Amentum Holdings, Inc. (NYSE:AMTM – Get Free Report) has earned a consensus rating of “Hold” from the ten research firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $27.30.
A number of analysts have recently issued reports on AMTM shares. The Goldman Sachs Group increased their target price on Amentum from $21.00 to $26.00 and gave the company a “neutral” rating in a report on Wednesday, August 13th. JMP Securities restated a “market outperform” rating and issued a $30.00 target price on shares of Amentum in a report on Monday, August 18th. Royal Bank Of Canada upped their price target on shares of Amentum from $24.00 to $26.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 7th. Bank of America upped their price target on shares of Amentum from $26.00 to $27.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 13th. Finally, Truist Financial upped their price target on shares of Amentum from $24.00 to $30.00 and gave the stock a “buy” rating in a research note on Thursday, July 24th.
Get Amentum alerts:
Check Out Our Latest Stock Analysis on AMTM
Amentum Price Performance
AMTM opened at $23.85 on Friday. The stock has a fifty day moving average of $24.77 and a 200-day moving average of $21.92. The firm has a market capitalization of $5.80 billion and a P/E ratio of 61.16. Amentum has a 12-month low of $16.01 and a 12-month high of $34.50. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.97.
Amentum (NYSE:AMTM – Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.53 by $0.03. The company had revenue of $2.23 billion during the quarter, compared to analyst estimates of $3.51 billion. Amentum had a return on equity of 10.90% and a net margin of 0.41%.The company’s revenue was up 66.2% compared to the same quarter last year. Amentum has set its FY 2025 guidance at 2.050-2.200 EPS. Equities analysts forecast that Amentum will post 2.1 EPS for the current fiscal year.
Hedge Funds Weigh In On Amentum
A number of hedge funds have recently modified their holdings of the stock. Wesbanco Bank Inc. increased its stake in shares of Amentum by 1.7% in the second quarter. Wesbanco Bank Inc. now owns 24,466 shares of the company’s stock worth $578,000 after acquiring an additional 416 shares during the last quarter. Intact Investment Management Inc. increased its stake in shares of Amentum by 6.1% in the second quarter. Intact Investment Management Inc. now owns 7,319 shares of the company’s stock worth $173,000 after acquiring an additional 419 shares during the last quarter. UMB Bank n.a. boosted its holdings in Amentum by 11.6% in the second quarter. UMB Bank n.a. now owns 4,121 shares of the company’s stock worth $97,000 after purchasing an additional 430 shares in the last quarter. MAI Capital Management boosted its holdings in Amentum by 12.3% in the second quarter. MAI Capital Management now owns 4,259 shares of the company’s stock worth $101,000 after purchasing an additional 468 shares in the last quarter. Finally, Signaturefd LLC boosted its holdings in Amentum by 27.0% in the second quarter. Signaturefd LLC now owns 2,241 shares of the company’s stock worth $53,000 after purchasing an additional 477 shares in the last quarter. 39.93% of the stock is owned by institutional investors and hedge funds.
Amentum Company Profile
(Get Free Report)
Amentum Holdings, Inc provides engineering and technology solutions to address challenges in science, security, and sustainability. It serves various markets, such as energy and environment, space, intelligence, defense, civilian, commercial, and international markets. The company was incorporated in 2010 and is headquatered in Chantilly, Virginia.
Featured Articles
Five stocks we like better than Amentum
Why Understanding Call Option Volume is Essential to Successful Options Trading
Best Bang For Your Buck? 2 Bargain Stocks with 30%+ Upside
Breakout Stocks: What They Are and How to Identify Them
Football Season Is Here and DraftKings Stock Is Surging
3 REITs to Buy and Hold for the Long Term
RH Stock Slides After Mixed Earnings and Tariff Concerns