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Engility Holdings (NYSE:EGL) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research report issued on Wednesday. The firm currently has a $36.20 price objective on the stock. Zacks‘s price objective would indicate a potential upside of 3.02% from the company’s current price.

Separately, analysts at Noble Financial initiated coverage on shares of Engility Holdings in a research note on Monday, June 23rd. They set a “buy” rating and a $49.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $46.30.

Shares of Engility Holdings (NYSE:EGL) traded down 0.37% during mid-day trading on Wednesday, hitting $35.14. 46,523 shares of the company’s stock traded hands. Engility Holdings has a 52-week low of $27.87 and a 52-week high of $46.25. The stock has a 50-day moving average of $38.16 and a 200-day moving average of $40.83. The company has a market cap of $616.9 million and a P/E ratio of 13.99.

Engility Holdings (NYSE:EGL) last posted its quarterly earnings results on Monday, May 12th. The company reported $0.60 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.48 by $0.12. The company had revenue of $339.00 million for the quarter, compared to the consensus estimate of $367.30 million. During the same quarter last year, the company posted $0.79 earnings per share. Engility Holdings’s revenue was down 6.3% compared to the same quarter last year. Analysts expect that Engility Holdings will post $2.46 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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