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.
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.
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.
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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