Amentum (NYSE:AMTM) Sets New 12-Month Low - What's Next?

Key Points

• Amentum shares hit a new 52-week low of $19.80 and were recently trading near $19.93, below both their 50-day and 200-day moving averages.
• Analyst sentiment is cautious: the stock has a consensus “Hold” rating, with 7 Holds, 5 Buys and 1 Sell, while the average price target is $29.18.
• Amentum beat quarterly EPS expectations, reporting $0.67 versus $0.61 expected, but revenue fell 2% year over year to $3.49 billion; full-year 2026 EPS guidance is $2.40–$2.50.

Shares of Amentum Holdings, Inc. (NYSE:AMTM - Get Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as $19.80 and last traded at $19.9290, with a volume of 113712 shares traded. The stock had previously closed at $19.99.

Analyst Ratings Changes

AMTM has been the topic of a number of research reports. The Goldman Sachs Group set a $24.00 target price on shares of Amentum in a research report on Thursday, August 20th. Weiss Ratings cut Amentum from a "hold (c)" rating to a "hold (c-)" rating in a research report on Tuesday, June 23rd. Royal Bank Of Canada decreased their target price 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. JPMorgan Chase & Co. lowered their price target on shares of Amentum from $31.00 to $26.00 and set a "neutral" rating on the stock in a research note on Monday, August 17th. Finally, Zacks Research cut shares of Amentum from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 19th. Five research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $29.18.

Amentum Stock Up 0.9%

The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.52 and a current ratio of 1.52. The firm's 50-day moving average is $21.47 and its 200 day moving average is $24.52. The firm has a market capitalization of $4.93 billion, a PE ratio of 24.24, a price-to-earnings-growth ratio of 0.59 and a beta of 0.30.

Amentum (NYSE:AMTM - Get Free Report) last posted its earnings results on Monday, August 10th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.06. Amentum had a net margin of 1.44% and a return on equity of 12.19%. The firm had revenue of $3.49 billion during the quarter, compared to the consensus estimate of $3.57 billion. During the same period last year, the firm posted $0.56 EPS. The firm's revenue for the quarter was down 2.0% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. As a group, research analysts forecast that Amentum Holdings, Inc. will post 2.38 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Amentum

Several hedge funds have recently bought and sold shares of AMTM. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Amentum during the second quarter valued at $401,000. California State Teachers Retirement System lifted its stake in shares of Amentum by 1,952.1% during the second quarter. California State Teachers Retirement System now owns 3,787,219 shares of the company's stock valued at $78,282,000 after buying an additional 3,602,664 shares during the period. Ameritas Advisory Services LLC purchased a new position in shares of Amentum during the second quarter valued at approximately $553,000. Troluce Capital Advisors LLC boosted its position in Amentum by 256.5% during the second quarter. Troluce Capital Advisors LLC now owns 3,565,399 shares of the company's stock worth $73,697,000 after acquiring an additional 2,565,399 shares during the last quarter. Finally, AXQ Capital LP acquired a new stake in Amentum during the second quarter worth approximately $742,000. Hedge funds and other institutional investors own 39.93% of the company's stock.

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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