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KBR, Inc. (KBR) in Focus: Stock Tanks 13.5%
March 03, 2014

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KBR, Inc. (KBR - Free Report) saw a big move last session, as the company’s shares fell nearly 14% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for KBR as the stock is now down almost 13% since Feb 20.

This supplier of onshore and offshore oil and natural gas production facilities has seen a flat track record when it comes to current year estimate revisions, as there has been no revision on either side over the past few weeks. The consensus for earnings estimate hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

KBR currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Some better-ranked stocks in the engineering/ R&D services industry include AECOM Technology Corporation (ACM - Free Report) and Quanta Services, Inc. (PWR - Free Report) . Both carry a Zacks Rank #2 (Buy).

Investors interested in the Industrial Products sector may consider better-ranked stock like Ball Corporation (BLL - Free Report) which holds a Zacks Rank #1 (Strong Buy).

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