Wall Street analysts’ outlook for Amentum Holdings Inc (AMTM)

With 1.16 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.11 million shares. During the session, the Specialty Business Services company that operates in wider Industrials sector, reached to the highest price of $20.2 whereas the lowest price it dropped to was $19.47. The 52-week range on AMTM shows that it touched its highest point at $34.50 and its lowest point at $18.38 during that stretch. It currently has a 1-year price target of $30.50.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AMTM was down-trending over the past week, with a drop of -7.95%, but this was down by -18.95% over a month. For the next quarter, that number is 0.45. This implies an EPS growth rate of 4.23% for this year and 11.93% for next year.

Float and Shares Shorts:

At present, 243.30 million AMTM shares are outstanding with a float of 225.05 million shares on hand for trading. On 2024-11-29, short shares totaled 2.26 million, which was 137.0 higher than short shares on 1730332800. In addition to Mr. Steven J. Demetriou as the firm’s Executive Chair, Mr. John E. Heller serves as its CEO & Independent Director.

Institutional Ownership:

Through their ownership of 0.41373003 of AMTM’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-28, AMTM reported revenue of $4242000000.0 and operating income of -$47000000.0. The EBITDA in the recently reported quarter was $248000000.0 and diluted EPS was $nan.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential. With AMTM analysts setting a high price target of 31.0 and a low target of 30.0, the average target price over the next 12 months is 30.5. Based on these targets, AMTM could surge 56.49% to reach the target high and rise by 51.44% to reach the target low. Reaching the average price target will result in a growth of 53.96% from current levels.

Based on analyst estimates, the high estimate for the next quarter is $0.48 and the low estimate is $0.46. The average estimate for the next quarter is thus $0.47.