Engility Holdings, Inc. (NYSE:EGL) has been given an average rating of “Hold” by the thirteen brokerages that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $34.67.

EGL has been the subject of a number of research analyst reports. Jefferies Group reiterated a “buy” rating and set a $37.00 price target on shares of Engility in a report on Friday, October 6th. Vertical Research cut Engility from a “hold” rating to a “sell” rating in a report on Friday, November 3rd. Cowen set a $36.00 price target on Engility and gave the stock a “hold” rating in a report on Thursday, October 19th. Maxim Group reiterated a “hold” rating on shares of Engility in a report on Friday, November 3rd. Finally, Noble Financial reiterated a “hold” rating on shares of Engility in a report on Tuesday, November 7th.

In related news, Director Peter Marino sold 1,425 shares of the firm’s stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $25.25, for a total transaction of $35,981.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Thomas O. Miiller sold 4,483 shares of the firm’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $28.59, for a total value of $128,168.97. Following the transaction, the senior vice president now owns 10,154 shares of the company’s stock, valued at $290,302.86. The disclosure for this sale can be found here. Insiders have sold a total of 23,908 shares of company stock valued at $673,910 over the last 90 days. 0.57% of the stock is currently owned by company insiders.

A number of institutional investors have recently made changes to their positions in EGL. Vanguard Group Inc. boosted its holdings in Engility by 7.8% during the 1st quarter. Vanguard Group Inc. now owns 932,241 shares of the aerospace company’s stock valued at $26,979,000 after acquiring an additional 67,833 shares during the period. Geode Capital Management LLC boosted its holdings in Engility by 8.8% during the 1st quarter. Geode Capital Management LLC now owns 135,953 shares of the aerospace company’s stock valued at $3,934,000 after acquiring an additional 10,961 shares during the period. Schwab Charles Investment Management Inc. boosted its holdings in Engility by 19.1% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 83,377 shares of the aerospace company’s stock valued at $2,413,000 after acquiring an additional 13,353 shares during the period. State Street Corp boosted its holdings in Engility by 16.6% during the 1st quarter. State Street Corp now owns 554,601 shares of the aerospace company’s stock valued at $16,047,000 after acquiring an additional 79,116 shares during the period. Finally, Aperio Group LLC boosted its holdings in Engility by 3.0% during the 2nd quarter. Aperio Group LLC now owns 14,363 shares of the aerospace company’s stock valued at $408,000 after acquiring an additional 418 shares during the period. Institutional investors own 91.81% of the company’s stock.

Engility (NYSE:EGL) traded up $1.14 during midday trading on Friday, hitting $28.77. The stock had a trading volume of 114,680 shares, compared to its average volume of 130,526. The stock has a market cap of $1,020.00, a PE ratio of 11.82 and a beta of 2.01. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 1.31. Engility has a fifty-two week low of $25.70 and a fifty-two week high of $35.63.

Engility (NYSE:EGL) last released its quarterly earnings results on Thursday, November 2nd. The aerospace company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.28). The business had revenue of $487.10 million for the quarter, compared to analysts’ expectations of $496.84 million. Engility had a return on equity of 11.87% and a net margin of 1.57%. The business’s revenue for the quarter was down 4.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.52 earnings per share. analysts expect that Engility will post 2.21 EPS for the current fiscal year.

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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.

Analyst Recommendations for Engility (NYSE:EGL)

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