In the last trading session, 1.99 million shares of the Amentum Holdings Inc (NYSE:AMTM) were traded. Most recently the company’s share price was $22.10, and it changed around -$0.06 or -0.27% from the last close, which brings the market valuation of the company to $5.38B. AMTM currently trades at a discount to its 52-week high of $34.50, offering almost -56.11% off that amount. The share price’s 52-week low was $18.38, which indicates that the current value has risen by an impressive 16.83% since then. We note from Amentum Holdings Inc’s average daily trading volume that its 10-day average is 2.37 million shares, with the 3-month average coming to 2.91 million.
Amentum Holdings Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.25. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 2 recommended AMTM as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Amentum Holdings Inc is expected to report earnings per share of 0.47 for the current quarter.
Amentum Holdings Inc (NYSE:AMTM) trade information
Instantly AMTM has showed a red trend with a performance of -0.27% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 24.30 on recent trading dayincreased the stock’s daily price by 9.05%. The company’s shares are currently up 5.09% year-to-date, but still up 8.33% over the last five days. On the other hand, Amentum Holdings Inc (NYSE:AMTM) is 2.84% up in the 30-day period. We can see from the shorts that 2.26 million shares have been sold at a short interest cover period of 2.04 day(s).
The consensus price target as assigned by Wall Street analysts is $31, which translates to bulls needing to increase their stock price by 28.71% from its current value. Analyst projections state that AMTM is forecast to be at a low of $31 and a high of $31.
Amentum Holdings Inc (AMTM) estimates and forecasts
The year-over-year growth rate is expected to be 67.37%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 3.43B in revenue for the current quarter. 4 analysts expect Amentum Holdings Inc to make 3.53B in revenue for the current ending quarter.
Amentum Holdings Inc earnings are expected to increase by 4.73% in 2025, but the outlook is positive 6.68% per year for the next five years.
AMTM Dividends
Amentum Holdings Inc’s next quarterly earnings report is expected to be released in March.
Invesco ETF Tr-Invesco S&P 500 Equal Weight ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Nov 30, 2024 . The former held 5.46 shares worth $120.59 million, making up 2.24% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 3.92 shares worth around $86.71 million, which represents about 1.61% of the total shares outstanding.
