Amentum (NYSE:AMTM) Issues FY 2025 Earnings Guidance

Key Points

• Amentum has updated its FY 2025 earnings guidance, projecting an earnings per share of $2.050-$2.200 and revenue of $14.0 billion-$14.2 billion, in line with consensus estimates.
• Analysts recently increased their price targets for Amentum, with Truist Financial and BTIG Research both setting targets of $30.00 and rating the stock as a "buy."
• Amentum's shares have recently seen a 3.4% increase in trading, reaching $25.32, with an average trading volume of nearly 2 million shares.

Amentum (NYSE:AMTM - Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 2.050-2.200 for the period, compared to the consensus earnings per share estimate of 2.143. The company issued revenue guidance of $14.0 billion-$14.2 billion, compared to the consensus revenue estimate of $14.0 billion.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Morgan Stanley assumed coverage on Amentum in a research report on Wednesday, April 16th. They set an "underweight" rating and a $19.00 price target for the company. Truist Financial raised their price target on shares of Amentum from $24.00 to $30.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Royal Bank Of Canada lifted their target price on shares of Amentum from $24.00 to $26.00 and gave the company a "sector perform" rating in a research note on Thursday. BTIG Research initiated coverage on Amentum in a research report on Tuesday, April 15th. They set a "buy" rating and a $30.00 target price for the company. Finally, Citizens Jmp assumed coverage on shares of Amentum in a research report on Monday, May 12th. They set an "outperform" rating and a $30.00 target price for the company. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $26.11.

Amentum Price Performance

Shares of NYSE AMTM traded down $0.18 during trading hours on Thursday, hitting $25.56. 723,208 shares of the stock were exchanged, compared to its average volume of 2,285,496. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.56 and a current ratio of 1.56. The company has a market cap of $6.22 billion and a PE ratio of 65.69. Amentum has a 1-year low of $16.01 and a 1-year high of $34.50. The company's fifty day simple moving average is $23.51 and its two-hundred day simple moving average is $21.20.

Amentum (NYSE:AMTM - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.56 EPS for the quarter, beating analysts' consensus estimates of $0.53 by $0.03. The business had revenue of $2.23 billion during the quarter, compared to analyst estimates of $3.51 billion. Amentum had a return on equity of 10.91% and a net margin of 0.41%. Amentum's revenue was up 66.2% compared to the same quarter last year. On average, sell-side analysts predict that Amentum will post 2.1 EPS for the current year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Amentum stock. IFM Investors Pty Ltd purchased a new position in Amentum Holdings, Inc. (NYSE:AMTM - Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 22,603 shares of the company's stock, valued at approximately $411,000. Hedge funds and other institutional investors own 39.93% of the company's stock.

Amentum Company Profile

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.