Engility Holdings Inc. (NYSE:EGL) shares traded down 2.8% on Tuesday . The stock traded as low as $30.98 and last traded at $31.50, with a volume of 80,872 shares traded. The stock had previously closed at $32.42.

Several research analysts have weighed in on the company. Cowen and Company cut Engility Holdings from an “outperform” rating to a “market perform” rating and set a $36.00 price objective on the stock. in a research report on Wednesday. Stifel Nicolaus increased their price objective on Engility Holdings from $34.00 to $36.00 and gave the stock a “buy” rating in a research report on Tuesday. TheStreet upgraded Engility Holdings from a “sell” rating to a “hold” rating in a research report on Monday, August 8th. Jefferies Group increased their price objective on Engility Holdings from $27.00 to $37.00 and gave the stock a “buy” rating in a research report on Friday, August 5th. Finally, Zacks Investment Research upgraded Engility Holdings from a “hold” rating to a “strong-buy” rating and set a $34.00 price objective on the stock in a research report on Tuesday, July 26th. Four investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $31.00.

The firm’s 50 day moving average is $27.77 and its 200-day moving average is $21.04. The firm’s market cap is $1.10 billion.

Engility Holdings (NYSE:EGL) last posted its quarterly earnings data on Monday, August 1st. The company reported $0.34 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.06. The business earned $535 million during the quarter, compared to analysts’ expectations of $519.69 million. The firm’s revenue for the quarter was down 6.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.51 EPS. On average, equities research analysts predict that Engility Holdings Inc. will post $1.31 EPS for the current fiscal year.

In other Engility Holdings news, CAO Richard B. Harkey sold 4,506 shares of the business’s stock in a transaction on Friday, June 3rd. The stock was sold at an average price of $23.16, for a total value of $104,358.96. Following the transaction, the chief accounting officer now owns 2,608 shares of the company’s stock, valued at $60,401.28. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

An institutional investor recently raised its position in Engility Holdings stock. First Trust Advisors LP raised its stake in Engility Holdings Inc. (NYSE:EGL) by 45.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 36,465 shares of the company’s stock after buying an additional 11,346 shares during the period. First Trust Advisors LP owned about 0.10% of Engility Holdings worth $1,184,000 as of its most recent SEC filing.

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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