Added to YB: 2025-01-31
Pitch date: 2025-01-29
KBR [bullish]
KBR, Inc.
-20.01%
current return
Author Info
Directionally Correct Research shares is a generalist hedge fund analyst sharing stock pitches in the small to mid cap space. Sign up for the newsletter.
Company Info
KBR, Inc. provides scientific, technology, and engineering solutions to governments and commercial customers worldwide.
Market Cap
$5.3B
Pitch Price
$54.36
Price Target
85.00 (+95%)
Dividend
1.57%
EV/EBITDA
6.42
P/E
13.25
EV/Sales
0.95
Sector
Professional Services
Category
special_situation
KBR, Inc. - $KBR
KBR: Gov't contractor (70% sales) & energy tech (30%) at 10x FY25 EBITDA. 15% 3yr IRR on 2027 targets. Activist Irenic pushing STS spin-off. Re-segmentation hints at split. Sum-of-parts: MTS 11x, STS 14x EBITDA. $85 PT (+60%) by mid-2026 if split, 40% IRR. Standalone 20% IRR possible on rerate to 11x.
Read full article (4 min)