Noble Financial upgraded shares of Engility Holdings, Inc. (NYSE:EGL) from a hold rating to a buy rating in a research note released on Tuesday.

EGL has been the topic of a number of other research reports. Jefferies Group LLC reissued a buy rating and issued a $37.00 price target on shares of Engility Holdings in a research note on Friday, October 6th. FBR & Co reissued a buy rating and issued a $40.00 price target on shares of Engility Holdings in a research note on Saturday, August 19th. Vertical Research cut Engility Holdings from a hold rating to a sell rating in a research note on Friday, November 3rd. ValuEngine cut Engility Holdings from a buy rating to a hold rating in a research note on Tuesday, August 1st. Finally, 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, October 19th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of $35.67.

Shares of Engility Holdings (NYSE EGL) traded down $0.85 during trading on Tuesday, reaching $27.86. 111,699 shares of the company’s stock traded hands, compared to its average volume of 129,019. 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 Holdings has a 12-month low of $25.70 and a 12-month high of $39.16. The company has a market capitalization of $1,030.00, a PE ratio of 11.75 and a beta of 2.09.

Engility Holdings (NYSE:EGL) last issued its quarterly 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). The company had revenue of $487.10 million during the quarter, compared to analysts’ expectations of $496.84 million. Engility Holdings had a return on equity of 11.87% and a net margin of 1.57%. The company’s revenue for the quarter was down 4.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.52 EPS. equities research analysts anticipate that Engility Holdings will post 2.22 EPS for the current fiscal year.

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In other Engility Holdings news, Director William G. Tobin sold 3,000 shares of Engility Holdings stock in a transaction dated Thursday, August 31st. The stock was sold at an average price of $30.82, for a total transaction of $92,460.00. Following the transaction, the director now owns 6,290 shares of the company’s stock, valued at approximately $193,857.80. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Peter Marino sold 15,000 shares of Engility Holdings stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $28.39, for a total value of $425,850.00. Following the transaction, 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 22,483 shares of company stock worth $646,479. Company insiders own 0.41% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Thrivent Financial For Lutherans grew its stake in shares of Engility Holdings by 6.5% in the 2nd quarter. Thrivent Financial For Lutherans now owns 10,622 shares of the aerospace company’s stock valued at $302,000 after buying an additional 650 shares in the last quarter. Aperio Group LLC grew its stake in shares of Engility Holdings by 3.0% in the 2nd quarter. Aperio Group LLC now owns 14,363 shares of the aerospace company’s stock valued at $408,000 after buying an additional 418 shares in the last quarter. FMR LLC grew its stake in shares of Engility Holdings by 3.0% in the 2nd quarter. FMR LLC now owns 3,139,347 shares of the aerospace company’s stock valued at $89,157,000 after buying an additional 91,414 shares in the last quarter. Schwab Charles Investment Management Inc. grew its stake in shares of Engility Holdings by 19.1% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 83,377 shares of the aerospace company’s stock valued at $2,413,000 after buying an additional 13,353 shares in the last quarter. Finally, Victory Capital Management Inc. grew its stake in shares of Engility Holdings by 6.2% in the 2nd quarter. Victory Capital Management Inc. now owns 1,120,356 shares of the aerospace company’s stock valued at $31,818,000 after buying an additional 65,803 shares in the last quarter. 92.97% of the stock is owned by institutional investors and hedge funds.

About Engility Holdings

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)

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