Amentum (NYSE:AMTM) Hits New 52-Week Low – Should You Sell?

Shares of Amentum Holdings, Inc. (NYSE:AMTM) reached a new 52-week low during mid-day trading on Friday. The stock traded as low as $17.86 and last traded at $17.93, with a volume of 411509 shares changing hands. The stock had previously closed at $18.48.

Analyst Ratings Changes

A number of analysts recently commented on the company. Bank of America dropped their price target on Amentum from $35.00 to $30.00 and set a “neutral” rating on the stock in a report on Monday, July 20th. Royal Bank Of Canada reduced their price objective on Amentum from $28.00 to $26.00 and set a “sector perform” rating for the company in a research note on Wednesday, August 12th. The Goldman Sachs Group set a $24.00 target price on Amentum in a research report on Thursday, August 20th. Wall Street Zen upgraded Amentum from a “hold” rating to a “buy” rating in a research note on Sunday, September 20th. Finally, JPMorgan Chase & Co. reduced their price target on shares of 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $29.18.

Amentum Stock Down 2.7%

The firm has a market capitalization of $4.40 billion, a PE ratio of 21.64, a P/E/G ratio of 0.52 and a beta of 0.31. The stock has a 50-day simple moving average of $20.85 and a 200-day simple moving average of $22.82. The company has a quick ratio of 1.52, a current ratio of 1.52 and a debt-to-equity ratio of 0.79.

Amentum (NYSE:AMTM) last posted its quarterly earnings results on Monday, August 10th. The company reported $0.67 earnings per share 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 company had revenue of $3.49 billion during the quarter, compared to the consensus estimate of $3.57 billion. During the same quarter in the prior year, the company earned $0.56 EPS. The firm’s quarterly revenue was down 2.0% compared to the same quarter last year. Amentum has set its FY 2026 guidance at 2.400-2.500 EPS. Analysts forecast that Amentum Holdings, Inc. will post 2.38 EPS for the current year.

Institutional Trading of Amentum

Several hedge funds and other institutional investors have recently modified their holdings of the business. Western Wealth Management LLC purchased a new position in Amentum in the 1st quarter valued at approximately $33,000. NFSG Corp bought a new position in shares of Amentum in the first quarter valued at approximately $35,000. Global Retirement Partners LLC bought a new position in Amentum in the 2nd quarter worth about $31,000. Nykredit A S purchased a new stake in shares of Amentum during the 2nd quarter valued at $37,000. Finally, EverSource Wealth Advisors LLC lifted its position in Amentum by 35.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,853 shares of the company’s stock worth $54,000 after buying an additional 481 shares during the last quarter. Institutional investors own 39.93% of the company’s stock.

About Amentum

Amentum (NYSE: AMTM) is a global engineering and technical services contractor that supports government and commercial customers across defense, intelligence, space, civilian, energy and environmental markets. The company provides mission-critical services designed to help customers operate, maintain and modernize complex systems and infrastructure.

Its capabilities include systems engineering, program management, logistics, operations and maintenance, cybersecurity, digital transformation, intelligence analysis, testing and evaluation, and environmental and nuclear lifecycle services.