Amentum (NYSE:AMTM) Hits New 52-Week Low – Should You Sell?

Amentum Holdings, Inc. (NYSE:AMTM)’s share price hit a new 52-week low during mid-day trading on Friday. The company traded as low as $17.86 and last traded at $17.93, with a volume of 411509 shares traded. The stock had previously closed at $18.48.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Morgan Stanley set a $24.00 price objective on shares of Amentum in a research note on Tuesday, August 11th. BTIG Research cut their target price on Amentum from $35.00 to $30.00 and set a “buy” rating on the stock in a research note on Wednesday, August 12th. Royal Bank Of Canada reduced their price target on Amentum from $28.00 to $26.00 and set a “sector perform” rating on the stock in a report on Wednesday, August 12th. Bank of America lowered their price target on Amentum from $35.00 to $30.00 and set a “neutral” rating for the company in a research report on Monday, July 20th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Amentum in a research report on Friday, September 18th. Five investment analysts have rated the stock with a Buy rating, seven have issued 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 a consensus price target of $29.18.

Amentum Stock Down 2.7%

The company’s fifty day simple moving average is $20.85 and its 200 day simple moving average is $22.82. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 0.79. The firm has a market capitalization of $4.40 billion, a P/E ratio of 21.64, a price-to-earnings-growth ratio of 0.52 and a beta of 0.31.

Amentum (NYSE:AMTM) last announced its earnings results on Monday, August 10th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $3.57 billion. During the same quarter in the previous year, the firm posted $0.56 EPS. The company’s revenue for the quarter was down 2.0% compared to the same quarter last year. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. Research analysts expect that Amentum Holdings, Inc. will post 2.38 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in AMTM. Security National Bank of Sioux City Iowa IA grew its stake in Amentum by 31.3% in the second quarter. Security National Bank of Sioux City Iowa IA now owns 23,326 shares of the company’s stock worth $482,000 after purchasing an additional 5,565 shares during the period. WINTON GROUP Ltd grew its position in shares of Amentum by 5.2% in the 2nd quarter. WINTON GROUP Ltd now owns 58,393 shares of the company’s stock worth $1,207,000 after buying an additional 2,893 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in shares of Amentum in the 2nd quarter worth about $50,000. Mraz Amerine & Associates Inc. increased its stake in shares of Amentum by 25.3% in the 2nd quarter. Mraz Amerine & Associates Inc. now owns 90,200 shares of the company’s stock worth $1,864,000 after acquiring an additional 18,215 shares in the last quarter. Finally, Nykredit A S bought a new position in shares of Amentum in the 2nd quarter worth about $37,000. Institutional investors own 39.93% of the company’s stock.

About Amentum

Amentum (NYSE: AMTM) is a global engineering and technical services contractor that supports government and commercial customers across defense, intelligence, space, civilian, energy and environmental markets. The company provides mission-critical services designed to help customers operate, maintain and modernize complex systems and infrastructure.

Its capabilities include systems engineering, program management, logistics, operations and maintenance, cybersecurity, digital transformation, intelligence analysis, testing and evaluation, and environmental and nuclear lifecycle services.