Equities Analysts Set Expectations for Castellum Q1 Earnings

Castellum, Inc. (NYSEAMERICAN:CTM) – Investment analysts at Maxim Group issued their Q1 2027 earnings per share estimates for Castellum in a research note issued on Monday, November 9th. Maxim Group analyst A. Klee anticipates that the company will post earnings per share of ($0.01) for the quarter. Maxim Group also issued estimates for Castellum’s Q2 2027 earnings at ($0.01) EPS and Q3 2027 earnings at ($0.01) EPS.

Castellum (NYSEAMERICAN:CTM) last announced its quarterly earnings results on Thursday, November 5th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02). Castellum had a negative net margin of 4.13% and a negative return on equity of 6.32%. The company had revenue of $14.70 million during the quarter, compared to analyst estimates of $14.90 million.

Separately, Zacks Research upgraded shares of Castellum to a “hold” rating in a research note on Tuesday, August 11th. One research analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Castellum Price Performance

Shares of NYSEAMERICAN CTM opened at $0.38 on Tuesday. The stock has a market capitalization of $35.54 million, a price-to-earnings ratio of -12.50 and a beta of -6.32. Castellum has a 12 month low of $0.34 and a 12 month high of $1.27. The firm’s 50 day simple moving average is $0.58 and its 200-day simple moving average is $0.70.

Castellum announced that its board has approved a share buyback plan on Monday, November 9th that allows the company to repurchase $6 million in shares. This repurchase authorization allows the company to repurchase up to 12.9% of its shares through open market purchases. Stock repurchase plans are usually a sign that the company’s board believes its shares are undervalued.

Insider Buying and Selling at Castellum

In other Castellum news, COO Andrew Merriman purchased 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 9th. The stock was purchased at an average price of $0.62 per share, for a total transaction of $31,000.00. Following the purchase, the chief operating officer directly owned 588,531 shares in the company, valued at approximately $364,889.22. This trade represents a 9.28% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last ninety days, insiders bought 54,492 shares of company stock valued at $33,426. 8.41% of the stock is owned by insiders.

Institutional Trading of Castellum

A hedge fund recently raised its stake in Castellum stock. Two Sigma Securities LLC grew its holdings in Castellum, Inc. (NYSEAMERICAN:CTM) by 166.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,530 shares of the company’s stock after buying an additional 25,308 shares during the quarter. Two Sigma Securities LLC’s holdings in Castellum were worth $29,000 as of its most recent SEC filing. Institutional investors and hedge funds own 3.39% of the company’s stock.

About Castellum

Castellum, Inc is a U.S.-based technology and defense contractor that provides cybersecurity, intelligence, information technology and engineering services. The company primarily serves federal government customers, including agencies and organizations involved in defense, national security and critical infrastructure.

Its offerings include cybersecurity assessments and operations, network and information technology support, intelligence analysis, electronic warfare capabilities, systems engineering and mission-support services.