Amentum Holdings Inc (NYSE:AMTM) Drops -2.35%, But A Strong Recovery May Be Imminent

In last trading session, Amentum Holdings Inc (NYSE:AMTM) saw 2.4 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $21.22 trading at -$0.51 or -2.35% at ring of the bell on the day assigns it a market valuation of $5.16B. That closing price of AMTM’s stock is at a discount of -62.58% from its 52-week high price of $34.50 and is indicating a premium of 13.38% from its 52-week low price of $18.38.

Amentum Holdings Inc (NYSE:AMTM) trade information

Upright in the red during last session for losing -2.35%, in the last five days AMTM remained trading in the green while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $21.22 price level, adding 3.33% to its value on the day. Amentum Holdings Inc’s shares saw a change of 0.90% in year-to-date performance and have moved 2.36% in past 5-day. Amentum Holdings Inc (NYSE:AMTM) showed a performance of -6.89% in past 30-days.

Wall Street analysts have assigned a consensus price target of 31 to the stock, which implies a rise of 31.55% to its current value. Analysts have been projecting 31 as a low price target for the stock while placing it at a high target of 31. It follows that stock’s current price would drop -46.09% in reaching the projected high whereas dropping to the targeted low would mean a loss of -46.09% for stock’s current value.

In 2025, company’s earnings growth rate is likely to be around 4.73% while estimates for its earnings growth in next 5 years are of 6.68%.

On the other hand, Invesco ETF Tr-Invesco S&P 500 Equal Weight ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 5.46 shares of worth $115.79 million or 2.24% of the total outstanding shares. The later fund manager was in possession of 3.92 shares on Sep 30, 2024 , making its stake of worth around $83.26 million in the company or a holder of 1.61% of company’s stock.