Amentum (NYSE:AMTM - Get Free Report) released its quarterly earnings results on Tuesday. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.45 by $0.06, Zacks reports. Amentum updated its FY 2025 guidance to 2.000-2.200 EPS.
Amentum Stock Performance
AMTM stock traded down $0.72 during mid-day trading on Friday, reaching $22.13. The company had a trading volume of 1,815,531 shares, compared to its average volume of 2,200,147. Amentum has a one year low of $18.38 and a one year high of $34.50. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.57 and a current ratio of 1.59. The business has a 50-day moving average price of $21.98.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on AMTM. Cantor Fitzgerald initiated coverage on shares of Amentum in a research note on Friday. They issued a "neutral" rating and a $25.00 target price for the company. Truist Financial initiated coverage on shares of Amentum in a research report on Monday, October 14th. They issued a "buy" rating and a $31.00 price objective for the company. Raymond James initiated coverage on Amentum in a research note on Thursday, November 21st. They issued an "outperform" rating and a $30.00 price target on the stock. Finally, Royal Bank of Canada restated a "sector perform" rating and set a $24.00 price objective on shares of Amentum in a report on Thursday.
Read Our Latest Stock Analysis on AMTM
About Amentum
(
Get Free Report)
Amentum Holdings, Inc provides engineering and technology solutions to address challenges in science, security, and sustainability. It serves various markets, such as energy and environment, space, intelligence, defense, civilian, commercial, and international markets. The company was incorporated in 2010 and is headquatered in Chantilly, Virginia.
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