• Return to Headlines

Highest Beta in the Aerospace & Defense Industry Detected in Shares of Engility Holding (EGL, TGI, ATRO, ESL, TDY)

By David Diaz

Below are the three companies in the Aerospace & Defense industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.

Engility Holding ranks highest with a a beta of 1.6. Following is Triumph Group with a a beta of 1.5. Astronics Corp ranks third highest with a a beta of 1.4.

Esterline Tech follows with a a beta of 1.4, and Teledyne Tech rounds out the top five with a a beta of 1.3.

SmarTrend recommended that subscribers consider buying shares of Esterline Tech on July 20th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $79.65. Since that recommendation, shares of Esterline Tech have risen 53.8%. We continue to monitor Esterline Tech for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest beta engility holding triumph group astronics corp esterline tech teledyne tech