$0.49 EPS Expected for Engility Holdings Inc (EGL) This Quarter

Share on StockTwits

Wall Street brokerages forecast that Engility Holdings Inc (NYSE:EGL) will report $0.49 earnings per share for the current fiscal quarter, Zacks reports. Five analysts have made estimates for Engility’s earnings, with the highest EPS estimate coming in at $0.53 and the lowest estimate coming in at $0.45. Engility posted earnings of $0.62 per share in the same quarter last year, which would suggest a negative year over year growth rate of 21%. The company is scheduled to report its next quarterly earnings results on Thursday, November 1st.

On average, analysts expect that Engility will report full year earnings of $2.02 per share for the current financial year, with EPS estimates ranging from $1.99 to $2.08. For the next financial year, analysts forecast that the firm will report earnings of $2.15 per share, with EPS estimates ranging from $2.06 to $2.28. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover Engility.

Engility (NYSE:EGL) last announced its quarterly earnings data on Wednesday, August 1st. The aerospace company reported $0.64 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.16. The firm had revenue of $488.50 million during the quarter, compared to analysts’ expectations of $472.26 million. Engility had a positive return on equity of 12.02% and a negative net margin of 1.63%. The company’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.60 EPS.

Several equities analysts have weighed in on the company. Stifel Nicolaus assumed coverage on Engility in a report on Friday, May 25th. They issued a “buy” rating and a $38.00 price objective for the company. Cowen upgraded Engility from a “market perform” rating to an “outperform” rating and set a $30.00 price target on the stock in a research note on Thursday, May 3rd. Noble Financial set a $37.00 price target on Engility and gave the company a “buy” rating in a research note on Tuesday, May 29th. ValuEngine lowered Engility from a “hold” rating to a “sell” rating in a research note on Wednesday, May 2nd. Finally, Zacks Investment Research upgraded Engility from a “hold” rating to a “buy” rating and set a $34.00 price target on the stock in a research note on Tuesday, June 26th. Six investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $37.50.

NYSE EGL traded down $0.32 during midday trading on Friday, hitting $33.29. The company had a trading volume of 115,389 shares, compared to its average volume of 136,157. The stock has a market capitalization of $1.24 billion, a PE ratio of 14.29, a P/E/G ratio of 3.33 and a beta of 1.83. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.39 and a quick ratio of 1.39. Engility has a twelve month low of $21.19 and a twelve month high of $36.51.

Several institutional investors and hedge funds have recently modified their holdings of EGL. Victory Capital Management Inc. increased its stake in shares of Engility by 12.1% in the 2nd quarter. Victory Capital Management Inc. now owns 1,143,210 shares of the aerospace company’s stock valued at $35,028,000 after purchasing an additional 123,624 shares during the last quarter. Point72 Asset Management L.P. bought a new stake in Engility during the 1st quarter worth $2,755,000. BlackRock Inc. grew its position in Engility by 3.0% during the 1st quarter. BlackRock Inc. now owns 3,647,544 shares of the aerospace company’s stock worth $89,000,000 after acquiring an additional 106,209 shares during the last quarter. James Investment Research Inc. grew its position in Engility by 786.4% during the 2nd quarter. James Investment Research Inc. now owns 77,030 shares of the aerospace company’s stock worth $2,360,000 after acquiring an additional 68,340 shares during the last quarter. Finally, Citadel Advisors LLC grew its position in Engility by 349.1% during the 1st quarter. Citadel Advisors LLC now owns 83,919 shares of the aerospace company’s stock worth $2,048,000 after acquiring an additional 65,231 shares during the last quarter. Institutional investors own 93.66% of the company’s stock.

Engility Company Profile

Engility Holdings, Inc, together with its subsidiaries, provides a range of technical services to the U.S. Department of Defense, U.S. Department of Justice, U.S. Department of State, Federal Aviation Administration, Department of Homeland Security, and space-related and intelligence community agencies.

Recommended Story: Marijuana Stocks Investing Considerations

Get a free copy of the Zacks research report on Engility (EGL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates 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

Recent Analysts’ Ratings Updates for Hellofresh
Recent Analysts’ Ratings Updates for Hellofresh
Fabrinet  Stock Rating Lowered by Needham & Company LLC
Fabrinet Stock Rating Lowered by Needham & Company LLC
Avanos Medical  Lifted to Outperform at Raymond James
Avanos Medical Lifted to Outperform at Raymond James
ASLAN PHARMACEUTICALS ADR REP 5’s  “Buy” Rating Reaffirmed at HC Wainwright
ASLAN PHARMACEUTICALS ADR REP 5’s “Buy” Rating Reaffirmed at HC Wainwright
Phore Hits Market Capitalization of $8.38 Million
Phore Hits Market Capitalization of $8.38 Million
Reviewing Timberland Bancorp  & First Connecticut Bancorp
Reviewing Timberland Bancorp & First Connecticut Bancorp


Leave a Reply

© 2006-2018 Ticker Report. Google+.