Last Updated: 16 Sep 2024
Executive Summary
KBR Inc. (KBR) is a leading provider of engineering, science, and technology solutions to governments and commercial customers worldwide. The company has a strong track record of profitability and growth, and is well-positioned to benefit from the growing demand for infrastructure and technology services. The stock is currently trading at $62.23, below its 52-week high of $69.50. Based on our analysis, we believe that KBR is a good long-term investment opportunity.
Company Overview
KBR was founded in 1943 and is headquartered in Houston, Texas. The company has operations in over 40 countries and employs over 40,000 people. KBR's core businesses include:
Engineering and construction
Government services
Technology solutions
The company's customers include government agencies, oil and gas companies, and other commercial enterprises.
Fundamental Analysis
KBR has a strong financial profile. The company has a healthy balance sheet with low debt and ample liquidity. KBR also has a strong track record of profitability, with EBITDA margins consistently above 10%. The company's revenue has grown steadily in recent years, and is expected to continue to grow in the future.
Technical Analysis
The technical analysis of KBR's stock price shows that the stock is currently in a downtrend. The stock has been trading below its 50-day and 200-day moving averages for the past several months. However, the stock is showing signs of bottoming out, and could be poised for a rebound.
Short Term Outlook
In the short term, we believe that KBR's stock price could continue to trade sideways or slightly lower. However, we believe that the stock is undervalued and could be a good buying opportunity for investors with a long-term horizon.
Long Term Outlook
We believe that KBR is a good long-term investment opportunity. The company has a strong track record of profitability and growth, and is well-positioned to benefit from the growing demand for infrastructure and technology services. We believe that KBR's stock price could reach $79 in the next 12 months.
Analyst Recommendations
The analyst consensus on KBR is positive. Three analysts have a strong buy rating on the stock, seven have a buy rating, and none have a sell rating. The average analyst target price is $79.
