Engility Holdings, Inc. ( EGL ) saw a big move last session, as the company's shares fell by over 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This stock, trading at a volatile range of $41.98-$45.33 in the past one-month time frame, showed a sharp decline yesterday at $41.97.
This technical service provider has seen a flat track record when it comes to current year estimate revisions over the past few weeks, and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
Engility currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the same sector include Broadridge Financial Solutions, Inc.
) and CopyTele, Inc.
). All these stocks carry a Zacks Rank #2 (Buy).
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportSOTHEBYS (BID): Free Stock Analysis ReportBROADRIDGE FINL (BR): Free Stock Analysis ReportCOPYTELE INC (COPY): Get Free ReportENGILITY HLDGS (EGL): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research