Engility Holdings (EGL) was Reiterated by Stifel to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 36 from a previous price target of $34 . Stifel advised their investors in a research report released on Aug 16, 2016.
Many Wall Street Analysts have commented on Engility Holdings. Company shares were Reiterated by FBR Capital on Jul 26, 2016 to “Outperform”, Firm has raised the Price Target to $ 35 from a previous price target of $25 .SunTrust Initiated Engility Holdings on Jul 21, 2016 to “Buy”, Price Target of the shares are set at $30.
On the company’s financial health, Engility Holdings reported $0.34 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Aug 1, 2016. Analyst had a consensus of $0.26. The company had revenue of $535.90 million for the quarter, compared to analysts expectations of $524.80 million. The company’s revenue was down -6.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.51 EPS.
Engility Holdings opened for trading at $31.91 and hit $32.51 on the upside on Monday, eventually ending the session at $32.42, with a gain of 1.38% or 0.44 points. The heightened volatility saw the trading volume jump to 3,22,138 shares. Company has a market cap of $1,192 M.
In a different news, on Jun 7, 2016, Richard B Harkey (VP, CAO, Corporate Controller) sold 4,506 shares at $23.16 per share price. According to the SEC, on Apr 5, 2016, Lynn A Dugle (CEO) purchased 8,102 shares at $18.25 per share price. On Mar 23, 2016, John P Hynes (COO) purchased 3,330 shares at $18.06 per share price, according to the Form-4 filing with the securities and exchange commission.