Amentum (NYSE:AMTM) Updates FY25 Earnings Guidance

Amentum (NYSE:AMTM) updated its FY25 earnings guidance on Monday. The company provided EPS guidance of $2.00-2.20 for the period, compared to the consensus EPS 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.

Analysts Set New Price Targets

A number of analysts have recently issued reports on AMTM shares. 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 target for the company. Truist Financial began coverage on shares of Amentum in a research note on Monday, October 14th. They issued a “buy” rating and a $31.00 price target for the company.

Amentum Trading Up 3.3 %

Shares of Amentum stock traded up $0.76 during trading on Monday, hitting $23.81. 3,776,938 shares of the stock were exchanged, compared to its average volume of 2,486,682. The business’s 50-day simple moving average is $26.99. Amentum has a 12-month low of $21.24 and a 12-month high of $34.50.

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.