On October 4, 2023, KBR, a leading engineering and construction company, announced a groundbreaking partnership with SolydEra, a prominent player in the Solid Oxide Cells market. This collaboration aims to revolutionize the production of clean ammonia using renewable energy sources.
By integrating SolydEra’s cutting-edge Solid Oxide Electrolysis (SOE) technology into KBR’s innovative K-GreeN process, the two companies will create a powerful and efficient solution for producing green ammonia on a global scale. This integrated approach is expected to significantly reduce the cost of carbon-neutral ammonia, thereby accelerating the worldwide transition to renewable energy.
Green ammonia is widely recognized as a crucial component in the shift away from fossil fuels towards sustainable alternatives. Its versatility allows it to be utilized as a carbon-free fertilizer, a hydrogen transport fuel, or a chemical feedstock. With the integration of KBR’s zero-carbon green ammonia technology ad SolydEra’s highly efficient Solid Oxide Electrolyzer, the partnership aims to drive cost efficiencies and establish clean ammonia as a competitive energy alternative.
This collaboration between KBR and SolydEra holds immense potential for transforming the energy landscape. By combining their expertise and resources, they are poised to make a significant impact in the global fight against climate change and pave the way for a greener future.
KBR, Inc.
KBR
Strong Buy
Updated on: 04/10/2023
Financial Health
Very Healthy
Debt to equity ratio: Strong Buy
Price to earnings ratio: Strong Buy
Price to book ratio: Strong Buy
DCF: Strong Buy
ROE: Neutral
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Price Target
Current
$57.03
Concensus
$66.67
Low
$65.00
Median
$67.00
High
$68.00
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Social Sentiments
We did not find social sentiment data for this stock
Analyst Ratings
Analyst / firm Rating
Truist Financial Buy
Credit Suisse Buy
Brent Thielman
D.A. Davidson Buy
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KBR Stoc Performance: Stable with Strong Earnings Growth and Potential Opportunities
KBR, a technology services company, had a mixed performance on October 4, 2023. The stock opened at $57.98, slightly lower than the previous day’s closing price of $58.19. Throughout the day, the stock’s price fluctuated between a low of $56.98 and a high of $58.33. The trading volume for the day was 153,446 shares, significantly lower than the three-month average volume of 1,315,172 shares.
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KBR’s market capitalization stands at $8.0 billion. The company’s earnings growth over the past year has been impressive, with a growth rate of 957.31%. However, the expected earnings grwth for this year is more modest at 7.25%. Analysts predict a 13.83% earnings growth over the next five years.
In terms of revenue growth, KBR experienced a decline of 10.56% in the past year. This decrease may be a cause for concern, but revenue growth can fluctuate in the technology services industry.
The price-to-earnings (P/E) ratio for KBR is not available (NM), suggesting negative earnings or insignificant earnings. The price-to-sales ratio stands at 1.25, and the price-to-book ratio is 4.97.
Compared to other companies in the industry, KBR’s stock performance on October 4, 2023, was relatively stable. Tetra Tech Inc saw a minimal increase of $0.11, or 0.07%, and Stantec Inc had a slightly larger increase of $0.30, or 0.47%.
KBR’s next reporting date is set for November 2, 2023, with analysts forecasting earnings per share (EPS) of $0.76 for the current quarter. In the previous year, the company reported annual revenue of $6.6 billion and a profit of $189.0 million, resultingin a net profit margin of 2.88%.
Overall, KBR’s stock performance on October 4, 2023, was relatively stable, with minor fluctuations in price. The company’s strong earnings growth in the past year and positive earnings growth expectations for the future indicate potential opportunities for investors. However, the decline in revenue growth and the unavailability of the P/E ratio may raise some concerns. Investors should conduct thorough research and analysis before making any investment decisions.
KBR, Inc.
KBR Inc Stock Shows Positive Performance and Promising Future, with Analysts Predicting Potential Increase
On October 4, 2023, KBR Inc experienced positive stock performance. The stock closed at a price of $56.98.
According to data from CNN Money, nine analysts have provided 12-month price forecasts for KBR Inc. The median target price is $75.00, with a high estimate of $77.00 and a low estimate of $71.00. This indicates a potential increase of 31.63% from the last price of $5698.
Furthermore, a consensus among ten polled investment analysts suggests buying stock in KBR Inc. This rating has remained steady since September, indicating a consistent positive sentiment towards the company’s stock.
It is important to note that KBR Inc is scheduled to release its earnings report for the current quarter on November 2. The company is expected to report earnings per share of $0.76 and sales of $1.8 billion for the quarter.
These positive forecasts and ratings reflect the confidence and optimism of analysts and investors in KBR Inc. The projected increase in stock price suggests that the company’s performance is expected to improve in the coming months.
Investors and potential buyers of KBR Inc stock should consider these forecasts and ratings as part of their investment decision-making process. However, it is important to conduct thorough research and analysis of the company’s financials, industry trends, and market conditions before making any investment decisios.
OPEN HIGH LOW CLOSE DATE
$58.08
$58.39
$56.90
$57.82
Oct 4, 2023
$58.44
$58.83
$58.12
$58.19
Oct 3, 2023
$58.65
$59.52
$58.16
$58.57
Oct 2, 2023
$59.78
$59.97
$58.78
$58.94
Sep 29, 2023
$59.37
$59.75
$59.06
$59.47
Sep 28, 2023
$58.60
$59.25
$58.34
$59.19
Sep 27, 2023