Engility Holdings Inc (NYSE:EGL) has been assigned an average recommendation of “Buy” from the twelve ratings firms that are currently covering the company, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $36.83.
A number of analysts have recently commented on the company. Noble Financial reissued a “hold” rating on shares of Engility in a research note on Wednesday, September 12th. B. Riley lifted their price target on Engility from $38.00 to $40.00 and gave the company a “buy” rating in a research note on Tuesday, September 11th. Cowen lowered Engility from an “outperform” rating to a “market perform” rating and set a $36.00 price target on the stock. in a research note on Tuesday, September 11th. ValuEngine raised Engility from a “hold” rating to a “buy” rating in a research note on Thursday, September 6th. Finally, Drexel Hamilton reissued a “hold” rating on shares of Engility in a research note on Wednesday, August 1st.
Engility stock traded up $0.75 during midday trading on Friday, reaching $35.16. The company’s stock had a trading volume of 10,118 shares, compared to its average volume of 341,670. Engility has a 52 week low of $21.19 and a 52 week high of $38.54. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 1.28. The stock has a market cap of $1.27 billion, a PE ratio of 14.77, a P/E/G ratio of 3.40 and a beta of 1.89.
Engility (NYSE:EGL) last released its earnings results on Wednesday, August 1st. The aerospace company reported $0.64 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.48 by $0.16. Engility had a positive return on equity of 12.02% and a negative net margin of 1.63%. The firm had revenue of $488.50 million for the quarter, compared to analysts’ expectations of $472.26 million. During the same quarter in the previous year, the business posted $0.60 earnings per share. The business’s revenue for the quarter was down 1.3% on a year-over-year basis. analysts expect that Engility will post 2.02 earnings per share for the current year.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Piedmont Investment Advisors LLC bought a new stake in shares of Engility during the second quarter valued at approximately $127,000. Acadian Asset Management LLC bought a new stake in shares of Engility during the second quarter valued at approximately $176,000. Barclays PLC increased its holdings in shares of Engility by 105.1% during the first quarter. Barclays PLC now owns 6,014 shares of the aerospace company’s stock valued at $147,000 after acquiring an additional 3,082 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of Engility during the second quarter valued at approximately $195,000. Finally, Laurion Capital Management LP bought a new stake in shares of Engility during the second quarter valued at approximately $208,000. Hedge funds and other institutional investors own 91.66% of the company’s stock.
Engility Holdings, Inc, together with its subsidiaries, provides a range of technical services to the U.S. Department of Defense, U.S. Department of Justice, U.S. Department of State, Federal Aviation Administration, Department of Homeland Security, and space-related and intelligence community agencies.
Featured Article: Should you buy a closed-end mutual fund?
Receive News & Ratings for Engility Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Engility and related companies with MarketBeat.com's FREE daily email newsletter.