Amentum (AMTM) Projected to Post Quarterly Earnings on Tuesday

Amentum (NYSE:AMTM - Get Free Report) is projected to release its Q2 2025 earnings data after the market closes on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.49 per share and revenue of $3.44 billion for the quarter. Amentum has set its FY 2025 guidance at 2.000-2.200 EPS.

Amentum (NYSE:AMTM - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.06. On average, analysts expect Amentum to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Amentum Stock Up 0.8 %

Amentum stock traded up $0.18 during mid-day trading on Friday, hitting $21.87. The company had a trading volume of 1,199,037 shares, compared to its average volume of 2,816,987. Amentum has a 1 year low of $16.01 and a 1 year high of $34.47. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.59 and a current ratio of 1.59. The business has a fifty day moving average of $18.90 and a 200 day moving average of $22.13.

Insider Buying and Selling at Amentum

In other news, Director Barbara Loughran bought 4,600 shares of the firm's stock in a transaction dated Tuesday, February 18th. The stock was acquired at an average price of $21.23 per share, for a total transaction of $97,658.00. Following the acquisition, the director now owns 4,600 shares of the company's stock, valued at $97,658. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Steven J. Demetriou purchased 100,000 shares of Amentum stock in a transaction on Wednesday, February 12th. The shares were acquired at an average cost of $20.81 per share, for a total transaction of $2,081,000.00. Following the completion of the transaction, the insider now owns 620,893 shares of the company's stock, valued at $12,920,783.33. This represents a 19.20 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 18.67% of the stock is currently owned by insiders.

Analysts Set New Price Targets

AMTM has been the subject of a number of research analyst reports. Morgan Stanley assumed coverage on Amentum in a research report on Wednesday, April 16th. They issued an "underweight" rating and a $19.00 target price for the company. BTIG Research started coverage on shares of Amentum in a report on Tuesday, April 15th. They issued a "buy" rating and a $30.00 target price on the stock. Cantor Fitzgerald raised Amentum to a "hold" rating in a report on Tuesday, February 25th. Truist Financial dropped their target price on shares of Amentum from $31.00 to $24.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, The Goldman Sachs Group started coverage on shares of Amentum in a research report on Thursday, March 20th. They issued a "neutral" rating and a $21.00 price objective on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $24.71.

About Amentum

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.