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

Amentum Holdings, Inc. (NYSE:AMTM)’s stock price reached a new 52-week low 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.

Analysts Set New Price Targets

AMTM has been the subject of a number of recent analyst reports. Weiss Ratings raised shares of Amentum from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 20th. JPMorgan Chase & Co. decreased their price objective on shares of Amentum from $34.00 to $31.00 and set a “neutral” rating for the company in a report on Tuesday, May 26th. Royal Bank Of Canada lowered their price objective on shares of Amentum from $35.00 to $28.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 13th. Citizens Jmp restated a “market outperform” rating and issued a $40.00 target price on shares of Amentum in a research note on Monday, April 13th. Finally, Truist Financial reaffirmed a “buy” rating and set a $35.00 target price (down from $42.00) on shares of Amentum in a research report on Tuesday, May 12th. Six research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Amentum currently has a consensus rating of “Hold” and a consensus target price of $32.00.

Amentum Stock Down 0.3%

The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.83. The business has a 50-day moving average price of $24.08 and a 200-day moving average price of $28.27. The firm has a market cap of $5.13 billion, a P/E ratio of 34.98, a P/E/G ratio of 0.62 and a beta of 0.27.

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

Institutional Investors Weigh In On Amentum

Several large investors have recently modified their holdings of the business. Sound Income Strategies LLC raised its position in shares of Amentum by 45.3% in the 4th quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock worth $40,000 after acquiring an additional 425 shares in the last quarter. Maryland State Retirement & Pension System grew its holdings in Amentum by 1.6% in the fourth quarter. Maryland State Retirement & Pension System now owns 29,913 shares of the company’s stock worth $867,000 after purchasing an additional 462 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in Amentum by 35.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,853 shares of the company’s stock valued at $54,000 after buying an additional 481 shares in the last quarter. BCS Private Wealth Management Inc. raised its position in shares of Amentum by 5.0% in the 4th quarter. BCS Private Wealth Management Inc. now owns 11,999 shares of the company’s stock valued at $348,000 after purchasing an additional 575 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund raised its holdings in shares of Amentum by 1.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 35,100 shares of the company’s stock worth $1,018,000 after buying an additional 600 shares during the last quarter. Institutional investors own 39.93% of the company’s stock.

About Amentum

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.