Somewhat Positive Media Coverage Somewhat Unlikely to Impact Engility (EGL) Share Price
Press coverage about Engility (NYSE:EGL) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Engility earned a daily sentiment score of 0.08 on Accern’s scale. Accern also assigned media coverage about the aerospace company an impact score of 45.1533802957727 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- SunTrust Banks Comments on Engility Holdings, Inc.’s FY2017 Earnings (EGL) (americanbankingnews.com)
- Brokers Issue Forecasts for Engility Holdings, Inc.’s Q4 2017 Earnings (EGL) (americanbankingnews.com)
- Engility to Announce Fourth Quarter and Full Year 2017 Financial Results… (culthub.com)
- Engility to Announce Fourth Quarter and Full Year 2017 Financial Results on March 1, 2018 (finance.yahoo.com)
- Blog Exposure – US General Services Administration Awards Engility Holdings Alliant 2 GWAC for Providing IT Services and Solutions (finance.yahoo.com)
A number of research firms have commented on EGL. B. Riley reiterated a “buy” rating on shares of Engility in a research note on Friday, November 3rd. Drexel Hamilton cut Engility from a “buy” rating to a “hold” rating in a research note on Monday, December 18th. Noble Financial cut Engility from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. Cowen reiterated a “hold” rating and issued a $36.00 price target on shares of Engility in a research note on Monday, November 6th. Finally, ValuEngine upgraded Engility from a “hold” rating to a “buy” rating in a research note on Tuesday, September 26th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $35.00.
Shares of Engility (NYSE EGL) opened at $28.48 on Wednesday. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 1.31. Engility has a 12 month low of $25.70 and a 12 month high of $35.63. The company has a market capitalization of $1,040.00, a PE ratio of 33.90 and a beta of 2.01.
Engility (NYSE:EGL) last released its quarterly earnings results on Thursday, November 2nd. The aerospace company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.28). Engility had a net margin of 1.57% and a return on equity of 11.87%. The business had revenue of $487.10 million during the quarter, compared to analysts’ expectations of $496.84 million. During the same quarter last year, the business posted $0.52 earnings per share. The company’s quarterly revenue was down 4.8% compared to the same quarter last year. equities research analysts predict that Engility will post 2.2 EPS for the current year.
In other news, SVP Thomas O. Miiller sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of $27.97, for a total value of $83,910.00. Following the completion of the transaction, the senior vice president now directly owns 7,154 shares in the company, valued at $200,097.38. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Peter Marino sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $28.39, for a total value of $425,850.00. Following the completion of the transaction, the director now owns 1,213 shares of the company’s stock, valued at $34,437.07. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 23,908 shares of company stock valued at $673,910. Company insiders own 0.57% of the company’s stock.
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Engility 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.
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