Amentum (NYSE:AMTM) Updates FY 2025 Earnings Guidance

Amentum (NYSE:AMTM) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 2.000-2.200 for the period, compared to the consensus earnings per share estimate of 1.710. The company issued revenue guidance of $13.8 billion-$14.2 billion, compared to the consensus revenue estimate of $14.6 billion.

Wall Street Analyst Weigh In

A number of research firms recently commented on AMTM. Truist Financial initiated coverage on Amentum in a research report on Monday, October 14th. They issued a “buy” rating and a $31.00 price target for the company. Raymond James began coverage on shares of Amentum in a report on Thursday, November 21st. They issued an “outperform” rating and a $30.00 target price for the company.

Amentum Stock Up 3.2 %

Shares of AMTM stock traded up $0.73 during trading on Monday, hitting $23.78. The company’s stock had a trading volume of 3,733,330 shares, compared to its average volume of 2,486,682. The business’s fifty day moving average is $27.07. Amentum has a 52 week low of $21.24 and a 52 week high of $34.50.

Amentum Company Profile

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.