Applied Aerospace & Defense (NYSE:AADX) Reaches New 12-Month Low - Should You Sell?

Key Points

• Applied Aerospace & Defense shares fell 6.5% to a new 52-week low, trading as low as $10.07 and closing near $10.21, well below the 50-day moving average of $12.92.
• Analyst sentiment remains mixed but leans positive: the stock carries a “Moderate Buy” consensus and an average price target of $23.44, despite ratings ranging from “Sell” to “Strong Buy.”
• The company reported a significant quarterly loss of $1.04 per share, missing expectations by $1.05, while analysts project a full-year loss of $0.61 per share. Its valuation also reflects ongoing losses, with a negative P/E ratio of -39.56.

Applied Aerospace & Defense, Inc. (NYSE:AADX - Get Free Report)'s stock price reached a new 52-week low during trading on Thursday. The company traded as low as $10.07 and last traded at $10.21, with a volume of 253,972 shares traded. The stock had previously closed at $10.58.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on AADX. Weiss Ratings assumed coverage on Applied Aerospace & Defense in a report on Friday, August 28th. They issued a "sell (d)" rating for the company. Robert W. Baird initiated coverage on Applied Aerospace & Defense in a report on Monday, June 29th. They set an "outperform" rating and a $30.00 target price on the stock. Morgan Stanley decreased their target price on Applied Aerospace & Defense from $24.00 to $16.00 and set an "equal weight" rating for the company in a research report on Friday, October 16th. Jefferies Financial Group set a $20.00 price target on Applied Aerospace & Defense in a report on Monday, October 5th. Finally, Guggenheim assumed coverage on Applied Aerospace & Defense in a research note on Monday, September 14th. They set a "buy" rating and a $30.00 price objective on the stock. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $23.44.

Applied Aerospace & Defense Stock Down 6.5%

The company has a quick ratio of 2.08, a current ratio of 2.51 and a debt-to-equity ratio of 0.51. The stock's 50 day moving average is $12.92. The company has a market cap of $1.70 billion and a P/E ratio of -39.56.

Applied Aerospace & Defense (NYSE:AADX - Get Free Report) last posted its earnings results on Wednesday, August 12th. The company reported ($1.04) EPS for the quarter, missing the consensus estimate of $0.01 by ($1.05). The firm had revenue of $167.32 million during the quarter. As a group, analysts forecast that Applied Aerospace & Defense, Inc. will post -0.61 EPS for the current year.

Institutional Investors Weigh In On Applied Aerospace & Defense

Large investors have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. boosted its holdings in shares of Applied Aerospace & Defense by 1,171.1% during the third quarter. SBI Securities Co. Ltd. now owns 2,199 shares of the company's stock valued at $26,000 after acquiring an additional 2,026 shares during the period. Fortitude Family Office LLC bought a new position in shares of Applied Aerospace & Defense during the third quarter worth about $29,000. Farther Finance Advisors LLC acquired a new stake in shares of Applied Aerospace & Defense in the 3rd quarter worth about $29,000. Valeo Financial Advisors LLC acquired a new stake in shares of Applied Aerospace & Defense in the 3rd quarter worth about $120,000. Finally, Readystate Asset Management LP bought a new stake in Applied Aerospace & Defense in the 2nd quarter valued at about $752,000.

Applied Aerospace & Defense Company Profile

Applied Aerospace and Defense Inc specializes in providing advanced design, engineering and vertically integrated manufacturing solutions for next-generation space and defense technology companies. Its core service offerings include design and analysis, fabrication and assembly and inspection, qualification and testing. Applied Aerospace and Defense Inc is based in HUNTSVILLE, United States.

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