Engility Holdings, Inc. (NYSE:EGL) was upgraded by stock analysts at Noble Financial from a “hold” rating to a “buy” rating in a research report issued on Tuesday, The Fly reports.

EGL has been the subject of a number of other research reports. Zacks Investment Research downgraded Engility Holdings from a “hold” rating to a “sell” rating in a research report on Monday, July 17th. Cowen and Company reiterated a “hold” rating and issued a $36.00 price objective on shares of Engility Holdings in a research report on Wednesday, September 20th. BidaskClub downgraded Engility Holdings from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. ValuEngine upgraded Engility Holdings from a “hold” rating to a “buy” rating in a research report on Tuesday, September 26th. Finally, B. Riley reiterated a “buy” rating on shares of Engility Holdings in a research report on Friday, November 3rd. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company’s stock. Engility Holdings has a consensus rating of “Hold” and an average price target of $35.67.

Shares of Engility Holdings (NYSE EGL) traded down $0.11 during trading hours on Tuesday, reaching $27.05. The company had a trading volume of 165,300 shares, compared to its average volume of 128,174. Engility Holdings has a 1 year low of $25.70 and a 1 year high of $39.16. The company has a market cap of $1,000.16, a P/E ratio of 11.91 and a beta of 2.09. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.34 and a current ratio of 1.34.

Engility Holdings (NYSE:EGL) last announced its earnings results on Thursday, November 2nd. The aerospace company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.28). Engility Holdings had a net margin of 1.57% and a return on equity of 11.87%. The business had revenue of $487.10 million for the quarter, compared to the consensus estimate of $496.84 million. During the same quarter in the previous year, the company earned $0.52 EPS. Engility Holdings’s revenue for the quarter was down 4.8% compared to the same quarter last year. research analysts predict that Engility Holdings will post 2.22 EPS for the current fiscal year.

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In other news, Director William G. Tobin sold 3,000 shares of the stock in a transaction that occurred on Thursday, August 31st. The stock was sold at an average price of $30.82, for a total value of $92,460.00. Following the completion of the transaction, the director now directly owns 6,290 shares of the company’s stock, valued at approximately $193,857.80. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.57% of the stock is currently owned by company insiders.

Several institutional investors and hedge funds have recently modified their holdings of EGL. Municipal Employees Retirement System of Michigan raised its holdings in shares of Engility Holdings by 4.0% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 4,170 shares of the aerospace company’s stock worth $118,000 after buying an additional 160 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Engility Holdings in the 3rd quarter worth approximately $124,000. OxFORD Asset Management LLP acquired a new position in shares of Engility Holdings in the 2nd quarter worth approximately $206,000. Wellington Management Group LLP acquired a new position in shares of Engility Holdings in the 1st quarter worth approximately $208,000. Finally, Tudor Investment Corp ET AL raised its holdings in shares of Engility Holdings by 10.9% in the 1st quarter. Tudor Investment Corp ET AL now owns 8,100 shares of the aerospace company’s stock worth $234,000 after buying an additional 794 shares in the last quarter. 92.97% of the stock is owned by institutional investors and hedge funds.

Engility Holdings Company Profile

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.

The Fly

Analyst Recommendations for Engility Holdings (NYSE:EGL)

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