In today’s session KBR, Inc. (KBR) registered an unusually high (176) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious KBR increase. With 176 contracts traded and 324 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: KBR161118C00015000 closed last at: $0.3 or 66.7% down. About 1.30M shares traded hands. KBR, Inc. (NYSE:KBR) has risen 0.50% since March 2, 2016 and is uptrending. It has underperformed by 7.76% the S&P500.
Analysts await KBR, Inc. (NYSE:KBR) to report earnings on November, 7. They expect $0.32 EPS, down 20.00% or $0.08 from last year’s $0.4 per share. KBR’s profit will be $47.16M for 12.09 P/E if the $0.32 EPS becomes a reality. After $0.32 actual EPS reported by KBR, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
KBR, Inc. (NYSE:KBR) Ratings Coverage
Out of 8 analysts covering KBR Inc (NYSE:KBR), 2 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 25% are positive. KBR Inc has been the topic of 13 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Deutsche Bank upgraded the stock to “Buy” rating in Tuesday, October 4 report. The firm has “Neutral” rating by UBS given on Wednesday, August 5. M Partners maintained KBR, Inc. (NYSE:KBR) rating on Tuesday, September 13. M Partners has “Neutral” rating and $16 price target. The firm has “Sell” rating by Citigroup given on Friday, November 13. The rating was initiated by M Partners on Wednesday, June 29 with “Neutral”. Goldman Sachs downgraded it to “Sell” rating and $19 target price in Monday, December 7 report. The firm has “Neutral” rating by Bank of America given on Thursday, August 6. Goldman Sachs upgraded KBR, Inc. (NYSE:KBR) on Monday, March 28 to “Neutral” rating. The rating was downgraded by Johnson Rice on Monday, May 2 to “Hold”.
According to Zacks Investment Research, “KBR, Inc. is a leading global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power and industrial markets. The company is a leader in many of the growing end-markets it serves, particularly gas monetization, having designed and constructed, alone or with joint venture partners, more than half of the world’s operating liquefied natural gas (LNG) production capacity. KBR offers a wide range of services through its Upstream, Downstream, Technology, Services, Government and Infrastructure, and Ventures business segments.”
Insitutional Activity: The institutional sentiment increased to 1.42 in 2016 Q2. Its up 0.36, from 1.06 in 2016Q1. The ratio is positive, as 31 funds sold all KBR, Inc. shares owned while 59 reduced positions. 28 funds bought stakes while 100 increased positions. They now own 136.05 million shares or 4.84% more from 129.78 million shares in 2016Q1.
Jacobs Levy Equity Mngmt owns 527,227 shares or 0.14% of their US portfolio. The United Kingdom-based Cantab Cap Prtnrs Llp has invested 0% in KBR, Inc. (NYSE:KBR). Menta Capital Limited Liability Co has 0.19% invested in the company for 103,272 shares. Envestnet Asset holds 0% of its portfolio in KBR, Inc. (NYSE:KBR) for 1,216 shares. Ubs Asset Americas reported 152,522 shares or 0% of all its holdings. Nomura Asset Ltd accumulated 0% or 3,500 shares. Gotham Asset Mgmt Lc owns 1.24 million shares or 0.2% of their US portfolio. The Minnesota-based Thrivent Financial For Lutherans has invested 0% in KBR, Inc. (NYSE:KBR). Teachers Advisors Inc has invested 0.02% of its portfolio in KBR, Inc. (NYSE:KBR). Dreman Value Mgmt L L C has 1,356 shares for 0.01% of their US portfolio. Vanguard Group Incorporated has 0.01% invested in the company for 10.29M shares. Paloma Prns Mngmt Communication reported 120,361 shares or 0.02% of all its holdings. Wellington Mgmt Grp Incorporated Llp holds 0% or 12,962 shares in its portfolio. Nuveen Asset Mgmt Lc holds 143,886 shares or 0.01% of its portfolio. Blackrock Mngmt Limited Liability holds 0.01% or 569,000 shares in its portfolio.
KBR, Inc. is an engineering, procurement, construction and services company. The company has a market cap of $2.28 billion. The Firm supports global hydrocarbons and international Government services market sectors. It has a 11.91 P/E ratio. It operates through three business divisions: Technology & Consulting (T&C), Engineering & Construction (E&C), and Government Services (GS).
KBR Company Profile
KBR, Inc. (KBR), incorporated on March 21, 2006, is an engineering, procurement, construction and services company. The Firm supports global hydrocarbons and international Government services market sectors. The Firm offers a portfolio of technology and consulting services; engineering, construction, procurement and asset maintenance services, and base operational, logistics, life support and asset management services. The Firm operates through three business divisions: Technology & Consulting (T&C), Engineering & Construction (E&C), and Government Services (GS). The Firm provides services to a customer base, including international and national gas and oil companies, independent refiners, petrochemical producers, fertilizer producers, manufacturers and domestic and foreign Governments.
More important recent KBR, Inc. (NYSE:KBR) news were published by: Benzinga.com which released: “KBR 10% Selloff Presents Buying Opportunity” on October 04, 2016, also Wsj.com published article titled: “KBR Sharply Cuts Year’s Outlook on Unexpected Costs”, Investorplace.com published: “Why Deutsche Bank AG (USA) (DB), Goldcorp Inc. (USA) (GG) and KBR, Inc. (KBR …” on October 03, 2016. More interesting news about KBR, Inc. (NYSE:KBR) was released by: Forbes.com and their article: “Ex-Dividend Reminder: Motorola Solutions, KBR and Knoll” with publication date: September 09, 2016.
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