TD Cowen has recently reduced KBR Inc (KBR) stock to Hold rating, as announced on September 6, 2024, according to Finviz. Earlier, on January 10, 2024, KeyBanc Capital Markets had resumed the stock to Overweight, setting a price target of $63. BofA Securities also resumed Buy rating with a price target of $65. Additionally, Stifel resumed Buy rating on March 18, 2022, with a target price of $65. DA Davidson analysts, in their report published on March 4, 2022, also raised Buy rating for KBR Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
KBR Inc (KBR) Stock Trading Recap
On Friday, KBR Inc (KBR) stock saw a decline, ending the day at $60.86 which represents a decrease of $-0.32 or -0.52% from the prior close of $61.18. The stock opened at $61.46 and touched a low of $60.78 during the day, reaching a high of $61.58. The volume of shares traded was 0.87 million falling short of the average volume of 1.34 million.
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KBR Stock Performance and Moving Averages
In recent trading, KBR Inc (KBR) stock price has shown some volatility, fluctuating 1.05% over the last five trades and -10.87% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -7.31%, and it has plunged by -12.25% in the previous three months. Currently, KBR is trading at -5.57%, -7.96%, and -5.65% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, KBR, a Industrials sector stock, is trading -16.17% below its 52-week high but remains 20.63% above its 52-week low. The Average True Range (ATR) (14 days) of 1.82 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
KBR Inc’s Profitability and Valuation Ratios
KBR Inc’s profitability metrics reveal financial health. The company currently boasts an operating margin of 7.33% and a profit margin of 4.35%, with a gross margin of -7.31%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, KBR Inc’s market capitalization stands at $8.11 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 25.49, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 15.81. Additionally, the Price-to-Sales Ratio is 1.1, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 5.39, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 1.29% of KBR Inc (KBR)’s shares, while financial institutions hold 95.21%.
Notable insider trades include Ibrahim Jalal, Pres., Sustainable Tech Solns at KBR Inc (KBR), who sold 35000 shares on Aug 19 ’24, at $66.56 each, totaling $2.33 million. On May 20 ’24, GALINDO SONIA, EVP, Gen. Counsel & Corp. Sec., sold 4660 shares for $66 each, amounting to $0.31 million. Additionally, on Feb 22 ’24, Myles Jennifer sold 8000 shares at $58.95 each, generating $0.47 million.
