The stock price of KBR Inc (NYSE: KBR) has surged by 0.39 when compared to previous closing price of 61.98, but the company has seen a -2.66% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-15 that KBR pioneers eco-friendly lithium extraction, shaping a sustainable future for electric vehicles.
Is It Worth Investing in KBR Inc (NYSE: KBR) Right Now?
The 36-month beta value for KBR is also noteworthy at 0.94. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 rating it as “hold,” and 1 rating it as “sell.”
The public float for KBR is 133.31M, and at present, short sellers hold a 1.33% of that float. The average trading volume of KBR on April 18, 2024 was 1.33M shares.
KBR’s Market Performance
The stock of KBR Inc (KBR) has seen a -2.66% decrease in the past week, with a 3.68% rise in the past month, and a 16.65% gain in the past quarter. The volatility ratio for the week is 1.87%, and the volatility levels for the past 30 days are at 1.59% for KBR. The simple moving average for the past 20 days is -0.87% for KBR’s stock, with a 6.76% simple moving average for the past 200 days.
Analysts’ Opinion of KBR
Many brokerage firms have already submitted their reports for KBR stocks, with KeyBanc Capital Markets repeating the rating for KBR by listing it as a “Overweight.” The predicted price for KBR in the upcoming period, according to KeyBanc Capital Markets is $63 based on the research report published on January 10, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see KBR reach a price target of $65. The rating they have provided for KBR stocks is “Buy” according to the report published on December 02nd, 2022.
Stifel gave a rating of “Buy” to KBR, setting the target price at $65 in the report published on March 18th of the previous year.
KBR Trading at 3.73% from the 50-Day Moving Average
After a stumble in the market that brought KBR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.54% of loss for the given period.
Volatility was left at 1.59%, however, over the last 30 days, the volatility rate increased by 1.87%, as shares surge +2.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.49% upper at present.
During the last 5 trading sessions, KBR fell by -2.66%, which changed the moving average for the period of 200-days by -4.37% in comparison to the 20-day moving average, which settled at $62.85. In addition, KBR Inc saw 12.29% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KBR starting from Myles Jennifer, who sale 8,000 shares at the price of $58.95 back on Feb 22 ’24. After this action, Myles Jennifer now owns 38,524 shares of KBR Inc, valued at $471,603 using the latest closing price.
SOPP MARK W, the EVP & Chief Financial Officer of KBR Inc, purchase 5,000 shares at $51.53 during a trade that took place back on Nov 08 ’23, which means that SOPP MARK W is holding 147,178 shares at $257,674 based on the most recent closing price.
Stock Fundamentals for KBR
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.14 for the gross margin
The net margin for KBR Inc stands at -0.04. The total capital return value is set at 0.11. Equity return is now at value -17.72, with -4.78 for asset returns.
Based on KBR Inc (KBR), the company’s capital structure generated 0.57 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 1.32. The interest coverage ratio of the stock is 3.65.
Currently, EBITDA for the company is 630.0 million with net debt to EBITDA at 6.17. When we switch over and look at the enterprise to sales, we see a ratio of 1.45. The receivables turnover for the company is 6.01for trailing twelve months and the total asset turnover is 1.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.05.
Conclusion
In summary, KBR Inc (KBR) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
