KBR Inc (NYSE: KBR) is 16.12% higher on its value in year-to-date trading and has touched a low of $49.37 and a high of $65.87 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The KBR stock was last observed hovering at around $64.93 in the last trading session, with the day’s loss setting it -0.59%.
Currently trading at $64.34, the stock is 3.89% and 9.93% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.08 million and changing -0.91% at the moment leaves the stock 10.35% off its SMA200. KBR registered 17.97% gain for a year compared to 6-month gain of 10.78%. The firm has a 50-day simple moving average (SMA 50) of $1.50 and a 200-day simple moving average (SMA200) of $115.73.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 3.56% loss in the last 1 month and extending the period to 3 months gives it a 18.88%, and is 1.61% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.62% over the week and 1.50% over the month.
KBR Inc (KBR) has around 34000 employees, a market worth around $8.69B and $6.96B in sales. Fwd P/E is 16.55. Profit margin for the company is -3.82%. Distance from 52-week low is 30.32% and -2.32% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.92%).
KBR Inc quarterly earnings per share for the current quarter are estimated at $0.7 with sales reaching $1.78B over the same period.The EPS is expected to grow by 10.31% this year, but quarterly earnings will post 8.30% year-over-year. Quarterly sales are estimated to grow 4.40% in year-over-year returns.
KBR Inc (KBR) Top Institutional Holders
490 institutions hold shares in KBR Inc (KBR), with institutional investors hold 100.23% of the company’s shares. The shares outstanding are 135.07M, and float is at 133.31M with Short Float at 1.47%. Institutions hold 99.08% of the Float.
The top institutional shareholder in the company is FMR, LLC with over 19.97 million shares valued at $1.3 billion. The investor’s holdings represent 14.80% of the KBR Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 13.08 million shares valued at $851.14 million to account for 9.70% of the shares outstanding. The other top investors are Blackrock Inc. which holds 12.63 million shares representing 9.36% and valued at over $821.84 million, while Invesco Ltd. holds 5.01% of the shares totaling 6.75 million with a market value of $439.42 million.
KBR Inc (KBR) Insider Activity
The most recent transaction is an insider sale by Myles Jennifer,the company’sEVP, Chief People Officer. SEC filings show that Myles Jennifer sold 8,000 shares of the company’s common stock on Feb 22 ’24 at a price of $58.95 per share for a total of $0.47 million. Following the sale, the insider now owns 38524.0 shares.
KBR Inc disclosed in a document filed with the SEC on Nov 08 ’23 that SOPP MARK W (EVP & Chief Financial Officer) bought a total of 5,000 shares of the company’s common stock. The trade occurred on Nov 08 ’23 and was made at $51.53 per share for $0.26 million. Following the transaction, the insider now directly holds 0.15 million shares of the KBR stock.
Still, SEC filings show that on Aug 11 ’23, Bright William Byron Jr. (President Gov’t Solutions US) disposed off 20,000 shares at an average price of $60.68 for $1.21 million. The insider now directly holds 57,986 shares of KBR Inc (KBR).
