Engility (EGL) Upgraded to Buy at ValuEngine

Engility (NYSE:EGL) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday.

Several other equities research analysts also recently issued reports on EGL. Wells Fargo started coverage on shares of Engility in a research note on Friday, December 1st. They issued a “market perform” rating and a $31.00 target price for the company. Drexel Hamilton downgraded shares of Engility from a “buy” rating to a “hold” rating in a research note on Monday, December 18th. Zacks Investment Research downgraded shares of Engility from a “hold” rating to a “sell” rating in a research note on Wednesday, January 3rd. B. Riley cut their target price on shares of Engility from $40.00 to $38.00 and set a “buy” rating for the company in a research note on Friday, March 2nd. Finally, Maxim Group reiterated a “hold” rating on shares of Engility in a research note on Friday, March 2nd. Three analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $34.17.

How to Become a New Pot Stock Millionaire

EGL stock opened at $24.99 on Tuesday. Engility has a one year low of $21.19 and a one year high of $35.63. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.35 and a current ratio of 1.35. The company has a market cap of $898.67, a PE ratio of -25.50 and a beta of 1.79.

Engility (NYSE:EGL) last posted its quarterly earnings data on Thursday, March 1st. The aerospace company reported $0.54 EPS for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.11. Engility had a negative net margin of 1.82% and a positive return on equity of 12.16%. The company had revenue of $464.86 million during the quarter, compared to the consensus estimate of $464.01 million. research analysts anticipate that Engility will post 1.87 earnings per share for the current year.

A number of large investors have recently modified their holdings of EGL. SG Americas Securities LLC acquired a new stake in Engility during the third quarter worth approximately $124,000. Municipal Employees Retirement System of Michigan lifted its position in Engility by 58.8% during the third quarter. Municipal Employees Retirement System of Michigan now owns 6,620 shares of the aerospace company’s stock worth $230,000 after acquiring an additional 2,450 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new stake in Engility during the third quarter worth approximately $266,000. MetLife Investment Advisors LLC acquired a new stake in Engility during the fourth quarter worth approximately $248,000. Finally, Crossmark Global Holdings Inc. acquired a new stake in Engility during the fourth quarter worth approximately $311,000. Institutional investors and hedge funds own 95.08% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This article was published by Ticker Report and is the property of of Ticker Report. If you are accessing this article on another domain, it was stolen and republished in violation of U.S. and international trademark & copyright legislation. The correct version of this article can be accessed at https://www.tickerreport.com/banking-finance/3303421/engility-egl-upgraded-to-buy-at-valuengine.html.

About Engility

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 (NYSE:EGL)

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

Latest News

Analysts Set Iteris, Inc.  PT at $9.50
Analysts Set Iteris, Inc. PT at $9.50
Head-To-Head Contrast: CVR Energy  versus Suncor Energy
Head-To-Head Contrast: CVR Energy versus Suncor Energy
Head-To-Head Contrast: Universal Technical Institute  and The Competition
Head-To-Head Contrast: Universal Technical Institute and The Competition
Reviewing XPO Logistics  & DSV
Reviewing XPO Logistics & DSV
UpToken  Reaches 24 Hour Trading Volume of $5.54 Million
UpToken Reaches 24 Hour Trading Volume of $5.54 Million
eGold  Tops One Day Trading Volume of $0.00
eGold Tops One Day Trading Volume of $0.00


© 2006-2018 Ticker Report. Google+.