$0.45 EPS Expected for Engility Holdings, Inc. (EGL) This Quarter
Equities analysts expect Engility Holdings, Inc. (NYSE:EGL) to post earnings of $0.45 per share for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for Engility’s earnings, with estimates ranging from $0.41 to $0.49. Engility posted earnings of $0.51 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 11.8%. The firm is scheduled to announce its next earnings report on Thursday, March 8th.
According to Zacks, analysts expect that Engility will report full-year earnings of $2.21 per share for the current fiscal year, with EPS estimates ranging from $2.17 to $2.25. For the next year, analysts anticipate that the business will report earnings of $2.26 per share, with EPS estimates ranging from $2.05 to $2.40. Zacks’ EPS calculations are a mean average based on a survey of research firms that that provide coverage for Engility.
Engility (NYSE:EGL) last announced its earnings results on Thursday, November 2nd. The aerospace company reported $0.26 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.54 by ($0.28). Engility had a net margin of 1.57% and a return on equity of 11.87%. The firm had revenue of $487.10 million during the quarter, compared to analyst estimates of $496.84 million. During the same period in the prior year, the business posted $0.52 EPS. The firm’s quarterly revenue was down 4.8% compared to the same quarter last year.
In other Engility news, SVP Thomas O. Miiller sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 5th. The stock was sold at an average price of $27.97, for a total transaction of $83,910.00. Following the transaction, the senior vice president now owns 7,154 shares of the company’s stock, valued at approximately $200,097.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Peter Marino sold 1,425 shares of the business’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $25.25, for a total value of $35,981.25. The disclosure for this sale can be found here. Insiders have sold a total of 23,908 shares of company stock worth $673,910 in the last ninety days. Insiders own 0.41% of the company’s stock.
Hedge funds and other institutional investors have recently modified their holdings of the company. SG Americas Securities LLC bought a new position in shares of Engility during the 3rd quarter worth approximately $124,000. Municipal Employees Retirement System of Michigan boosted its stake in shares of Engility by 4.0% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 4,170 shares of the aerospace company’s stock worth $118,000 after acquiring an additional 160 shares during the period. OxFORD Asset Management LLP bought a new position in shares of Engility during the 2nd quarter worth approximately $206,000. Cubist Systematic Strategies LLC bought a new position in shares of Engility during the 3rd quarter worth approximately $266,000. Finally, BNP Paribas Arbitrage SA boosted its stake in shares of Engility by 28.9% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 8,777 shares of the aerospace company’s stock worth $249,000 after acquiring an additional 1,968 shares during the period. Institutional investors own 92.64% of the company’s stock.
Shares of Engility (EGL) traded up $0.48 during trading on Friday, reaching $28.44. The company had a trading volume of 592,600 shares, compared to its average volume of 130,035. Engility has a 1-year low of $25.70 and a 1-year high of $35.63. The firm has a market cap of $1,036.62, a price-to-earnings ratio of 12.35 and a beta of 2.01. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.34 and a current ratio of 1.34.
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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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