Shares of Engility Holdings, Inc. (NYSE:EGL) have earned a consensus recommendation of “Hold” from the ten research firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $35.60.

A number of brokerages have issued reports on EGL. Noble Financial reiterated a “buy” rating on shares of Engility Holdings in a research note on Friday, August 4th. Zacks Investment Research upgraded Engility Holdings from a “sell” rating to a “hold” rating and set a $35.00 price target for the company in a research note on Monday, August 7th. Cowen and Company set a $36.00 price target on Engility Holdings and gave the stock a “hold” rating in a research note on Thursday, August 3rd. Maxim Group restated a “hold” rating on shares of Engility Holdings in a research report on Thursday, August 3rd. Finally, ValuEngine lowered Engility Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st.

COPYRIGHT VIOLATION WARNING: “Engility Holdings, Inc. (NYSE:EGL) Receives Consensus Rating of “Hold” from Brokerages” was first published by Daily Political and is the sole property of of Daily Political. If you are viewing this report on another website, it was stolen and reposted in violation of U.S. and international copyright law. The legal version of this report can be accessed at https://www.dailypolitical.com/2017/08/12/engility-holdings-inc-nyseegl-receives-consensus-rating-of-hold-from-brokerages.html.

Engility Holdings (EGL) traded down 0.52% during trading on Friday, reaching $30.34. The company had a trading volume of 52,481 shares. The firm has a market capitalization of $1.12 billion, a P/E ratio of 248.69 and a beta of 2.10. The firm’s 50-day moving average price is $29.34 and its 200 day moving average price is $28.96. Engility Holdings has a one year low of $25.70 and a one year high of $39.16.

Engility Holdings (NYSE:EGL) last issued its quarterly earnings results on Thursday, August 3rd. The aerospace company reported $0.60 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.09. Engility Holdings had a return on equity of 11.49% and a net margin of 0.22%. The business had revenue of $494.70 million during the quarter, compared to analyst estimates of $504.44 million. During the same quarter in the prior year, the business posted $0.34 EPS. Engility Holdings’s revenue for the quarter was down 7.6% compared to the same quarter last year. Equities analysts forecast that Engility Holdings will post ($0.29) earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Louisiana State Employees Retirement System raised its position in Engility Holdings by 1.4% in the first quarter. Louisiana State Employees Retirement System now owns 7,200 shares of the aerospace company’s stock valued at $208,000 after buying an additional 100 shares in the last quarter. Arizona State Retirement System raised its position in Engility Holdings by 1.1% in the first quarter. Arizona State Retirement System now owns 9,180 shares of the aerospace company’s stock valued at $266,000 after buying an additional 100 shares in the last quarter. Texas Permanent School Fund raised its position in Engility Holdings by 0.8% in the second quarter. Texas Permanent School Fund now owns 12,887 shares of the aerospace company’s stock valued at $366,000 after buying an additional 106 shares in the last quarter. Wells Fargo & Company MN raised its position in Engility Holdings by 1.0% in the first quarter. Wells Fargo & Company MN now owns 13,104 shares of the aerospace company’s stock valued at $379,000 after buying an additional 135 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan raised its position in Engility Holdings by 4.0% in the second quarter. Municipal Employees Retirement System of Michigan now owns 4,170 shares of the aerospace company’s stock valued at $118,000 after buying an additional 160 shares in the last quarter. Institutional investors own 90.88% 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.

Analyst Recommendations for Engility Holdings (NYSE:EGL)

Receive News & Ratings for Engility Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Engility Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.