Engility Holdings (EGL) is Reiterated by FBR Capital to Outperform, Raises Price Target to $ 35

Engility Holdings (EGL) was Reiterated by FBR Capital to “Outperform” according to the research note released today. The brokerage firm has raised the Price Target to $ 35 from a previous price target of $25 . FBR Capital advised their investors in a research report released on Jul 26, 2016.

Many Wall Street Analysts have commented on Engility Holdings. 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 $0.24 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on May 5, 2016. Analyst had a consensus of $0.20. The company had revenue of $53.00 million for the quarter, compared to analysts expectations of $516.85 million. The company’s revenue was down -86.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.40 EPS.

Engility Holdings opened for trading at $25.72 and hit $25.91 on the upside on Wednesday, eventually ending the session at $25.64, with a gain of 0.08% or 0.02 points. The heightened volatility saw the trading volume jump to 53,501 shares. Company has a market cap of $942 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.

Engility Holdings

Leave a Reply

Engility Holdings - Is it time to Sell?

Top Brokerage Firms are advising their investors on Engility Holdings. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.