Amentum (NYSE:AMTM) Issues Earnings Results

Amentum (NYSE:AMTMGet Free Report) released its quarterly earnings results on Monday. The company reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.02), FiscalAI reports. Amentum had a net margin of 0.69% and a return on equity of 11.56%. The business had revenue of $3.48 billion during the quarter, compared to analysts’ expectations of $3.47 billion. During the same quarter last year, the business posted $0.53 earnings per share. The company’s quarterly revenue was down .4% compared to the same quarter last year. Amentum updated its FY 2026 guidance to 2.250-2.450 EPS.

Amentum Trading Down 2.4%

Shares of NYSE:AMTM opened at $23.94 on Tuesday. Amentum has a 52-week low of $19.11 and a 52-week high of $38.11. The stock has a market cap of $5.84 billion, a price-to-earnings ratio of 59.86, a PEG ratio of 0.72 and a beta of 0.43. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.84. The business has a 50-day moving average price of $27.19 and a 200-day moving average price of $28.57.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of AMTM. Los Angeles Capital Management LLC purchased a new position in shares of Amentum in the fourth quarter worth about $26,000. Smartleaf Asset Management LLC raised its position in Amentum by 433.5% during the second quarter. Smartleaf Asset Management LLC now owns 1,814 shares of the company’s stock valued at $43,000 after acquiring an additional 1,474 shares in the last quarter. Riggs Asset Managment Co. Inc. purchased a new position in Amentum during the second quarter valued at approximately $46,000. Atlas Capital Advisors Inc. purchased a new position in Amentum during the fourth quarter valued at approximately $48,000. Finally, HM Payson & Co. raised its position in Amentum by 58.3% during the fourth quarter. HM Payson & Co. now owns 1,941 shares of the company’s stock valued at $56,000 after acquiring an additional 715 shares in the last quarter. 39.93% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on AMTM shares. Royal Bank Of Canada increased their price target on Amentum from $30.00 to $35.00 and gave the company a “sector perform” rating in a research note on Wednesday, February 11th. Weiss Ratings cut Amentum from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 6th. Citigroup restated an “outperform” rating on shares of Amentum in a research note on Monday, January 12th. Truist Financial raised their price objective on Amentum from $34.00 to $42.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Finally, BTIG Research restated a “buy” rating and issued a $35.00 price objective on shares of Amentum in a research note on Wednesday, February 11th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $34.91.

Get Our Latest Stock Report on AMTM

About Amentum

(Get Free Report)

Amentum is a government services provider specializing in mission-critical solutions for defense, federal civilian and commercial customers around the globe. The company delivers integrated services that span the full lifecycle of complex programs and facilities, including engineering, program and project management, logistics, operations, maintenance and environmental remediation.

Core offerings include infrastructure support, energy and facilities management, environmental solutions and nuclear services.

See Also

Earnings History for Amentum (NYSE:AMTM)

Receive News & Ratings for Amentum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amentum and related companies with MarketBeat.com's FREE daily email newsletter.