Amentum Holdings, Inc. (AMTM – Research Report), the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Kristine Liwag from Morgan Stanley reiterated a Sell rating on the stock and has a $19.00 price target.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Kristine Liwag has given her Sell rating due to a combination of factors impacting Amentum Holdings, Inc. Despite the company’s solid performance in the second quarter of fiscal year 2025, the dynamic nature of the government contracting environment poses challenges. The company’s growth projections for fiscal year 2026 may not meet its long-term target range, necessitating accelerated organic growth to achieve these goals.
Additionally, while Amentum has a substantial backlog and plans for significant new bids, the current conditions favor defense hardware companies over service providers like Amentum. The potential risks from new government initiatives and the need for a reset outlook contribute to the cautious stance. These factors, combined with the company’s narrowed sales and EBITDA guidance for fiscal year 2025, underpin the Sell rating and the price target of $19.
Based on the recent corporate insider activity of 14 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AMTM in relation to earlier this year.