimates for shares of KBR in a report released on Wednesday, August 14th. Zacks Research analyst S. Mukherjee now anticipates that the construction company will post earnings per share of $0.81 for the quarter, up from their previous forecast of $0.80. The consensus estimate for KBR’s current full-year earnings is $3.24 per share. Zacks Research also issued estimates for KBR’s Q3 2025 earnings at $1.02 EPS, Q2 2026 earnings at $1.18 EPS and FY2026 earnings at $4.61 EPS.

Several other brokerages have also recently weighed in on KBR. Citigroup increased their price target on KBR from $66.00 to $72.00 and gave the company a “buy” rating in a research note on Monday, April 22nd. Stifel Nicolaus upped their price target on shares of KBR from $83.00 to $84.00 and gave the company a “buy” rating in a research report on Thursday, May 9th. StockNews.com downgraded KBR from a “strong-buy” rating to a “buy” rating in a research note on Monday, August 12th. DA Davidson reaffirmed a “buy” rating and set a $78.00 target price on shares of KBR in a research note on Tuesday, June 25th. Finally, UBS Group boosted their price target on KBR from $68.00 to $77.00 and gave the company a “buy” rating in a research note on Tuesday, May 14th. Eight research analysts have rated the stock with a buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $76.00.

KBR Stock Performance

NYSE:KBR opened at $65.45 on Monday. KBR has a 1-year low of $49.37 and a 1-year high of $69.37. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.35. The stock has a market cap of $8.79 billion, a P/E ratio of -34.09, a price-to-earnings-growth ratio of 1.36 and a beta of 0.90. The stock’s 50-day moving average is $64.90 and its 200-day moving average is $63.01.

KBR (NYSE:KBR) last announced its quarterly earnings results on Wednesday, July 24th. The construction company reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.04. The company had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.88 billion. KBR had a net margin of 2.77% and a return on equity of 27.92%.

Institutional Trading of KBR

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Quarry LP raised its position in KBR by 454.7% in the second quarter. Quarry LP now owns 821 shares of the construction company’s stock worth $53,000 after acquiring an additional 673 shares during the period. Creative Planning boosted its position in KBR by 20.5% during the second quarter. Creative Planning now owns 7,373 shares of the construction company’s stock worth $473,000 after purchasing an additional 1,255 shares during the period. Algert Global LLC increased its stake in shares of KBR by 95.9% in the second quarter. Algert Global LLC now owns 58,099 shares of the construction company’s stock worth $3,726,000 after purchasing an additional 28,439 shares in the last quarter. Susquehanna Fundamental Investments LLC bought a new position in KBR in the 2nd quarter worth approximately $9,582,000. Finally, Mackenzie Financial Corp bought a new stake in KBR during the 2nd quarter valued at $3,493,000. 97.02% of the stock is owned by institutional investors.

KBR Company Profile

KBR, Inc provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. It operates through Government Solutions and Sustainable Technology Solutions segments. The Government Solutions segment offers life-cycle support solutions to defense, intelligence, space, aviation, and other programs and missions for military and other government agencies in the United States, the United Kingdom, and Australia.