Engility Holdings, Inc. (NYSE:EGL) SVP Thomas O. Miiller sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $27.97, for a total value of $83,910.00. Following the completion of the transaction, the senior vice president now directly owns 7,154 shares in the company, valued at $200,097.38. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Shares of Engility Holdings, Inc. (EGL) traded down $0.12 during midday trading on Friday, reaching $27.66. The company’s stock had a trading volume of 78,887 shares, compared to its average volume of 119,595. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 1.31. The company has a market cap of $1,023.00, a P/E ratio of 12.18 and a beta of 2.01. Engility Holdings, Inc. has a 52 week low of $25.70 and a 52 week high of $39.16.
Engility (NYSE:EGL) last issued its quarterly earnings results on Thursday, November 2nd. The aerospace company reported $0.26 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.54 by ($0.28). The business had revenue of $487.10 million during the quarter, compared to the consensus estimate of $496.84 million. Engility had a return on equity of 11.87% and a net margin of 1.57%. The business’s quarterly revenue was down 4.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.52 earnings per share. sell-side analysts expect that Engility Holdings, Inc. will post 2.21 earnings per share for the current year.
A number of research analysts recently weighed in on EGL shares. Maxim Group reissued a “hold” rating on shares of Engility in a research note on Friday, November 3rd. Vertical Research downgraded Engility from a “hold” rating to a “sell” rating in a research note on Friday, November 3rd. Zacks Investment Research downgraded Engility from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Noble Financial raised Engility from a “hold” rating to a “buy” rating in a research note on Tuesday, November 14th. Finally, FBR & Co reissued a “buy” rating on shares of Engility in a research note on Monday, October 16th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the stock. Engility currently has an average rating of “Hold” and a consensus price target of $35.00.
Hedge funds and other institutional investors have recently modified their holdings of the business. Municipal Employees Retirement System of Michigan increased its position in Engility by 4.0% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 4,170 shares of the aerospace company’s stock worth $118,000 after buying an additional 160 shares during the period. SG Americas Securities LLC bought a new position in Engility in the 3rd quarter worth approximately $124,000. OxFORD Asset Management LLP bought a new position in Engility in the 2nd quarter worth approximately $206,000. BNP Paribas Arbitrage SA increased its position in Engility by 28.9% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 8,777 shares of the aerospace company’s stock worth $249,000 after buying an additional 1,968 shares during the period. Finally, Cubist Systematic Strategies LLC bought a new position in Engility in the 3rd quarter worth approximately $266,000. 92.64% of the stock is currently owned by institutional investors.
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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