Amentum (NYSE:AMTM) Reaches New 12-Month Low – Should You Sell?

Amentum Holdings, Inc. (NYSE:AMTM)’s share price hit a new 52-week low on Tuesday . The stock traded as low as $19.73 and last traded at $19.7950, with a volume of 242028 shares. The stock had previously closed at $20.06.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Morgan Stanley set a $24.00 target price on shares of Amentum in a research report on Tuesday, August 11th. BNP Paribas Exane began coverage on shares of Amentum in a research report on Tuesday, May 26th. They issued an “underperform” rating and a $22.00 price target for the company. Zacks Research downgraded Amentum from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 19th. The Goldman Sachs Group set a $24.00 price objective on Amentum in a report on Thursday, August 20th. Finally, JPMorgan Chase & Co. cut their target price on Amentum from $31.00 to $26.00 and set a “neutral” rating for the company in a research report on Monday, August 17th. Five analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Amentum has an average rating of “Hold” and a consensus target price of $29.18.

Amentum Stock Down 4.0%

The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.79. The firm has a 50 day moving average of $21.41 and a two-hundred day moving average of $23.99. The firm has a market capitalization of $4.73 billion, a price-to-earnings ratio of 23.30, a price-to-earnings-growth ratio of 0.58 and a beta of 0.26.

Amentum (NYSE:AMTM) last issued its earnings results on Monday, August 10th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.61 by $0.06. Amentum had a return on equity of 12.19% and a net margin of 1.44%.The firm had revenue of $3.49 billion during the quarter, compared to the consensus estimate of $3.57 billion. During the same quarter in the previous year, the firm earned $0.56 earnings per share. The business’s quarterly revenue was down 2.0% on a year-over-year basis. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. As a group, sell-side analysts anticipate that Amentum Holdings, Inc. will post 2.38 EPS for the current fiscal year.

Institutional Trading of Amentum

A number of hedge funds have recently added to or reduced their stakes in the stock. Los Angeles Capital Management LLC acquired a new position in shares of Amentum during the fourth quarter worth $26,000. Global Retirement Partners LLC acquired a new stake in shares of Amentum during the 2nd quarter valued at $31,000. Western Wealth Management LLC bought a new stake in Amentum during the 1st quarter worth $33,000. NFSG Corp bought a new stake in Amentum during the 1st quarter worth $35,000. Finally, Nykredit A S bought a new stake in Amentum during the 2nd quarter worth $37,000. Institutional investors and hedge funds 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.