Amentum Holdings Inc (NYSE:AMTM) at last check was buoying at $20.88 on current market day with a fall of -3.33% from its closing price on previous day.
Company’s P/E ratio for the trailing 12 months is 309.79. Considering stock’s 52-week price range provides that AMTM hit a high price of $34.50 and saw its price falling to a low level of $16.01 during that period. Over a period of past 1-month, stock came adding 11.66% in its value.
With its current market valuation of $5.08 billion, Amentum Holdings Inc is set to declare its quarterly results in June. Analysts are in estimates of 0.53 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 2.14 for current year with estimates of that growing to 2.38 in next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 3.51B. They suggested that in the process company could generate revenue of as low as 3.48B which could climb up to 3.54B to hit a high. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of 14.03B in current fiscal year, which will be 67.24% more from revenue generated by the company last year.
Digging deeper we become aware of the PEG ratio of the AMTM stock which is currently positioned at 30.67. It further provides that stock’s current price level is -1.48% away from its 20-day simple moving average and is 7.40% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 52.10 while volatility remained at 4.10% over the past week which changes to 4.26% when measuring it over the past month. Average true range or ATR is currently at 0.98. In predicting price targets of as low as $19 and as high as $24, analysts are in agreement on assigning the stock over the next 12 months average price target of $21.5. Stock’s current price level is 9.0% above from estimated low price target while it is -14.94% below the estimated high; and even if the AMTM’s share succeeded to reach the median price of $21.5, then the outlook of -2.97% could come to the excitement of the investors.
The percentage of outstanding shares held by the insiders is 19.54% while it is 56.58% for the institutional holders. Subtraction of -0.71% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
