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

A number of research analysts have weighed in on EGL shares. B. Riley reissued a “buy” rating on shares of Engility in a research note on Friday, November 3rd. ValuEngine raised shares of Engility from a “hold” rating to a “buy” rating in a research note on Tuesday, September 26th. FBR & Co reissued a “buy” rating on shares of Engility in a research note on Monday, October 16th. Jefferies Group reissued a “buy” rating and issued a $37.00 target price on shares of Engility in a research note on Friday, October 6th. Finally, Noble Financial raised shares of Engility from a “hold” rating to a “buy” rating in a research note on Tuesday, November 14th.

Engility (NYSE:EGL) traded up $1.14 on Friday, reaching $28.77. 114,680 shares of the company’s stock were exchanged, compared to its average volume of 130,526. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.34 and a quick ratio of 1.34. Engility has a twelve month low of $25.70 and a twelve month high of $35.63. The stock has a market cap of $1,020.00, a price-to-earnings ratio of 11.82 and a beta of 2.01.

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

In other news, SVP Thomas O. Miiller sold 4,483 shares of Engility stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $28.59, for a total transaction of $128,168.97. Following the sale, the senior vice president now owns 10,154 shares of the company’s stock, valued at approximately $290,302.86. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Peter Marino sold 15,000 shares of Engility stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $28.39, for a total transaction of $425,850.00. Following the sale, the director now directly owns 1,213 shares in the company, valued at approximately $34,437.07. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 23,908 shares of company stock worth $673,910. Corporate insiders own 0.57% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC purchased a new stake in shares of Engility during the 3rd quarter valued at approximately $266,000. Royce & Associates LP raised its position in shares of Engility by 44.8% during the 3rd quarter. Royce & Associates LP now owns 378,147 shares of the aerospace company’s stock valued at $13,114,000 after buying an additional 117,000 shares during the period. Wells Fargo & Company MN raised its position in shares of Engility by 54.1% during the 3rd quarter. Wells Fargo & Company MN now owns 21,945 shares of the aerospace company’s stock valued at $761,000 after buying an additional 7,706 shares during the period. Citadel Advisors LLC raised its position in shares of Engility by 54.6% during the 3rd quarter. Citadel Advisors LLC now owns 23,890 shares of the aerospace company’s stock valued at $829,000 after buying an additional 8,442 shares during the period. Finally, SG Americas Securities LLC purchased a new stake in shares of Engility during the 3rd quarter valued at approximately $124,000. 91.81% of the stock is currently owned by hedge funds and other institutional investors.

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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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