In the latest trading session, 0.42 million Amentum Holdings Inc (NYSE:AMTM) shares changed hands as the company’s beta touched 0. With the company’s most recent per share price at $22.64 changed hands at -$0.18 or -0.77% at last look, the market valuation stands at $5.51B. AMTM’s current price is a discount, trading about -52.39% off its 52-week high of $34.50. The share price had its 52-week low at $18.38, which suggests the last value was 18.82% up since then. When we look at Amentum Holdings Inc’s average trading volume, we note the 10-day average is 2.9 million shares, with the 3-month average coming to 2.72 million.
Amentum Holdings Inc (NYSE:AMTM) trade information
Instantly AMTM was in red as seen in intraday trades today. With action 0.73%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 7.67%, with the 5-day performance at 0.73% in the green. However, in the 30-day time frame, Amentum Holdings Inc (NYSE:AMTM) is -5.06% down. Looking at the short shares, we see there were 2.26 million shares sold at short interest cover period of 2.04 days.
The consensus price target for the stock as assigned by Wall Street analysts is 31, meaning bulls need an upside of 26.97% from its recent market value. According to analyst projections, AMTM’s forecast low is 31 with 31 as the target high. To hit the forecast high, the stock’s price needs a -36.93% plunge from its current level, while the stock would need to soar -36.93% for it to hit the projected low.
Amentum Holdings Inc (AMTM) estimates and forecasts
Data shows that the Amentum Holdings Inc share is performing relatively much not better than most of its peers within the same industry. Year-over-year growth is forecast to reach 67.04% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 3.35B. 3 analysts are of the opinion that Amentum Holdings Inc’s revenue for the current quarter will be 3.44B. The 2025 estimates are for Amentum Holdings Inc earnings to increase by 4.31%.
Amentum Holdings Inc (NYSE:AMTM)’s Major holders
Among Mutual Funds, the top two as of Oct 31, 2024 were Invesco ETF Tr-Invesco S&P 500 Equal Weight ETF and Vanguard Total Stock Market Index Fund. With 5.15 shares estimated at $118.51 million under it, the former controlled 2.12% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 1.61% of the shares, roughly 3.92 shares worth around $90.24 million.
