Amentum (NYSE:AMTM) Hits New 1-Year Low – Should You Sell?

Amentum Holdings, Inc. (NYSE:AMTM)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $20.77 and last traded at $20.99, with a volume of 1867312 shares traded. The stock had previously closed at $21.06.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. reduced their price target on Amentum from $34.00 to $31.00 and set a “neutral” rating for the company in a research report on Tuesday, May 26th. BTIG Research reissued a “buy” rating and set a $35.00 price objective on shares of Amentum in a report on Thursday, May 14th. Wall Street Zen upgraded Amentum from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. Truist Financial reaffirmed a “buy” rating and set a $35.00 target price (down from $42.00) on shares of Amentum in a report on Tuesday, May 12th. Finally, Royal Bank Of Canada decreased their price target on Amentum from $35.00 to $28.00 and set a “sector perform” rating on the stock in a research report on Wednesday, May 13th. Six analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Amentum has an average rating of “Hold” and an average price target of $32.00.

Amentum Trading Down 1.6%

The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.48 and a current ratio of 1.48. The stock has a market cap of $4.90 billion, a P/E ratio of 33.42, a P/E/G ratio of 0.60 and a beta of 0.27. The stock has a 50-day moving average price of $23.79 and a 200-day moving average price of $28.14.

Amentum (NYSE:AMTM) last posted its quarterly earnings data on Monday, May 11th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.02. Amentum had a net margin of 1.04% and a return on equity of 11.74%. The company had revenue of $3.48 billion for the quarter, compared to analysts’ expectations of $3.47 billion. During the same period in the prior year, the business earned $0.53 earnings per share. Amentum’s revenue for the quarter was down .4% compared to the same quarter last year. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. On average, equities research analysts expect that Amentum Holdings, Inc. will post 2.36 EPS for the current year.

Institutional Trading of Amentum

A number of hedge funds have recently made changes to their positions in AMTM. Los Angeles Capital Management LLC bought a new position in Amentum in the fourth quarter valued at $26,000. Western Wealth Management LLC bought a new stake in Amentum during the first quarter worth about $33,000. NFSG Corp bought a new stake in Amentum during the first quarter worth about $35,000. Financial Consulate Inc. purchased a new position in shares of Amentum in the 4th quarter worth about $38,000. Finally, Sound Income Strategies LLC increased its position in shares of Amentum by 45.3% during the 4th quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock valued at $40,000 after purchasing an additional 425 shares during the last quarter. 39.93% of the stock is owned by 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.