Engility Holdings Now Covered by FBR Capital Markets (EGL)
Stock analysts at FBR Capital Markets assumed coverage on shares of Engility Holdings (NYSE:EGL) in a report issued on Wednesday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating and a $40.00 price target on the stock. FBR Capital Markets’ price target would suggest a potential upside of 31.88% from the stock’s previous close.
Shares of Engility Holdings (NYSE:EGL) traded up 2.57% during mid-day trading on Wednesday, hitting $30.33. 176,138 shares of the company’s stock traded hands. Engility Holdings has a 1-year low of $18.01 and a 1-year high of $35.21. The stock has a 50-day moving average of $32.20 and a 200-day moving average of $28.72. The company’s market cap is $522.0 million.
Engility Holdings (NYSE:EGL) last issued its quarterly earnings data on Monday, August 12th. The company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.06. The company had revenue of $377.00 million for the quarter, compared to the consensus estimate of $366.41 million. The company’s revenue for the quarter was down 9.8% on a year-over-year basis. Analysts expect that Engility Holdings will post $3.05 EPS for the current fiscal year.
Engility Holdings, Inc (NYSE:EGL) is a provider of systems engineering services, training, program management, and operational support for the United States Government worldwide.
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