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.

A number of equities research analysts recently issued reports on the company. B. Riley reissued a “buy” rating on shares of Engility in a research report on Friday, November 3rd. FBR & Co reaffirmed a “buy” rating and set a $40.00 price target on shares of Engility in a research report on Saturday, August 19th. Noble Financial lowered Engility from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Cowen reaffirmed a “hold” rating and set a $36.00 price target on shares of Engility in a research report on Monday, November 6th. Finally, ValuEngine raised Engility from a “hold” rating to a “buy” rating in a research report on Tuesday, September 26th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company. Engility currently has an average rating of “Hold” and an average price target of $35.00.

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.

WARNING: “$0.45 EPS Expected for Engility Holdings, Inc. (EGL) This Quarter” was originally reported by Watch List News and is the sole property of of Watch List News. If you are reading this article on another website, it was illegally stolen and reposted in violation of United States & international copyright & trademark law. The correct version of this article can be read at https://www.watchlistnews.com/0-45-eps-expected-for-engility-holdings-inc-egl-this-quarter/1766785.html.

About Engility

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.

Get a free copy of the Zacks research report on Engility (EGL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Engility (NYSE:EGL)

Receive News & Ratings for Engility Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Engility and related companies with MarketBeat.com's FREE daily email newsletter.