Engility Holdings, Inc. (NYSE:EGL) posted its earnings results on Thursday. The aerospace company reported $0.26 EPS for the quarter, missing the Zacks’ consensus estimate of $0.54 by ($0.28), Briefing.com reports. The business had revenue of $487.10 million during the quarter, compared to the consensus estimate of $496.84 million. Engility Holdings had a return on equity of 10.08% and a net margin of 1.57%. The firm’s revenue for the quarter was down 4.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.52 EPS.
Shares of Engility Holdings (NYSE:EGL) traded down $5.86 on Friday, hitting $27.93. The company had a trading volume of 767,180 shares, compared to its average volume of 119,370. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 1.37. Engility Holdings has a one year low of $25.70 and a one year high of $39.16. The company has a market capitalization of $1,028.52, a price-to-earnings ratio of 14.55 and a beta of 2.09.
EGL has been the subject of a number of research analyst reports. Cowen and Company reissued a “hold” rating on shares of Engility Holdings in a report on Tuesday, July 11th. Zacks Investment Research lowered Engility Holdings from a “hold” rating to a “sell” rating in a report on Monday, July 17th. BidaskClub lowered Engility Holdings from a “hold” rating to a “sell” rating in a report on Friday, July 28th. ValuEngine lowered Engility Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Finally, Maxim Group reissued a “hold” rating on shares of Engility Holdings in a report on Thursday, August 3rd. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $35.67.
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In related news, Director William G. Tobin sold 3,000 shares of Engility Holdings stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $30.82, for a total value of $92,460.00. Following the completion of the sale, the director now owns 6,290 shares of the company’s stock, valued at $193,857.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Thomas O. Miiller sold 8,000 shares of Engility Holdings stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $31.06, for a total value of $248,480.00. Following the completion of the sale, the senior vice president now directly owns 14,637 shares of the company’s stock, valued at approximately $454,625.22. The disclosure for this sale can be found here. Insiders own 0.41% of the company’s stock.
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.
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