KBR Stock Summary and Trading Ideas (KBR | NYSE:KBR)

KBR (formerly Kellogg, Brown & Root) is global provider of technology, integrated engineering, procurement, and construction delivery, and operations and maintenance services. The company's business is organized into two segments: government solutions and sustainable technology solutions. KBR has operations in over 30 countries, and employs approximately 34,000 people. The firm generated $7 billion in revenue in 2023.

KBR trades on the NYSE stock market under the symbol KBR.

As of April 25, 2024, KBR stock price climbed to $64.59 with 241,069 million shares trading.

KBR has a beta of 0.24, meaning it tends to be less sensitive to market movements. KBR has a correlation of 0.02 to the broad based SPY ETF.

KBR has a market cap of $8.71 billion. This is considered a Mid Cap stock.

Last quarter KBR reported $2 billion in Revenue and $.69 earnings per share. This fell short of revenue expectation by $-57 million and met earnings estimates .

In the last 3 years, KBR stock traded as high as $65.87 and as low as $36.71.

The top ETF exchange traded funds that KBR belongs to (by Net Assets): IJH, VTI, VB, VBR, VXF.

KBR stock has underperformed the market in the last year with a return of +14.0%, while SPY returned +22.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in KBR shares. However, KBR has outperformed the market in the last 3 month and 2 week periods, returning +22.9% and +1.0%, while SPY returned +3.2% and -2.9%, respectively. This indicates KBR has been having a stronger performance recently.

KBR support price is $63.50 and resistance is $65.26 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KBR stock will trade within this expected range on the day.