Market Analysts see Amentum Holdings Inc [AMTM] gaining to $31. Time to buy?

Amentum Holdings Inc [NYSE: AMTM] loss -3.65% on the last trading session, reaching $21.94 price per share at the time.

If compared to the average trading volume of 2.70M shares, AMTM reached a trading volume of 4277499 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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Here is what top equities market gurus are saying about Amentum Holdings Inc [AMTM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AMTM shares is $31.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AMTM stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Truist have made an estimate for Amentum Holdings Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 14, 2024.

The Average True Range (ATR) for Amentum Holdings Inc is set at 1.92 The Price to Book ratio for the last quarter was 20.21, with the Price to Cash per share for the same quarter was set at 1.11.

Trading performance analysis for AMTM stock

Amentum Holdings Inc [AMTM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -29.77.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AMTM stock in for the last two-week period is set at 29.10, with the RSI for the last a single of trading hit 21.00, and the three-weeks RSI is set at 34.86 for Amentum Holdings Inc [AMTM]. The present Moving Average recorded at 25.19 for the last single week of trading.

Amentum Holdings Inc [AMTM]: A deeper dive into fundamental analysis

Amentum Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.34 and a Current Ratio set at 1.34.

An analysis of Institutional ownership at Amentum Holdings Inc [AMTM]