November 30, 2016 - By Richard Conner
In an analyst note made public on Tuesday morning, Engility Holdings (NYSE:EGL) stock Outperform was restate at FBR & Co.. They currently have a $40.00 price target on the stock. FBR & Co.’s price target means a potential upside of 7.32% from the company’s last close price.
Out of 9 analysts covering Engility Holdings (NYSE:EGL), 3 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 33% are positive. $40 is the highest target while $0.75 is the lowest. The $23.58 average target is -36.73% below today’s ($37.27) stock price. Engility Holdings has been the topic of 10 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The stock of Engility Holdings, Inc. (NYSE:EGL) has “Hold” rating given on Tuesday, July 28 by BB&T Capital. The stock of Engility Holdings, Inc. (NYSE:EGL) earned “Outperform” rating by FBR Capital on Tuesday, November 29. Suntrust Robinson initiated Engility Holdings, Inc. (NYSE:EGL) on Thursday, July 21 with “Buy” rating. The rating was downgraded by Paradigm Research on Thursday, April 7 to “Hold”. The rating was maintained by FBR Capital on Friday, January 22 with “Outperform”. The firm earned “Hold” rating on Monday, January 25 by Drexel Hamilton. The company was downgraded on Tuesday, November 15 by Noble Financial. The firm earned “Hold” rating on Thursday, January 21 by Maxim Group. Cowen & Co downgraded Engility Holdings, Inc. (NYSE:EGL) on Wednesday, August 17 to “Market Perform” rating. The firm has “Buy” rating by Jefferies given on Wednesday, January 20.
The stock decreased 0.43% or $0.16 during the last trading session, hitting $37.27. Engility Holdings, Inc. (NYSE:EGL) has risen 80.92% since April 27, 2016 and is uptrending. It has outperformed by 75.70% the S&P500.
Analysts await Engility Holdings, Inc. (NYSE:EGL) to report earnings on March, 2. They expect $0.49 EPS, down 25.76% or $0.17 from last year’s $0.66 per share. EGL’s profit will be $18.14M for 19.02 P/E if the $0.49 EPS becomes a reality. After $0.52 actual EPS reported by Engility Holdings, Inc. for the previous quarter, Wall Street now forecasts -5.77% negative EPS growth.
Insitutional Activity: The institutional sentiment increased to Infinity in Q2 2016. Its up Infinity, from 0 in 2016Q1. The ratio is positive, as 0 funds sold all Engility Holdings, Inc. shares owned while 0 reduced positions. 0 funds bought stakes while 0 increased positions. They now own 170 shares or 50.00% less from 340 shares in 2016Q1.
Gemmer Asset Mgmt Lc owns 145 shares or 0% of their US portfolio. Vantage Investment Advsr Limited Liability Corp owns 25 shares or 0% of their US portfolio.
Insider Transactions: Since November 16, 2016, the stock had 0 buys, and 1 insider sale for $523,050 net activity. $523,050 worth of Engility Holdings, Inc. (NYSE:EGL) shares were sold by Miiller Thomas O..
According to Zacks Investment Research, “Engility Holdings, Inc. is engaged in providing government services in engineering, professional support and mission support to customers in the U.S. Department of Defense, Federal civilian agencies and allied foreign governments. Its core offerings include SETA Support, Professional Services, Education and Training, Operational Support, Logistics, International Capacity Development and Linguistics. Engility Holdings, Inc. is headquartered in Chantilly, VA.”
Engility Holdings, Inc. (Engility), incorporated on November 18, 2011, is engaged in providing a range of engineering, technical, analytical, advisory, training, logistics and support services. The Firm offers a range of services, including technical consulting, program and business support, engineering and technology lifecycle support, information technology (IT) modernization and sustainment, supply chain services and logistics management, training and education to the United States Government personnel around the world. The Firm serves various areas, such as intelligence, space architecture and systems engineering, climate change, international capacity development, air traffic management, asymmetric threats, emergency preparedness and response, non-kinetic warfare tactics, techniques and procedures, command, control, communications, computing, intelligence, surveillance and reconnaissance (C4ISR) technology sustainment, IT modernization, modeling and simulation, and training and education.
More news for Engility Holdings, Inc. (NYSE:EGL) were recently published by: Fool.com, which released: “Engility Holdings, Inc. Stock Down 41% Today: Here’s What Happened” on January 21, 2016. Bizjournals.com‘s article titled: “Engility showing signs that ‘best value’ pivot is working” and published on November 01, 2016 is yet another important article.
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