Amentum (NYSE:AMTM) Releases FY 2026 Earnings Guidance

Amentum (NYSE:AMTMGet Free Report) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 2.250-2.450 for the period, compared to the consensus estimate of 2.390. The company issued revenue guidance of $14.0 billion-$14.3 billion, compared to the consensus revenue estimate of $14.1 billion.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Weiss Ratings cut shares of Amentum from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday. Truist Financial boosted their target price on shares of Amentum from $34.00 to $42.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. Citizens Jmp reissued a “market outperform” rating and set a $40.00 target price on shares of Amentum in a report on Monday, April 13th. UBS Group boosted their target price on shares of Amentum from $33.00 to $37.00 and gave the company a “neutral” rating in a report on Thursday, January 15th. Finally, Wall Street Zen cut shares of Amentum from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. Six equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Amentum currently has an average rating of “Hold” and a consensus price target of $34.91.

Get Our Latest Stock Analysis on AMTM

Amentum Price Performance

Shares of AMTM traded down $0.59 during mid-day trading on Monday, reaching $23.94. 5,081,295 shares of the stock traded hands, compared to its average volume of 2,028,905. The firm has a fifty day moving average price of $27.42 and a 200 day moving average price of $28.55. The company has a market cap of $5.84 billion, a price-to-earnings ratio of 59.86, a price-to-earnings-growth ratio of 0.72 and a beta of 0.43. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.84. Amentum has a 1 year low of $19.11 and a 1 year high of $38.11.

Amentum (NYSE:AMTMGet Free Report) last released its quarterly earnings results on Monday, May 11th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.02. The firm had revenue of $3.48 billion during the quarter, compared to analyst estimates of $3.47 billion. Amentum had a net margin of 0.69% and a return on equity of 11.56%. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. As a group, equities research analysts predict that Amentum will post 2.34 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Invesco Ltd. grew its position in Amentum by 13.0% in the third quarter. Invesco Ltd. now owns 22,116,835 shares of the company’s stock worth $529,698,000 after acquiring an additional 2,539,594 shares in the last quarter. Primecap Management Co. CA grew its position in Amentum by 1.7% in the fourth quarter. Primecap Management Co. CA now owns 12,126,927 shares of the company’s stock worth $351,681,000 after acquiring an additional 208,341 shares in the last quarter. State Street Corp grew its position in Amentum by 7.6% in the second quarter. State Street Corp now owns 7,078,249 shares of the company’s stock worth $167,117,000 after acquiring an additional 501,898 shares in the last quarter. Ruane Cunniff & Goldfarb L.P. grew its position in Amentum by 2.0% in the second quarter. Ruane Cunniff & Goldfarb L.P. now owns 2,441,743 shares of the company’s stock worth $57,650,000 after acquiring an additional 48,704 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Amentum by 50.9% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,081,611 shares of the company’s stock worth $49,855,000 after acquiring an additional 701,859 shares in the last quarter. 39.93% of the stock is currently owned by hedge funds and other institutional investors.

Amentum Company Profile

(Get Free Report)

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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