Amentum Holdings, Inc. (NYSE:AMTM - Get Free Report)'s stock price fell 5.1% on Thursday . The company traded as low as $22.00 and last traded at $21.94. 833,829 shares changed hands during trading, a decline of 64% from the average session volume of 2,305,352 shares. The stock had previously closed at $23.12.
Analyst Ratings Changes
A number of brokerages have recently weighed in on AMTM. Raymond James began coverage on Amentum in a research report on Thursday, November 21st. They set an "outperform" rating and a $30.00 target price on the stock. Truist Financial began coverage on Amentum in a research report on Monday, October 14th. They set a "buy" rating and a $31.00 target price on the stock. Finally, Royal Bank of Canada began coverage on Amentum in a research report on Friday, January 10th. They set a "sector perform" rating and a $24.00 target price on the stock.
View Our Latest Report on Amentum
Amentum Price Performance
The stock's 50-day simple moving average is $22.70. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.57 and a quick ratio of 1.57.
Amentum (NYSE:AMTM - Get Free Report) last released its quarterly earnings results on Monday, December 16th. The company reported $0.47 EPS for the quarter, beating analysts' consensus estimates of $0.37 by $0.10. As a group, equities analysts anticipate that Amentum Holdings, Inc. will post 2.1 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Amentum
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Arrow Financial Corp bought a new position in Amentum in the 3rd quarter valued at $26,000. US Bancorp DE bought a new position in shares of Amentum during the 3rd quarter worth $30,000. Anchor Investment Management LLC bought a new position in shares of Amentum during the 3rd quarter worth $32,000. Signaturefd LLC bought a new position in shares of Amentum during the 3rd quarter worth $33,000. Finally, Glen Eagle Advisors LLC bought a new position in shares of Amentum during the 3rd quarter worth $35,000. 39.93% of the stock is owned by hedge funds and other institutional investors.
Amentum Company Profile
(
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.
Further Reading
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