Engility Holdings Price Target Cut to $45.00 by Analysts at CRT Capital (EGL)
CRT Capital dropped their target price on shares of Engility Holdings (NYSE:EGL) from $50.00 to $45.00 in a research note issued on Friday. CRT Capital’s price objective would indicate a potential upside of 33.14% from the company’s current price.
A number of other analysts have also recently weighed in on EGL. Analysts at Zacks upgraded shares of Engility Holdings from an “underperform” rating to a “neutral” rating in a research note on Wednesday, July 30th. They now have a $36.20 price target on the stock. 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 investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $45.05.
Shares of Engility Holdings (NYSE:EGL) opened at 33.80 on Friday. Engility Holdings has a 52-week low of $27.87 and a 52-week high of $46.25. The stock’s 50-day moving average is $36.8 and its 200-day moving average is $40.51. The company has a market cap of $593.4 million and a P/E ratio of 13.47.
Engility Holdings (NYSE:EGL) last announced its earnings results on Thursday, August 7th. The company reported $0.61 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.55 by $0.06. The company had revenue of $363.70 million for the quarter, compared to the consensus estimate of $360.51 million. During the same quarter in the prior year, the company posted $0.74 earnings per share. The company’s quarterly revenue was down 3.6% on a year-over-year basis. On average, analysts predict that Engility Holdings will post $2.46 earnings per share 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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