Q1 Earnings Forecast for Castellum Issued By Maxim Group

Castellum, Inc. (NYSEAMERICAN:CTM) – Stock analysts at Maxim Group issued their Q1 2027 earnings per share (EPS) estimates for shares of Castellum in a report released on Monday, November 9th. Maxim Group analyst A. Klee expects 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 earnings results on Thursday, November 5th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.02). Castellum had a negative return on equity of 6.32% and a negative net margin of 4.13%. The business had revenue of $14.70 million for the quarter, compared to analysts’ expectations 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.com, the stock has an average rating of “Hold”.

Castellum Trading Down 1.1%

Shares of Castellum stock opened at $0.38 on Tuesday. The firm’s 50 day simple moving average is $0.58 and its two-hundred day simple moving average is $0.70. The firm 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.

Castellum announced that its Board of Directors has authorized a stock repurchase program on Monday, November 9th that authorizes the company to buy back $6 million in shares. This buyback authorization authorizes the company to repurchase up to 12.9% of its stock through open market purchases. Share buyback programs are generally a sign that the company’s leadership believes its stock is undervalued.

Insider Activity at Castellum

In other news, COO Andrew Merriman bought 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The stock was purchased at an average price of $0.62 per share, with a total value of $31,000.00. Following the completion of the acquisition, the chief operating officer directly owned 588,531 shares of the company’s stock, valued at $364,889.22. This trade represents a 9.28% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders bought a total of 54,492 shares of company stock worth $33,426 over the last three months. Insiders own 8.41% of the company’s stock.

Hedge Funds Weigh In On Castellum

A hedge fund recently raised its stake in Castellum stock. Two Sigma Securities LLC raised its holdings in Castellum, Inc. (NYSEAMERICAN:CTM) by 166.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 40,530 shares of the company’s stock after purchasing an additional 25,308 shares during the quarter. Two Sigma Securities LLC’s holdings in Castellum were worth $29,000 at the end of the most recent reporting period. 3.39% of the stock is owned by hedge funds and other institutional investors.

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.