Amentum (NYSE:AMTM) Updates FY25 Earnings Guidance

Amentum (NYSE:AMTM) issued an update on its FY25 earnings guidance on Monday morning. The company provided EPS guidance of $2.00-2.20 for the period, compared to the consensus EPS estimate of $1.41. The company issued revenue guidance of $13.80-14.20 billion, compared to the consensus revenue estimate of $13.98 billion. Amentum also updated its FY 2025 guidance to 2.000-2.200 EPS.

Amentum Stock Up 3.3 %

NYSE:AMTM opened at $23.81 on Tuesday. The business’s 50 day moving average price is $26.99. Amentum has a 1-year low of $21.24 and a 1-year high of $34.50.

Analyst Upgrades and Downgrades

Several research firms recently commented on AMTM. Truist Financial initiated coverage on shares of Amentum in a research note on Monday, October 14th. They issued a “buy” rating and a $31.00 price target on the stock. Raymond James initiated coverage on shares of Amentum in a report on Thursday, November 21st. They issued an “outperform” rating and a $30.00 target price on the stock.

Amentum Company Profile

Amentum Holdings, Inc provides engineering and technology solutions to address challenges in science, security, and sustainability. It serves various markets, such as energy and environment, space, intelligence, defense, civilian, commercial, and international markets. The company was incorporated in 2010 and is headquatered in Chantilly, Virginia.