Amentum (NYSE:AMTM) Hits New 12-Month Low – Time to Sell?

Amentum Holdings, Inc. (NYSE:AMTM)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as $21.00 and last traded at $21.0430, with a volume of 141201 shares. The stock had previously closed at $21.50.

Analysts Set New Price Targets

A number of equities analysts have recently commented on AMTM shares. JPMorgan Chase & Co. dropped their target price on Amentum from $34.00 to $31.00 and set a “neutral” rating for the company in a report on Tuesday, May 26th. Royal Bank Of Canada dropped their price objective on Amentum from $35.00 to $28.00 and set a “sector perform” rating for the company in a report on Wednesday, May 13th. Citizens Jmp restated a “market outperform” rating and set a $40.00 price objective on shares of Amentum in a report on Monday, April 13th. BTIG Research restated a “buy” rating and set a $35.00 price objective on shares of Amentum in a report on Thursday, May 14th. Finally, Truist Financial restated a “buy” rating and set a $35.00 price objective (down from $42.00) on shares of Amentum in a report on Tuesday, May 12th. Six investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $32.00.

Amentum Trading Down 0.2%

The stock has a market capitalization of $5.24 billion, a P/E ratio of 35.77, a price-to-earnings-growth ratio of 0.65 and a beta of 0.27. 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 company has a 50-day moving average price of $24.51 and a 200 day moving average price of $28.47.

Amentum (NYSE:AMTM) last released its quarterly earnings results on Monday, May 11th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.58 by $0.02. The firm had revenue of $3.48 billion during 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% compared to the same quarter last year. During the same period in the previous year, the company posted $0.53 EPS. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. On average, research analysts forecast that Amentum Holdings, Inc. will post 2.36 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Los Angeles Capital Management LLC acquired a new position in Amentum during the 4th quarter valued at about $26,000. Western Wealth Management LLC acquired a new position in Amentum during the 1st quarter valued at about $33,000. Financial Consulate Inc. acquired a new position in Amentum during the 4th quarter valued at about $38,000. Salomon & Ludwin LLC increased its position in Amentum by 98.6% during the 4th quarter. Salomon & Ludwin LLC now owns 1,305 shares of the company’s stock valued at $41,000 after buying an additional 648 shares in the last quarter. Finally, NFSG Corp acquired a new position in Amentum during the 1st quarter valued at about $35,000. 39.93% of the stock is owned by institutional investors and hedge funds.

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.