Amentum (NYSE:AMTM) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Amentum (NYSE:AMTM) from a hold rating to a buy rating in a research note published on Saturday.

A number of other equities research analysts have also issued reports on AMTM. Truist Financial upped their price target on Amentum from $34.00 to $42.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Weiss Ratings reissued a “hold (c-)” rating on shares of Amentum in a report on Monday, December 29th. Citigroup reaffirmed an “outperform” rating on shares of Amentum in a research note on Monday, January 12th. UBS Group raised their target price on shares of Amentum from $33.00 to $37.00 and gave the stock a “neutral” rating in a report on Thursday, January 15th. Finally, BTIG Research reaffirmed a “buy” rating and set a $35.00 price target on shares of Amentum in a research note on Wednesday, February 11th. Six investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $34.91.

Amentum Stock Down 1.8%

Amentum stock opened at $27.41 on Friday. The stock has a fifty day moving average of $32.51 and a 200 day moving average of $27.83. Amentum has a one year low of $16.01 and a one year high of $38.11. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.42 and a current ratio of 1.42. The stock has a market cap of $6.69 billion, a PE ratio of 68.53, a price-to-earnings-growth ratio of 0.82 and a beta of 0.25.

Amentum (NYSE:AMTM) last issued its quarterly earnings results on Monday, February 9th. The company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.02. Amentum had a return on equity of 11.56% and a net margin of 0.69%.The business had revenue of $3.24 billion during the quarter, compared to analysts’ expectations of $3.32 billion. The company’s revenue was down 5.2% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, sell-side analysts predict that Amentum will post 2.1 EPS for the current year.

Institutional Trading of Amentum

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Los Angeles Capital Management LLC acquired a new position in Amentum in the 4th quarter worth approximately $26,000. Blue Trust Inc. lifted its stake in Amentum by 116.5% during the 3rd quarter. Blue Trust Inc. now owns 1,204 shares of the company’s stock valued at $29,000 after acquiring an additional 648 shares during the period. Mather Group LLC. purchased a new stake in shares of Amentum in the 3rd quarter valued at $32,000. Financial Consulate Inc. purchased a new stake in shares of Amentum in the 4th quarter valued at $38,000. Finally, Sound Income Strategies LLC increased its stake in shares of Amentum by 45.3% in the fourth quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock worth $40,000 after acquiring an additional 425 shares during the period. Institutional investors and hedge funds 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.