Equities research analysts expect that Engility Holdings, Inc. (NYSE:EGL) will announce sales of $464.01 million for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Engility’s earnings, with the lowest sales estimate coming in at $460.84 million and the highest estimate coming in at $467.20 million. Engility posted sales of $506.41 million in the same quarter last year, which suggests a negative year-over-year growth rate of 8.4%. The firm is scheduled to report its next earnings results on Thursday, March 8th.

According to Zacks, analysts expect that Engility will report full-year sales of $464.01 million for the current financial year. For the next fiscal year, analysts expect that the firm will post sales of $1.90 billion per share, with estimates ranging from $1.89 billion to $1.91 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that follow Engility.

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

EGL has been the subject of several research reports. Cowen reissued a “hold” rating and set a $36.00 price objective on shares of Engility in a research note on Wednesday, September 20th. Noble Financial reissued a “hold” rating on shares of Engility in a research note on Tuesday, November 7th. ValuEngine raised Engility from a “hold” rating to a “buy” rating in a research note on Tuesday, September 26th. B. Riley reissued a “buy” rating on shares of Engility in a research note on Friday, November 3rd. Finally, Zacks Investment Research lowered Engility from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. 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. The company presently has a consensus rating of “Hold” and an average target price of $35.00.

In other news, SVP Thomas O. Miiller sold 3,000 shares of the stock in a transaction on 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 sale, the senior vice president now owns 7,154 shares in the company, valued at $200,097.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Thomas O. Miiller sold 4,483 shares of the stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $28.59, for a total value of $128,168.97. Following the completion of the sale, the senior vice president now owns 10,154 shares of the company’s stock, valued at approximately $290,302.86. The disclosure for this sale can be found here. Insiders sold 23,908 shares of company stock valued at $673,910 in the last 90 days. Corporate insiders own 0.57% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in EGL. Vanguard Group Inc. lifted its holdings in shares of Engility by 7.8% in the first quarter. Vanguard Group Inc. now owns 932,241 shares of the aerospace company’s stock valued at $26,979,000 after purchasing an additional 67,833 shares in the last quarter. Schwab Charles Investment Management Inc. raised its holdings in shares of Engility by 19.1% during the first quarter. Schwab Charles Investment Management Inc. now owns 83,377 shares of the aerospace company’s stock worth $2,413,000 after acquiring an additional 13,353 shares in the last quarter. State Street Corp raised its holdings in shares of Engility by 16.6% during the first quarter. State Street Corp now owns 554,601 shares of the aerospace company’s stock worth $16,047,000 after acquiring an additional 79,116 shares in the last quarter. Aperio Group LLC raised its holdings in shares of Engility by 3.0% during the second quarter. Aperio Group LLC now owns 14,363 shares of the aerospace company’s stock worth $408,000 after acquiring an additional 418 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan raised its holdings in shares of Engility by 4.0% during the second quarter. Municipal Employees Retirement System of Michigan now owns 4,170 shares of the aerospace company’s stock worth $118,000 after acquiring an additional 160 shares in the last quarter. Institutional investors own 91.81% of the company’s stock.

Engility (NYSE:EGL) traded up $0.68 on Friday, hitting $27.63. The stock had a trading volume of 165,500 shares, compared to its average volume of 130,591. The company has a market cap of $1,020.00, a price-to-earnings 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 1-year low of $25.70 and a 1-year high of $35.63.

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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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Earnings History and Estimates for Engility (NYSE:EGL)

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