SunTrust Robinson Humphrey Initiates Coverage on Engility Holdings to Buy

SunTrust Robinson Humphrey Initiates Coverage on Engility Holdings(NYSE:EGL). The shares have been rated Buy. The rating by SunTrust Robinson Humphrey was issued on Jul 21, 2016.

In a different note, Cowen & Company said it Initiates Coverage on Engility Holdings, according to a research note issued on Jun 22, 2016. The shares have been rated ‘Outperform’ by the firm.

Engility Holdings (EGL) made into the market gainers list on Wednesdays trading session with the shares advancing 0.08% or 0.02 points. Due to strong positive momentum, the stock ended at $25.64, which is also near the day’s high of $25.91. The stock began the session at $25.72 and the volume stood at 53,501 shares. The 52-week high of the shares is $35.92 and the 52 week low is $11.46. The company has a current market capitalization of $942 M and it has 3,67,49,570 shares in outstanding.

Engility Holdings(EGL) last announced its earnings results on May 5, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $522.78M. Analysts had an estimated revenue of $516.85M. Earnings per share were $0.24. Analysts had estimated an EPS of $0.20.

Several Insider Transactions has been reported to the SEC. On Jun 7, 2016, Richard B Harkey (VP, CAO, Corporate Controller) sold 4,506 shares at $23.16 per share price.Also, 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.

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