Insiders Have Been Selling Engility Holdings, Inc. (EGL)

The surge in insider selling at Engility Holdings, Inc. (NYSE:EGL) is picking up steam with the current sell/buy ratio now at 3. EGL recorded 3 sales on the open market in the last three months. They sold nearly 192,679 shares while purchases amounted to zero shares that period. Looking even further back to 12 months, corporate insiders offloaded 10,071,952 shares when buyers snapped up 814 shares. The 12-month’s totals signify about a 12373.41-to-1 sell/buy ratio.

Miiller Thomas O. parted with a total of 3 thousand shares of Engility Holdings, Inc. (EGL) at average share price of $27.97. This insider trade in the company took place on 12/05/2017. The total for the sales was set at $83.91 thousand. After this transaction, the SVP,Gen. Counsel. & Corp. Sec. account balance stood at 7.15 thousand shares. The stock grew 4.04 percent since that insider sale. On 11/29/2017, Marino Peter, Director, sold 1.43 thousand shares at a price per share of $25.25. This removed 35.98 thousand shares from the insider’s fortune and the stock saw a 15.25 percent rally in value since the news became public. This transaction left 1.21 thousand shares in the Director account.

On 11/15/2017, SVP,Gen. Counsel. & Corp. Sec. Miiller Thomas O. performed a sale transaction worth $128.17 thousand. This sale at $28.59 each has eliminated 4.48 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded 1.78 percent increase since the transaction was reported. The insider now is left with 10.15 thousand shares remaining in the account. Marino Peter, who performs the Director job, sold 15 thousand shares for $425.85 thousand. The disposal occurred on 11/15/2017 was priced at $28.39 per share. The share price soared 2.5 percent since the reporting date. Marino Peter now left with a stake of 2.64 thousand EGL stock worth $76.77 thousand after the insider selling.

The 12-month median price target for Engility Holdings, Inc. (EGL) assigned by the analysts stands at $38.5, which represents a return potential of 32.3 percent when compared to the closing price of the stock of $29.1 on Friday, January 11. The lowest price target for the stock is $33 — slightly more than 13.4 percent from EGL’s current share price. The stock will probably climb 29.45 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $40-month high price target. This represents a whopping 37.46 percent increase from where shares are trading today.

On momentum oscillators front, ‘RSI’ has touched 48.42 on daily chart, which may remain a cause for concern. If the price breaks below $27.81 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $29.79 mark may result into a pull-back move towards $30.48 level. The stock is currently hovering around the first support level of $28.46. Below this, the next support is placed in the zone of $27.81. Till the time, the EGL stock trades above this level, bulls have nothing to fear.

Shares of Engility Holdings, Inc. (EGL) are trading at a P/E ratio of 50.05 times earnings reported for the past 12 months. The industry EGL operates in has an average P/E of 22.12. Its P/E ratio went as low as 11.9X and as high as 42.13 over the 5-year span. Further, it is sporting a 0.56 on the Price-to-Sales ratio. Compare this with the industry average P/S of 534.69. 14.5 percent is the gross profit margin for Engility Holdings, Inc. and operating margin sits at 5.9 percent. Along with this, the net profit margin is -1.9 percent.

On 11th of January, Engility Holdings, Inc. (NYSE:EGL) shares ended higher after a volatile session. The shares accumulated 0.07 points or 0.24 percent at $29.1 with a light trade volume of 6.428 million shares. After opening the session at $28.69, the shares went as high as $29.84 and as low as $28.505, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $1.07 billion and now has 36.88 million shares outstanding. Engility Holdings, Inc. (EGL) stock has lost -6.16 percent of market value in 21 trading days.

EGL stock has a trailing 3-year beta of 1.98, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was $0.62 a share in the trailing twelve months. The stock’s value has surged 2.25 percent year to date (YTD) against a rise of 2.46 percent in 12 month’s time. The company’s shares still trade -24.49 percent away from its 1-year high of $38.54 and 37.33 percent up from 52-week low of $21.19. The average consensus rating on the company is 2.3, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a sell.