Amentum (NYSE:AMTM – Get Free Report) updated its FY25 earnings guidance on Monday. The company provided earnings per share guidance of $2.00-2.20 for the period, compared to the consensus earnings per share estimate of $1.41. The company issued revenue guidance of $13.80-14.20 billion, compared to the consensus revenue estimate of $13.98 billion. Amentum also updated its FY 2025 guidance to 2.000-2.200 EPS.
Amentum Stock Down 9.6 %
Shares of NYSE:AMTM opened at $21.51 on Wednesday. Amentum has a 12-month low of $20.58 and a 12-month high of $34.50. The company’s 50 day moving average is $26.99.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on AMTM shares. Truist Financial began coverage on Amentum in a research note on Monday, October 14th. They issued a “buy” rating and a $31.00 price objective for the company. Raymond James started coverage on shares of Amentum in a report on Thursday, November 21st. They set an “outperform” rating and a $30.00 price objective for the company.
About Amentum
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.
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