Engility Holdings Upgraded to “Hold” by TheStreet (EGL)
Engility Holdings (NYSE:EGL) was upgraded by stock analysts at TheStreet to a “hold” rating in a report issued on Tuesday, AnalystRatings.NET reports.
EGL has been the subject of a number of other recent research reports. Analysts at CRT Capital upgraded shares of Engility Holdings from a “fair value” rating to a “buy” rating in a research note to investors on Tuesday, December 24th. They now have a $40.00 price target on the stock. Separately, analysts at FBR & Co. initiated coverage on shares of Engility Holdings in a research note to investors on Wednesday, October 16th. They set an “outperform” rating on the stock. Finally, analysts at FBR Capital Markets initiated coverage on shares of Engility Holdings in a research note to investors on Wednesday, October 16th. They set an “outperform” rating and a $40.00 price target on the stock.
Shares of Engility Holdings (NYSE:EGL) traded up 4.07% during mid-day trading on Tuesday, hitting $38.32. The stock had a trading volume of 165,824 shares. Engility Holdings has a 1-year low of $18.31 and a 1-year high of $37.18. The stock’s 50-day moving average is $32.2 and its 200-day moving average is $31.8. The company has a market cap of $660.3 million and a P/E ratio of 8.00.
Engility Holdings (NYSE:EGL) last issued its quarterly earnings data on Tuesday, November 12th. The company reported $0.80 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.65 by $0.15. The company had revenue of $339.30 million for the quarter, compared to the consensus estimate of $373.80 million. During the same quarter last year, the company posted $0.83 earnings per share. Engility Holdings’s revenue was down 16.1% compared to the same quarter last year. Analysts expect that Engility Holdings will post $2.95 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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