News coverage about Engility Holdings (NYSE:EGL) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Engility Holdings earned a news sentiment score of 0.23 on Accern’s scale. Accern also gave media headlines about the aerospace company an impact score of 44.9528151125088 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
A number of equities research analysts have recently issued reports on EGL shares. Noble Financial reissued a “buy” rating on shares of Engility Holdings in a research report on Friday, August 4th. FBR & Co reissued a “buy” rating and set a $40.00 price target on shares of Engility Holdings in a research report on Saturday, August 19th. ValuEngine raised shares of Engility Holdings from a “hold” rating to a “buy” rating in a research report on Tuesday, September 26th. Jefferies Group LLC restated a “buy” rating and issued a $37.00 price objective on shares of Engility Holdings in a report on Friday, October 6th. Finally, Cowen and Company restated a “hold” rating on shares of Engility Holdings in a report on Tuesday, July 11th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $35.67.
Engility Holdings (NYSE EGL) traded down 3.63% during mid-day trading on Thursday, reaching $33.15. 79,609 shares of the company’s stock were exchanged. Engility Holdings has a one year low of $25.70 and a one year high of $39.16. The firm has a market capitalization of $1.22 billion, a P/E ratio of 271.72 and a beta of 2.06. The company’s 50-day moving average is $33.13 and its 200 day moving average is $29.90.
Engility Holdings (NYSE:EGL) last announced its quarterly earnings results on Thursday, August 3rd. The aerospace company reported $0.60 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.51 by $0.09. The company had revenue of $494.70 million during the quarter, compared to analyst estimates of $504.44 million. Engility Holdings had a return on equity of 11.49% and a net margin of 0.22%. The firm’s revenue was down 7.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.34 earnings per share. Equities analysts predict that Engility Holdings will post ($0.29) earnings per share for the current fiscal year.
In other news, SVP Thomas O. Miiller sold 8,000 shares of the stock in a transaction dated 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 owns 14,637 shares in the company, valued at $454,625.22. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director William G. Tobin sold 3,000 shares of the stock in a transaction dated Thursday, August 31st. The shares were 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 approximately $193,857.80. The disclosure for this sale can be found here. Corporate insiders own 0.41% of the company’s stock.
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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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