Engility Holdings Receives a Hold from Cowen & Co.By Austin Angelo
“Investors are apt to be neutral/positive to EGL’s solid Q4 execution, despite sales miss,.”
Engility Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $40.
Based on Engility Holdings’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $512 million and GAAP net loss of $16.76 million. In comparison, last year the company earned revenue of $537 million and had a GAAP net loss of $239 million.
Based on the recent corporate insider activity of 16 insiders, corporate insider sentiment is neutral on the stock. Most recently, in November 2016, Thomas Miiller, the SVP,Gen. Counsel. & Corp. Sec. of EGL sold 15,000 shares for a total of $523,050.
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Engility Holdings, Inc. engages in the development and provision of solutions for critical missions. It offers technical consulting, program and business support, engineering services, information technology, deployable communications capability system, joint range extension, shelter integration kits, and global positioning system solutions. The company was founded in July 2011 and is headquartered in Chantilly, VA.