Engility Holdings Inc. (NYSE:EGL) had its price objective increased by FBR & Co from $35.00 to $40.00 in a research report issued on Tuesday. The brokerage currently has an “outperform” rating on the stock. FBR & Co’s price target points to a potential upside of 6.87% from the stock’s current price.

Several other equities research analysts have also weighed in on EGL. TheStreet lowered Engility Holdings from a “hold” rating to a “sell” rating in a research report on Friday, November 4th. Jefferies Group boosted their target price on Engility Holdings from $27.00 to $37.00 and gave the stock a “buy” rating in a report on Friday, August 5th. Noble Financial downgraded Engility Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, November 15th. Cowen and Company downgraded Engility Holdings from an “outperform” rating to a “market perform” rating and set a $36.00 target price on the stock. in a report on Wednesday, August 17th. Finally, Stifel Nicolaus boosted their target price on Engility Holdings from $34.00 to $36.00 and gave the stock a “buy” rating in a report on Tuesday, August 16th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $31.63.

Analyst Recommendations for Engility Holdings (NYSE:EGL)

Shares of Engility Holdings (NYSE:EGL) opened at 37.43 on Tuesday. The stock’s market capitalization is $1.38 billion. The stock’s 50 day moving average price is $31.73 and its 200 day moving average price is $28.36. Engility Holdings has a 12 month low of $11.46 and a 12 month high of $38.40.

Engility Holdings (NYSE:EGL) last released its quarterly earnings results on Tuesday, November 1st. The company reported $0.52 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.14. Engility Holdings had a positive return on equity of 9.35% and a negative net margin of 12.16%. The company had revenue of $511.80 million for the quarter, compared to analyst estimates of $42.67 million. During the same period in the previous year, the company posted $0.61 earnings per share. The firm’s revenue was down 10.3% on a year-over-year basis. Analysts expect that Engility Holdings will post ($0.43) EPS for the current year.

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Several hedge funds and other institutional investors have recently bought and sold shares of EGL. American International Group Inc. boosted its position in Engility Holdings by 0.4% in the third quarter. American International Group Inc. now owns 13,345 shares of the company’s stock valued at $420,000 after buying an additional 54 shares in the last quarter. Municipal Employees Retirement System of Michigan boosted its position in Engility Holdings by 1.6% in the third quarter. Municipal Employees Retirement System of Michigan now owns 3,830 shares of the company’s stock valued at $121,000 after buying an additional 60 shares in the last quarter. Guggenheim Capital LLC boosted its position in Engility Holdings by 0.6% in the second quarter. Guggenheim Capital LLC now owns 32,470 shares of the company’s stock valued at $685,000 after buying an additional 179 shares in the last quarter. Texas Permanent School Fund boosted its position in Engility Holdings by 1.8% in the third quarter. Texas Permanent School Fund now owns 13,446 shares of the company’s stock valued at $424,000 after buying an additional 239 shares in the last quarter. Finally, California State Teachers Retirement System boosted its position in Engility Holdings by 1.1% in the third quarter. California State Teachers Retirement System now owns 38,191 shares of the company’s stock valued at $1,203,000 after buying an additional 400 shares in the last quarter. Hedge funds and other institutional investors own 93.95% 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.

5 Day Chart for NYSE:EGL

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