BNP Paribas Exane Upgrades Amentum (NYSE:AMTM) to “Strong Sell”

Amentum (NYSE:AMTM) was upgraded by equities research analysts at BNP Paribas Exane to a “strong sell” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Several other brokerages have also commented on AMTM. Royal Bank Of Canada lowered their price objective on shares of Amentum from $35.00 to $28.00 and set a “sector perform” rating on the stock in a research report on Wednesday, May 13th. Morgan Stanley initiated coverage on shares of Amentum in a research report on Wednesday, May 13th. They issued an “equal weight” rating and a $30.00 price objective on the stock. Citizens Jmp reaffirmed a “market outperform” rating and issued a $40.00 price objective on shares of Amentum in a research report on Monday, April 13th. Truist Financial reaffirmed a “buy” rating and issued a $35.00 price objective (down from $42.00) on shares of Amentum in a research report on Tuesday, May 12th. Finally, Weiss Ratings raised shares of Amentum from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. Six 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 MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $32.00.

Amentum Stock Up 1.0%

AMTM opened at $23.14 on Tuesday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.48 and a quick ratio of 1.48. The company’s 50-day moving average is $25.67 and its 200 day moving average is $28.65. Amentum has a fifty-two week low of $19.11 and a fifty-two week high of $38.11. The firm has a market capitalization of $5.65 billion, a P/E ratio of 38.57, a PEG ratio of 0.68 and a beta of 0.43.

Amentum (NYSE:AMTM) last released its quarterly earnings results on Monday, May 11th. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.02. The company had revenue of $3.48 billion for the quarter, compared to analyst estimates of $3.47 billion. Amentum had a net margin of 1.04% and a return on equity of 11.74%. The firm’s revenue was down .4% on a year-over-year basis. During the same period last year, the firm earned $0.53 earnings per share. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. Research analysts expect that Amentum will post 2.33 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Amentum

Large investors have recently modified their holdings of the business. Los Angeles Capital Management LLC purchased a new position in shares of Amentum in the fourth quarter worth about $26,000. Western Wealth Management LLC purchased a new position in shares of Amentum in the first quarter worth about $33,000. Financial Consulate Inc. purchased a new position in shares of Amentum in the fourth quarter worth about $38,000. Salomon & Ludwin LLC increased its stake in shares of Amentum by 98.6% in the fourth quarter. Salomon & Ludwin LLC now owns 1,305 shares of the company’s stock worth $41,000 after purchasing an additional 648 shares in the last quarter. Finally, NFSG Corp purchased a new position in shares of Amentum in the first quarter worth about $35,000. Hedge funds and other 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.