Amentum (NYSE:AMTM – Get Free Report) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided EPS guidance of 2.400-2.500 for the period, compared to the consensus estimate of 2.410. The company issued revenue guidance of $13.8 billion-$14.0 billion, compared to the consensus revenue estimate of $14.2 billion.
Analyst Upgrades and Downgrades
AMTM has been the topic of several recent analyst reports. BTIG Research reiterated a “buy” rating and set a $35.00 target price on shares of Amentum in a report on Thursday, May 14th. Citizens Jmp reaffirmed a “market outperform” rating and set a $40.00 price target on shares of Amentum in a research report on Monday, April 13th. Zacks Research upgraded Amentum from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 21st. Wall Street Zen lowered Amentum from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Finally, Royal Bank Of Canada lowered their target price on Amentum from $35.00 to $28.00 and set a “sector perform” rating for the company in a research note on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $32.00.
View Our Latest Stock Report on Amentum
Amentum Stock Down 1.4%
Amentum (NYSE:AMTM – Get Free Report) last released its earnings results on Monday, May 11th. The company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.02. The firm had revenue of $3.48 billion during the quarter, compared to analysts’ expectations of $3.47 billion. Amentum had a return on equity of 11.74% and a net margin of 1.04%.The company’s revenue was down .4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.53 EPS. As a group, equities analysts expect that Amentum will post 2.36 earnings per share for the current year.
Institutional Investors Weigh In On Amentum
Several institutional investors have recently bought and sold shares of the company. Los Angeles Capital Management LLC acquired a new stake in shares of Amentum in the fourth quarter valued at approximately $26,000. Smartleaf Asset Management LLC boosted its holdings in Amentum by 433.5% during the second quarter. Smartleaf Asset Management LLC now owns 1,814 shares of the company’s stock worth $43,000 after purchasing an additional 1,474 shares during the last quarter. Riggs Asset Managment Co. Inc. bought a new position in Amentum in the second quarter valued at $46,000. Atlas Capital Advisors Inc. bought a new position in Amentum in the fourth quarter valued at $48,000. Finally, HM Payson & Co. increased its stake in Amentum by 58.3% in the 4th quarter. HM Payson & Co. now owns 1,941 shares of the company’s stock valued at $56,000 after buying an additional 715 shares during the last quarter. Institutional investors own 39.93% of the company’s stock.
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.
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