Jun. 10 at 10:05 PM
$KBR pretty much just staying steady with the market. I’m sitting at the
$31.50 average. I’m content to just keep adding on the dips from this point.
We have an easy
$50-
$70 valuation here based on forecasted earnings. Again, annual revenue is 2x market cap, and the backlog is now at around
$32 billion which is 8x entire market value. Annual EPS projected to be close to close to
$4, which when you multiply it to their historical P/E, the intrinsic value could be as high as
$80 per share potentially. Even if they don’t hit the target, it’s still eventually a
$50-
$70 value, EASY..
