Shares of Amentum Holdings, Inc. (NYSE:AMTM – Get Free Report) have received an average rating of “Hold” from the thirteen brokerages that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $29.00.
A number of research analysts have issued reports on AMTM shares. BNP Paribas Exane raised Amentum from an “underperform” rating to a “neutral” rating and cut their price objective for the company from $21.00 to $20.00 in a report on Tuesday, October 6th. Zacks Research downgraded shares of Amentum from a “hold” rating to a “strong sell” rating in a report on Thursday, October 1st. Wall Street Zen raised shares of Amentum from a “hold” rating to a “buy” rating in a report on Sunday, September 20th. Royal Bank Of Canada reduced their price target on shares of Amentum from $28.00 to $26.00 and set a “sector perform” rating on the stock in a research report on Wednesday, August 12th. Finally, The Goldman Sachs Group set a $24.00 price objective on shares of Amentum in a research note on Thursday, August 20th.
Read Our Latest Stock Analysis on AMTM
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Stephens Inc. AR grew its stake in shares of Amentum by 3.7% during the first quarter. Stephens Inc. AR now owns 23,395 shares of the company’s stock valued at $610,000 after purchasing an additional 840 shares during the last quarter. PFG Investments LLC increased its holdings in shares of Amentum by 9.6% in the first quarter. PFG Investments LLC now owns 10,332 shares of the company’s stock valued at $269,000 after purchasing an additional 909 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Amentum by 8.3% in the first quarter. PNC Financial Services Group Inc. now owns 13,674 shares of the company’s stock valued at $357,000 after purchasing an additional 1,051 shares in the last quarter. Algert Global LLC raised its position in Amentum by 1.2% in the 2nd quarter. Algert Global LLC now owns 102,220 shares of the company’s stock worth $2,113,000 after purchasing an additional 1,210 shares during the last quarter. Finally, Western Wealth Management LLC bought a new position in Amentum in the 1st quarter worth approximately $33,000. 39.93% of the stock is owned by institutional investors and hedge funds.
Amentum Price Performance
Amentum stock opened at $21.73 on Friday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.52 and a quick ratio of 1.52. The company has a market capitalization of $5.31 billion, a PE ratio of 9.14, a price-to-earnings-growth ratio of 0.57 and a beta of 0.31. Amentum has a one year low of $17.72 and a one year high of $38.11. The business has a 50 day simple moving average of $19.69 and a 200 day simple moving average of $22.02.
Amentum (NYSE:AMTM – Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. Amentum had a return on equity of 12.19% and a net margin of 1.44%. The firm had revenue of $3.49 billion for the quarter, compared to analysts’ expectations of $3.57 billion. During the same period in the prior year, the business posted $0.56 earnings per share. The business’s revenue was down 2.0% compared to the same quarter last year. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. On average, sell-side analysts forecast that Amentum will post 2.38 EPS for the current fiscal year.
Amentum Company Profile
Amentum (NYSE: AMTM) is a government-focused engineering and technical services company that supports national security, defense, space, intelligence, energy and environmental missions. Its services include systems engineering, program management, operations and maintenance, logistics, cybersecurity, information technology, scientific research and testing, and mission support.
The company serves government customers in the United States and internationally, supporting complex programs and critical infrastructure across areas such as defense, nuclear security, aerospace, civil engineering and environmental remediation.
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