BNP Paribas Exane Upgrades Amentum (NYSE:AMTM) to Strong Sell

Amentum (NYSE:AMTM) was upgraded by analysts at BNP Paribas Exane to a “strong sell” rating in a report issued on Tuesday,Zacks.com reports.

Several other equities research analysts have also recently weighed in on AMTM. Wall Street Zen raised shares of Amentum from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Weiss Ratings raised shares of Amentum from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 20th. BTIG Research reissued a “buy” rating and set a $35.00 price target on shares of Amentum in a research report on Thursday, May 14th. Citizens Jmp reissued a “market outperform” rating and set a $40.00 price target on shares of Amentum in a research report on Monday, April 13th. Finally, Truist Financial reissued a “buy” rating and set a $35.00 price target (down from $42.00) on shares of Amentum in a research report on Tuesday, May 12th. Six investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Amentum has an average rating of “Hold” and a consensus price target of $32.00.

Amentum Price Performance

AMTM stock opened at $23.14 on Tuesday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.48 and a current ratio of 1.48. Amentum has a 52 week low of $19.11 and a 52 week high of $38.11. The firm’s fifty day moving average is $25.67 and its 200 day moving average is $28.65. The firm has a market cap of $5.65 billion, a P/E ratio of 38.57, a P/E/G ratio of 0.68 and a beta of 0.43.

Amentum (NYSE:AMTM) last released its earnings results on Monday, May 11th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.58 by $0.02. Amentum had a net margin of 1.04% and a return on equity of 11.74%. The company had revenue of $3.48 billion for the quarter, compared to analyst estimates of $3.47 billion. During the same quarter last year, the firm earned $0.53 EPS. The firm’s quarterly revenue was down .4% compared to the same quarter last year. Amentum has set its FY 2026 guidance at 2.250-2.450 EPS. Research analysts predict that Amentum will post 2.33 earnings per share for the current year.

Institutional Investors Weigh In On Amentum

Institutional investors and hedge funds have recently modified their holdings of the stock. Los Angeles Capital Management LLC purchased a new stake in shares of Amentum in the 4th quarter worth about $26,000. Western Wealth Management LLC bought a new position in shares of Amentum in the 1st quarter worth about $33,000. NFSG Corp bought a new position in shares of Amentum in the 1st quarter worth about $35,000. Financial Consulate Inc. bought a new position in shares of Amentum in the 4th quarter worth about $38,000. Finally, Sound Income Strategies LLC increased its stake in shares of Amentum by 45.3% in the 4th quarter. Sound Income Strategies LLC now owns 1,363 shares of the company’s stock worth $40,000 after acquiring an additional 425 shares in the last quarter. 39.93% of the stock is owned by hedge funds and other institutional investors.

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.