Amentum Holdings, Inc. (NYSE:AMTM) Given Consensus Recommendation of "Hold" by Brokerages

Shares of Amentum Holdings, Inc. (NYSE:AMTM - Get Free Report) have received an average recommendation of "Hold" from the thirteen brokerages that are currently covering the firm, Marketbeat.com reports. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $34.9091.

AMTM has been the topic of a number of research analyst reports. Truist Financial boosted their price target on shares of Amentum from $34.00 to $42.00 and gave the company a "buy" rating in a research note on Wednesday, January 14th. BTIG Research reaffirmed a "buy" rating and set a $35.00 price objective on shares of Amentum in a research report on Wednesday, February 11th. Citizens Jmp reissued a "market outperform" rating and issued a $40.00 target price on shares of Amentum in a research report on Monday, April 13th. Weiss Ratings restated a "hold (c-)" rating on shares of Amentum in a research note on Monday, December 29th. Finally, Bank of America raised their price target on Amentum from $27.00 to $30.00 and gave the stock a "neutral" rating in a research report on Wednesday, December 31st.

Amentum Stock Performance

Shares of Amentum stock opened at $25.86 on Friday. The firm has a market cap of $6.31 billion, a PE ratio of 64.65, a price-to-earnings-growth ratio of 0.79 and a beta of 0.59. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.84. Amentum has a 52 week low of $19.11 and a 52 week high of $38.11. The business's fifty day simple moving average is $28.16 and its 200-day simple moving average is $28.40.

Amentum (NYSE:AMTM - Get Free Report) last issued its quarterly earnings data on Monday, February 9th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.02. Amentum had a net margin of 0.69% and a return on equity of 11.56%. The firm had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.32 billion. The firm's revenue for the quarter was down 5.2% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. Equities analysts forecast that Amentum will post 2.34 earnings per share for the current year.

Institutional Trading of Amentum

A number of institutional investors and hedge funds have recently bought and sold shares of the business. IFM Investors Pty Ltd acquired a new position in shares of Amentum in the first quarter valued at approximately $411,000. Cetera Investment Advisers purchased a new position in Amentum in the 2nd quarter valued at approximately $335,000. JPMorgan Chase & Co. grew its stake in shares of Amentum by 4.1% in the second quarter. JPMorgan Chase & Co. now owns 91,322 shares of the company's stock worth $2,156,000 after acquiring an additional 3,608 shares in the last quarter. M&T Bank Corp acquired a new position in shares of Amentum in the second quarter worth $241,000. Finally, Gabelli Funds LLC purchased a new stake in shares of Amentum during the second quarter worth $592,000. 39.93% of the stock is currently owned by hedge funds and other institutional investors.

Amentum Company Profile

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.

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