Amentum (NYSE:AMTM) Upgraded at Wall Street Zen

Amentum (NYSE:AMTM) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

Several other research analysts have also recently issued reports on the stock. Weiss Ratings upgraded shares of Amentum from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 20th. Citizens Jmp restated a “market outperform” rating and issued a $40.00 price target on shares of Amentum in a report on Monday, April 13th. BTIG Research reaffirmed a “buy” rating and issued a $35.00 price target on shares of Amentum in a research report on Thursday, May 14th. Morgan Stanley initiated coverage on shares of Amentum in a research note on Wednesday, May 13th. They set an “equal weight” rating and a $30.00 price objective on the stock. Finally, BNP Paribas Exane started coverage on shares of Amentum in a report on Tuesday, May 26th. They set an “underperform” rating and a $22.00 price objective on the stock. Six investment 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’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $32.00.

Amentum Price Performance

Shares of AMTM stock opened at $21.64 on Friday. Amentum has a twelve month low of $20.99 and a twelve month high of $38.11. 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 stock has a fifty day simple moving average of $24.30 and a two-hundred day simple moving average of $28.38. The stock has a market capitalization of $5.29 billion, a price-to-earnings ratio of 36.06, a P/E/G ratio of 0.63 and a beta of 0.27.

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

Institutional Trading of Amentum

Hedge funds have recently modified their holdings of the company. Los Angeles Capital Management LLC purchased a new position in shares of Amentum in the 4th quarter worth approximately $26,000. Western Wealth Management LLC acquired a new stake in Amentum in the first quarter valued at approximately $33,000. NFSG Corp acquired a new stake in Amentum in the first quarter valued at approximately $35,000. Financial Consulate Inc. purchased a new position in Amentum in the fourth quarter worth $38,000. Finally, Sound Income Strategies LLC grew its holdings in Amentum by 45.3% in the fourth quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock worth $40,000 after purchasing an additional 425 shares during the last quarter. 39.93% of the stock is owned by hedge funds and other institutional investors.

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.