Are KBR (KBR) Shares Worth Your Time and Dime Following Recent Goldman Sachs Upgrade?

June 14, 2018 - By Jimmy Baldridge

KBR, Inc. (NYSE:KBR) Logo

Investors sentiment increased to 1.2 in Q1 2018. Its up 0.24, from 0.96 in 2017Q4. It increased, as 27 investors sold KBR, Inc. shares while 64 reduced holdings. 38 funds opened positions while 71 raised stakes. 129.90 million shares or 3.15% less from 134.13 million shares in 2017Q4 were reported.

Chicago Equity Ptnrs Lc invested in 0.12% or 223,105 shares. State Treasurer State Of Michigan, a Michigan-based fund reported 51,142 shares. Invesco Limited invested in 0.01% or 886,483 shares. Mackenzie Financial holds 697,072 shares or 0.03% of its portfolio. Stone Ridge Asset Mngmt Lc invested in 22,000 shares or 0.02% of the stock. Jane Street Group Limited Liability invested in 0% or 16,476 shares. Geode Ltd Company has invested 0.01% of its portfolio in KBR, Inc. (NYSE:KBR). Convergence Invest Partners Limited Liability Com reported 81,097 shares. Guggenheim Cap Limited Liability holds 304,774 shares or 0.01% of its portfolio. Energy Opportunities Cap Mngmt Limited Liability Corporation accumulated 0.74% or 57,425 shares. State Of New Jersey Common Pension Fund D invested in 2.33 million shares. South Dakota Council has invested 0.01% in KBR, Inc. (NYSE:KBR). Strs Ohio has invested 0% in KBR, Inc. (NYSE:KBR). The New York-based Sg Americas Securities Limited has invested 0% in KBR, Inc. (NYSE:KBR). Moreover, Capital Fund Management Sa has 0% invested in KBR, Inc. (NYSE:KBR) for 25,670 shares.

KBR (KBR) Stock Upgrade

Goldman Sachs has increased shares of KBR (KBR) stock to a “Neutral” in a research note revealed to clients today. KBR’s past rating was only a “Sell”.

The stock increased 0.38% or $0.07 during the last trading session, reaching $18.28. About 1.56 million shares traded. KBR, Inc. (KBR) has risen 23.17% since June 14, 2017 and is uptrending. It has outperformed by 10.60% the S&P500.

Analysts await KBR, Inc. (NYSE:KBR) to report earnings on August, 1. They expect $0.32 EPS, down 40.74 % or $0.22 from last year’s $0.54 per share. KBR’s profit will be $45.01 million for 14.28 P/E if the $0.32 EPS becomes a reality. After $0.34 actual EPS reported by KBR, Inc. for the previous quarter, Wall Street now forecasts -5.88 % negative EPS growth.

KBR, Inc. provides professional services and technologies across the asset and program life-cycle within the government services and hydrocarbons industries worldwide. The company has market cap of $2.57 billion. The firm operates through three divisions: Government Services, Technology & Consulting, and Engineering & Construction. It has a 5.98 P/E ratio. The Government Services segment offers life-cycle support solutions to defense, space, aviation, and other programs and missions for government agencies in the United States, the United Kingdom, and Australia.

More notable recent KBR, Inc. (NYSE:KBR) news were published by: Prnewswire.com which released: “KBR, Inc. to Participate at the KeyBanc Capital Markets’ Industrial & Basic Materials Conference” on May 29, 2018, also Prnewswire.com with their article: “KBR, Inc. to Participate at the Deutsche Bank’s 9th Annual Industrials & Materials Conference” published on June 04, 2018, 247Wallst.com published: “Merrill Lynch Adds Top Gaming Stock to Endeavor Small Cap Portfolio” on May 31, 2018. More interesting news about KBR, Inc. (NYSE:KBR) were released by: Seekingalpha.com and their article: “KBRwyle wins additional LOGCAP IV work” published on June 11, 2018 as well as 247Wallst.com‘s news article titled: “Top Analyst Upgrades and Downgrades: Capital One, Hewlett Packard Enterprises, Kohl’s, Roku, Spotify, Steel …” with publication date: June 14, 2018.

KBR, Inc. (NYSE:KBR) Institutional Positions Chart

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