Equities research analysts forecast that Engility Holdings Inc (NYSE:EGL) will post $462.60 million in sales for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Engility’s earnings. The lowest sales estimate is $443.47 million and the highest is $471.83 million. Engility posted sales of $464.86 million during the same quarter last year, which would indicate a negative year-over-year growth rate of 0.5%. The firm is scheduled to report its next quarterly earnings results on Thursday, March 7th.

According to Zacks, analysts expect that Engility will report full year sales of $1.90 billion for the current financial year, with estimates ranging from $1.88 billion to $1.91 billion. For the next fiscal year, analysts forecast that the company will post sales of $1.94 billion, with estimates ranging from $1.91 billion to $1.97 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that cover Engility.

Engility (NYSE:EGL) last posted its quarterly earnings data on Wednesday, October 31st. The aerospace company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.08. The firm had revenue of $471.20 million during the quarter, compared to analysts’ expectations of $470.87 million. Engility had a negative net margin of 1.94% and a positive return on equity of 11.86%. The company’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.26 EPS.

Several equities research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Engility from a “hold” rating to a “strong-buy” rating and set a $36.00 price objective for the company in a research report on Thursday, November 1st. Cowen set a $36.00 price objective on shares of Engility and gave the company a “hold” rating in a research report on Wednesday, October 31st. ValuEngine cut shares of Engility from a “buy” rating to a “hold” rating in a research report on Tuesday, October 2nd. Noble Financial restated a “hold” rating on shares of Engility in a research report on Wednesday, September 12th. Finally, B. Riley raised their price objective on shares of Engility from $38.00 to $40.00 and gave the company a “buy” rating in a research report on Tuesday, September 11th. Seven research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. Engility currently has a consensus rating of “Hold” and an average price target of $37.00.

Several large investors have recently modified their holdings of EGL. Principal Financial Group Inc. grew its position in shares of Engility by 2.4% during the 1st quarter. Principal Financial Group Inc. now owns 135,293 shares of the aerospace company’s stock worth $3,301,000 after buying an additional 3,211 shares during the period. Acadian Asset Management LLC acquired a new stake in shares of Engility during the 2nd quarter worth approximately $176,000. Eqis Capital Management Inc. acquired a new stake in shares of Engility during the 2nd quarter worth approximately $240,000. Piedmont Investment Advisors LLC acquired a new stake in shares of Engility during the 2nd quarter worth approximately $127,000. Finally, Aperio Group LLC grew its position in shares of Engility by 85.9% during the 2nd quarter. Aperio Group LLC now owns 44,084 shares of the aerospace company’s stock worth $1,351,000 after buying an additional 20,366 shares during the period. Institutional investors own 89.82% of the company’s stock.

EGL opened at $31.08 on Friday. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 1.23. The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of 13.34, a P/E/G ratio of 2.78 and a beta of 2.01. Engility has a 1-year low of $21.19 and a 1-year high of $38.54.

Engility Company Profile

Engility Holdings, Inc, together with its subsidiaries, provides a range of technical services to the U.S. Department of Defense, U.S. Department of Justice, U.S. Department of State, Federal Aviation Administration, Department of Homeland Security, and space-related and intelligence community agencies.

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Earnings History and Estimates for Engility (NYSE:EGL)

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