Core Insights - Citron Research identifies Amentum Holdings Inc. as a crucial player in the U.S. nuclear strategy, managing 90% of the nation's nuclear infrastructure for the Department of Energy (DOE) [2][3] - The company is involved in various nuclear-related operations, including weapons management, waste cleanup, and reactor engineering, positioning it as a keystone of U.S. nuclear capability [3] - Amentum's valuation is considered "absurd" at 10 times earnings, significantly lower than industry peers, despite superior margins and a monopoly position in a growing sector [5] Company Overview - Amentum Holdings Inc. is headquartered in Virginia and is described as "the most important company in America that nobody's heard of" [2] - The company oversees critical aspects of nuclear energy and defense, including operations related to nuclear weapons and facility management [3][4] Industry Context - The Trump administration's policy shift aims to quadruple the nation's nuclear energy output to 400 gigawatts by 2050, creating long-term growth opportunities for nuclear-linked companies [6] - Amentum is positioned to benefit from the DOE's $250 billion loan program for the nuclear industry, being the only company with the necessary expertise and relationships to execute it [4]

Core Insights - Amentum Holdings (AMTM) is gaining attention due to its significant role in the nuclear energy sector, managing nearly 90% of America's nuclear infrastructure for the Department of Energy [1][4] - The company's stock price increased by 17% following a positive note from Citron Research, which highlighted its importance to national security [1][2] - Amentum's alignment with government priorities on energy independence and military modernization is expected to drive future growth [2][3] Company Performance - Amentum Holdings has a market capitalization of $5.3 billion, with its stock trading at $24.99 as of November 21, reflecting an 18% year-to-date gain [4] - The company's forward price-to-earnings ratio is 10.97x, significantly lower than the sector median of 19.86x, indicating a potential undervaluation [5] - Amentum reported $3.6 billion in revenues for the latest quarter, marking a 2% increase on a pro forma basis, with a net income of $10 million and adjusted EBITDA of $274 million [6][7] Financial Metrics - The diluted earnings per share for Amentum stands at $0.04, while the adjusted diluted earnings per share is reported at $0.56, highlighting the company's operational leverage [6][7] - The price-to-sales ratio is 0.47x compared to the sector median of 1.68x, further emphasizing the company's attractive valuation relative to its peers [5]

Core Insights - Jacobs Solutions Inc. reported a 6.6% year-over-year increase in gross revenue for the fiscal fourth quarter of 2025, reaching $3.2 billion, while adjusted net revenue grew by 5.8% to $2.2 billion [1][9] - The company achieved a record backlog of $23.1 billion, with a trailing twelve months (TTM) book-to-bill ratio of 1.1x, indicating strong demand for its services [1][9] - Jacobs returned a record $1.1 billion to shareholders through share repurchases and dividends during fiscal 2025 [1][2] Fiscal Fourth Quarter 2025 Financial Highlights - Revenue for Q4 2025 was $3,154,644, compared to $2,960,150 in Q4 2024, reflecting a change of $194,494 [6] - Adjusted net revenue for Q4 2025 was $2,242,246, up from $2,118,930 in Q4 2024, an increase of $123,316 [6] - GAAP net earnings from continuing operations were $138,036, a decrease of 55.4% year-over-year, primarily due to mark-to-market losses related to Amentum stock [9] - Adjusted EPS from continuing operations increased by 27.7% to $1.75, compared to $1.37 in the previous year [9] Fiscal Year 2025 Financial Highlights - Total revenue for fiscal 2025 was $12,029,783, up from $11,500,941 in fiscal 2024, marking an increase of $528,842 [7] - Adjusted net revenue for fiscal 2025 was $8,694,965, compared to $8,259,301 in fiscal 2024, an increase of $435,664 [7] - GAAP net earnings from continuing operations were $313,302, down 48.9% year-over-year, impacted by mark-to-market losses [9] - Adjusted EPS from continuing operations rose by 15.9% to $6.12, compared to $5.28 in the previous year [9] Financial Outlook for Fiscal 2026 - The company anticipates adjusted net revenue growth of 6% to 10% over fiscal 2025, with adjusted EBITDA margin expected to range from 14.4% to 14.7% [3] - Adjusted EPS is projected to be between $6.90 and $7.30, with free cash flow margin expected to range from 7.0% to 8.0% [3] Strategic Commentary - Jacobs' CEO highlighted that the company met or exceeded all key metrics for FY25, driven by growth in sectors such as Life Sciences, Data Center, Water, Energy & Power, and Transportation [2] - The CFO noted that the company is starting FY26 with a record backlog and expects continued growth in revenue, margins, EPS, and free cash flow [2]

Core Viewpoint - Amentum Holdings Inc. (NYSE:AMTM) has shown significant stock performance, rallying 17.19% to close at $25.57, driven by a price target upgrade from UBS and positive commentary from activist investor Andrew Left [1][2][3]. Group 1 - Amentum Holdings' stock performance was bolstered by UBS initiating coverage with a price target of $25, although maintaining a neutral rating [1][2]. - The company is recognized for its strong business portfolio, particularly in space infrastructure and nuclear capabilities, which sets it apart from competitors [2]. - Activist investor Andrew Left highlighted Amentum's critical role in managing 90% of the U.S. nuclear infrastructure for the Department of Energy, suggesting a significant valuation potential with a target of $55 [3].

Core Insights - Amentum has secured positions on a multi-billion pound framework for decommissioning solutions at the Sellafield nuclear site in the UK, emphasizing its engineering and project management capabilities [1][2][3] Company Overview - Amentum is a global leader in advanced engineering and innovative technology solutions, with over 53,000 employees across approximately 80 countries [11] - The company has a significant presence in the UK, providing program and project management services at various nuclear sites [12] Project Details - Under the 15-year Decommissioning and Nuclear Waste Partnership (DNWP), Amentum will focus on waste-led decommissioning, including the clearance of redundant buildings and preparatory work on the UK's oldest nuclear reactor complexes [5][10] - The estimated value of work that could be awarded to Amentum is up to £1.4 billion ($1.9 billion USD) [2] Technology and Innovation - Amentum plans to utilize advanced technologies such as digital visualization, geospatial data analysis, robotics, and AI-based tools for optimizing remediation processes [6][8] - The company will deploy pioneering robot-operated technology for the safe retrieval of hazardous materials from nuclear fuel ponds [8] Strategic Partnerships - Amentum has been selected as the remediation partner for the High Security Area at Sellafield and is part of The Decommissioning Alliance (TDA) for pond retrievals [2][10]

Core Insights - The article expresses a positive outlook on the shares of AMTM and SMR, indicating a beneficial long position held by the author [1]. Group 1 - The author emphasizes that the information provided is solely their opinion and does not constitute an offer or solicitation to buy or sell any security [2]. - It is noted that past performance is not indicative of future results, highlighting the uncertainty in investment outcomes [3]. - The article clarifies that the views expressed may not reflect those of Seeking Alpha as a whole, indicating a diversity of opinions among analysts [3].

Core Insights - The Relative Strength Index (RSI) is a key tool for technical analysts to assess stock momentum and identify overbought or oversold conditions [1] - An RSI threshold of 30 indicates potential oversold conditions, suggesting a possible trend reversal for future gains [2] Amentum Overview - Amentum (AMTM) is a defense contractor providing various services, with shares down approximately 20% over the past year despite a strong fiscal Q3 performance [3] - Revenue increased by 66% year-over-year on a GAAP basis, although it fell short of analyst expectations; the company achieved a 3-cent earnings beat and repaid $450 million in debt [4] - Six out of ten analysts rated AMTM as a Buy, with a consensus price target of $28.40, indicating over 27% upside potential from the current price [5] - Amentum's RSI is currently at 25.7, indicating oversold conditions, while short interest has risen by 14% [6] Gogo Overview - Gogo Inc. (GOGO) is a provider of in-flight wireless and entertainment services, with shares currently priced at $9.11 [7] - The company launched its Galileo HDX satcom service and is rolling out enhanced 5G services to compete with Starlink [8] - Gogo reported record equipment sales, leading to free cash flow of $62 million, but shares have fallen nearly 21% in the last month despite a 6% year-to-date increase [9] - Gogo's RSI is at 12.8, indicating oversold conditions, with short interest increasing by almost 8% [10] DoubleVerify Overview - DoubleVerify Inc. (DV) specializes in digital media data and analytics, with shares priced at $11.90 [12] - The company experienced a 21% year-over-year revenue increase and raised its revenue growth guidance from 13% to 15% for the year [13] - DoubleVerify's RSI is at 17.9, suggesting oversold conditions, while short interest has decreased by over 8% [14] - Fourteen analysts rated DV as a Buy, indicating a potential upside of about 62% [14]

Group 1 - Amentum Holdings Inc. (NYSE:AMTM) is currently considered one of the best new stocks to buy, with Morgan Stanley raising its price target to $20 from $19 while maintaining an Underweight rating [1] - The company reported Q3 2025 earnings with a revenue of $3.561 billion, reflecting a 66% year-over-year increase [1][2] - Amentum achieved a net income of $10 million, a significant improvement from a net loss of $26 million year-over-year, with a diluted EPS of $0.04 compared to a loss per share of $0.29 in 2024 [2] Group 2 - Digital Solutions revenues increased by 12% year-over-year to $1.421 billion, driven by new commercial contract awards, leading to a 21% increase in Adjusted EBITDA to $114 million [3] - Global Engineering Solutions' revenues decreased by 3% to $2.140 billion due to the expected ramp-down of certain programs, with a corresponding 2% decrease in Adjusted EBITDA to $160 million [3] Group 3 - Amentum Holdings provides engineering and technology solutions to the US and allied government agencies, although there are suggestions that certain AI stocks may offer greater upside potential with less downside risk [4]

Core Viewpoint - Amentum plans to create 3,000 new jobs over the next four years, driven by growth in nuclear power and defense sectors in the UK [1] Company Summary - Amentum is a global leader in advanced engineering and innovative technology solutions [1] - The announcement of job creation aligns with the company's strategic focus on expanding its operations in the UK [1] Industry Summary - The growth in nuclear power and defense sectors is expected to contribute significantly to job creation and economic development in the UK [1] - The UK-U.S. partnership is highlighted as a key factor in supporting Amentum's expansion plans [1]

Core Thesis - Amentum Holdings, Inc. (AMTM) is positioned favorably due to its strong government contracts and increasing U.S. defense spending, which supports its growth potential and market recognition [2][4]. Company Overview - Amentum Holdings is a U.S. government contractor providing engineering, defense, intelligence, and cybersecurity services, with key clients including NASA, the Department of Defense, and the Department of Energy [2]. - The company has experienced a stock price stabilization at $24 following its IPO, indicating market recognition of its fundamentals [2]. Financial Performance - Amentum's revenue has grown by 66% year-over-year and 52% over the last four quarters, driven by organic growth and new contracts [3]. - The company generates approximately $100 million in free cash flow, which helps manage its $3.8 billion long-term debt [3]. - Institutional investor interest is increasing, reflecting confidence in Amentum's future prospects [3]. Investment Case - The investment thesis is based on the durability of defense spending, supported by Amentum's established government relationships that provide revenue stability [4]. - Despite high leverage, consistent cash generation and long-term contracts reduce risk, making AMTM an attractive investment opportunity [4]. - The stock price is viewed as a potentially appealing entry point for investors seeking a mix of growth and reliability [4].