Vertical Research lowered shares of Engility Holdings, Inc. (NYSE:EGL) from a hold rating to a sell rating in a report issued on Friday morning.

A number of other brokerages have also recently issued reports on EGL. Zacks Investment Research cut shares of Engility Holdings from a hold rating to a sell rating in a research note on Monday, July 17th. Cowen and Company reaffirmed a hold rating on shares of Engility Holdings in a research note on Tuesday, July 11th. Noble Financial cut shares of Engility Holdings from a buy rating to a hold rating in a research note on Tuesday, October 3rd. BidaskClub cut shares of Engility Holdings from a hold rating to a sell rating in a research note on Friday, July 28th. Finally, ValuEngine raised shares of Engility Holdings from a hold rating to a buy rating in a research note on Tuesday, September 26th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. Engility Holdings has an average rating of Hold and a consensus target price of $35.67.

Shares of Engility Holdings (NYSE:EGL) traded down $5.86 during trading on Friday, hitting $27.93. 766,173 shares of the stock were exchanged, compared to its average volume of 119,370. Engility Holdings has a 12 month low of $25.70 and a 12 month high of $39.16. The stock has a market cap of $1,028.52, a PE ratio of 14.55 and a beta of 2.09. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 1.37.

Engility Holdings (NYSE:EGL) last announced its quarterly earnings data 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 Holdings had a net margin of 1.57% and a return on equity of 10.08%. The business had revenue of $487.10 million during the quarter, compared to analysts’ expectations of $496.84 million. During the same period last year, the company posted $0.52 EPS. Engility Holdings’s revenue for the quarter was down 4.8% on a year-over-year basis. analysts predict that Engility Holdings will post 2.24 earnings per share for the current year.

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In other Engility Holdings news, Director William G. Tobin sold 3,000 shares of the company’s stock in a transaction 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 completion of the transaction, the director now directly owns 6,290 shares in the company, valued at approximately $193,857.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Thomas O. Miiller sold 8,000 shares of the company’s stock in a transaction on Tuesday, August 15th. The stock was 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 owns 14,637 shares of the company’s stock, valued at $454,625.22. The disclosure for this sale can be found here. Corporate insiders own 0.41% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. BlackRock Inc. raised its holdings in Engility Holdings by 7.4% in the 2nd quarter. BlackRock Inc. now owns 3,314,730 shares of the aerospace company’s stock worth $94,140,000 after purchasing an additional 228,635 shares in the last quarter. FMR LLC increased its stake in shares of Engility Holdings by 3.0% in the 2nd quarter. FMR LLC now owns 3,139,347 shares of the aerospace company’s stock worth $89,157,000 after acquiring an additional 91,414 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Engility Holdings by 11.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,192,908 shares of the aerospace company’s stock worth $33,878,000 after acquiring an additional 122,104 shares in the last quarter. Victory Capital Management Inc. increased its stake in shares of Engility Holdings by 6.2% in the 2nd quarter. Victory Capital Management Inc. now owns 1,120,356 shares of the aerospace company’s stock worth $31,818,000 after acquiring an additional 65,803 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of Engility Holdings by 3.6% in the 2nd quarter. Vanguard Group Inc. now owns 966,040 shares of the aerospace company’s stock worth $27,436,000 after acquiring an additional 33,799 shares in the last quarter. Institutional investors and hedge funds own 92.53% of the company’s stock.

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.

Analyst Recommendations for Engility Holdings (NYSE:EGL)

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