Engility Holdings, Inc. (EGL) to Release Quarterly Earnings on Monday
Engility Holdings, Inc. (NYSE:EGL) will be announcing its earnings results before the market opens on Monday, October 30th.
Engility Holdings (NYSE:EGL) last released its quarterly earnings data on Thursday, August 3rd. The aerospace company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.09. Engility Holdings had a net margin of 0.22% and a return on equity of 11.49%. The company had revenue of $494.70 million during the quarter, compared to analyst estimates of $504.44 million. During the same quarter in the prior year, the business earned $0.34 earnings per share. The business’s quarterly revenue was down 7.6% compared to the same quarter last year. On average, analysts expect Engility Holdings to post $2.24 EPS for the current fiscal year and $2.48 EPS for the next fiscal year.
Engility Holdings, Inc. (EGL) traded up 4.10% during midday trading on Monday, hitting $34.78. 97,455 shares of the stock traded hands. The firm has a market cap of $1.28 billion, a P/E ratio of 285.08 and a beta of 2.06. The company has a 50-day moving average price of $32.91 and a 200-day moving average price of $29.73. Engility Holdings, Inc. has a 1-year low of $25.70 and a 1-year high of $39.16.
A number of research firms have issued reports on EGL. Noble Financial cut shares of Engility Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. Jefferies Group LLC reiterated a “buy” rating and issued a $37.00 target price on shares of Engility Holdings in a research note on Friday, October 6th. FBR & Co reiterated a “buy” rating on shares of Engility Holdings in a research note on Monday, October 16th. Cowen and Company set a $36.00 target price on shares of Engility Holdings and gave the company a “hold” rating in a research note on Thursday. Finally, ValuEngine upgraded shares of Engility Holdings from a “hold” rating to a “buy” rating in a research note on Tuesday, September 26th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $35.67.
In other news, Director William G. Tobin sold 3,000 shares of Engility Holdings stock in a transaction that occurred on Thursday, August 31st. The shares were sold at an average price of $30.82, for a total value of $92,460.00. Following the transaction, the director now owns 6,290 shares of the company’s stock, valued at $193,857.80. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Thomas O. Miiller sold 8,000 shares of Engility Holdings stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $31.06, for a total transaction of $248,480.00. Following the completion of the transaction, the senior vice president now directly owns 14,637 shares in the company, valued at approximately $454,625.22. The disclosure for this sale can be found here. Company insiders own 0.41% of the company’s stock.
About Engility Holdings
Engility Holdings, Inc (Engility) is a provider of systems engineering services, training, program management, and operational support for the United States Government worldwide. The Company’s business is focused on providing a range of engineering, technical, analytical, advisory, training, logistics and support services.
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