Amentum Holdings, Inc. (AMTM)
NYSE NYSE Primary 
Amentum Faces Growth Slump As Government Cuts Spending, Analyst Expects Merger To Boost Margins
Goldman Sachs analyst Noah Poponak initiated coverage on Amentum Holdings, Inc. AMTM with a Neutral Rating, and a price forecast of $21.
Amentum: A Spin-Off With A Solid Business And Attractive Valuation
Amentum Holdings, Inc. trades at a significant discount to peers, despite strong medium-term guidance and upbeat analyst estimates. The company's diversified revenue streams, huge backlog, and strategic alignment with Trump administration priorities protect it against potential DOGE cuts. As well as DOGE, high debt levels and spin-off-related issues currently pressure the stock, but the company is deleveraging, and the spin-off overhangs should clear eventually.
Amentum Stock Drops on Expected Winding Down of Government Programs
Amentum Holdings (AMTM) swung to a fourth-quarter profit but shares sank Tuesday when executives said in the company's earnings call that they see fiscal 2025 growth being affected by an expected winding down of certain government programs.
Amentum selloff creating buying opportunity, says Raymond James
Amentum reported its inaugural quarterly results, with Q4 revenue that beat estimates by 3.6%, AEBITDA that beat by 8.7%, and margins of 7.8%, hitting the core tenants of Raymond James' initiation less than a month ago supporting the view of low-single to mid-single digit organic growth, margin expansion, and a highly visible stream of free cash flow to de-lever, the analyst tells investors in a research note. While the stock is giving up its gains since the initiation, the firm still sees meaningful upside, and says the selloff is creating a buying opportunity. Raymond James reiterates a Buy rating and $30 price target.
Amentum Holdings, Inc. (AMTM) Q4 2024 Earnings Call Transcript
Amentum Holdings, Inc. (NYSE:AMTM ) Q4 2024 Earnings Conference Call December 17, 2024 8:30 AM ET Company Participants Nathan Rutledge - Senior Vice President, Investor Relations John Heller - Chief Executive Officer Travis Johnson - Chief Financial Officer Steve Arnette - Chief Operating Officer Conference Call Participants Tobey Sommer - Truist Trevor Walsh - Citizens JMP Brian Gesuale - Raymond James Operator Ladies and gentlemen, thank you for standing by. Good morning, and welcome to Amentum's Fiscal Year 2024 Earnings Conference Call.
Amentum Holdings Stock Is Rising After Earnings. What We Know.
The engineering and technology company swings to a profit in its fiscal fourth quarter.
Amentum Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Amentum Holdings, Inc. AMTM will release earnings results for its latest quarter, before the opening bell on Tuesday, Dec. 17.
Amentum Stock Is Leading the S&P 500. What We Know.
The engineering and technology solutions company was spun off by Jacobs Solutions in September.
Amentum's Soaring Debut: Merger, Index Inclusion and Stronger Economic Data
The market welcomes Amentum (AMTM, Financial) following the completion of its merger with Jacobs' Critical Mission Solutions and Cyber & Intelligence businesses. This combined entity is now traded under the ticker symbol AMTM not only on the New York Stock Exchange (NYSE) but also included in the prestigious S&P 500 index.
Amentum Stock Reverses Its Gains After Joining S&P 500
The newest stock to join the S&P 500 has had a volatile introduction to the stock market. After skyrocketing more than 22% to lead the benchmark index in their first day of trading on Monday, shares of Amentum Holdings (AMTM) gave up most of those gains Tuesday.
S&P 500 Gains and Losses Today: Index Falls as Port Workers Begin Strike
Major U.S. equities indexes moved lower as dockworkers went on strike at port facilities on the East and Gulf coasts. The labor action by members of the International Longshoremen's Association (ILA) could unsettle supply chains and cause a ripple of impacts throughout the economy, including a potential increase in inflation.
S&P 500 Gains and Losses Today: Late Rally Lifts Index to Record To Close Out Q3
After trading in negative territory for most of the day, major U.S. equities indexes rallied in the afternoon to close out the first session of the new week and the final day of the third quarter with gains.
