NYSE:AJRD Aerojet Rocketdyne (AJRD) Stock Forecast, Price & News $54.46 -0.27 (-0.49%) (As of 02:50 PM ET) Add Compare Share Share Today's Range$54.46▼$54.8650-Day Range$54.29▼$56.7852-Week Range$36.44▼$56.80Volume510,585 shsAverage Volume994,825 shsMarket Capitalization$4.40 billionP/E Ratio59.85Dividend YieldN/APrice Target$58.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Aerojet Rocketdyne MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside6.4% Upside$58.00 Price TargetShort InterestBearish7.75% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.58Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth11.56%From $1.99 to $2.22 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.50 out of 5 starsAerospace Sector41st out of 47 stocksGuided Missiles & Space Vehicles & Parts Industry8th out of 8 stocks 1.0 Analyst's Opinion Consensus RatingAerojet Rocketdyne has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $58.00, Aerojet Rocketdyne has a forecasted upside of 6.4% from its current price of $54.50.Amount of Analyst CoverageAerojet Rocketdyne has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted7.75% of the float of Aerojet Rocketdyne has been sold short.Short Interest Ratio / Days to CoverAerojet Rocketdyne has a short interest ratio ("days to cover") of 6.1.Change versus previous monthShort interest in Aerojet Rocketdyne has recently decreased by 2.83%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldAerojet Rocketdyne does not currently pay a dividend.Dividend GrowthAerojet Rocketdyne does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AJRD. Previous Next 3.1 News and Social Media Coverage News SentimentAerojet Rocketdyne has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Aerospace companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Aerojet Rocketdyne this week, compared to 4 articles on an average week.Search Interest5 people have searched for AJRD on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.MarketBeat Follows6 people have added Aerojet Rocketdyne to their MarketBeat watchlist in the last 30 days. This is an increase of 20% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Aerojet Rocketdyne insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.20% of the stock of Aerojet Rocketdyne is held by insiders.Percentage Held by Institutions93.78% of the stock of Aerojet Rocketdyne is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Aerojet Rocketdyne are expected to grow by 11.56% in the coming year, from $1.99 to $2.22 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Aerojet Rocketdyne is 59.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Aerojet Rocketdyne is 59.89, which means that it is trading at a more expensive P/E ratio than the Aerospace sector average P/E ratio of about 12.63.Price to Book Value per Share RatioAerojet Rocketdyne has a P/B Ratio of 7.82. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Aerojet Rocketdyne (NYSE:AJRD) StockAerojet Rocketdyne Holdings, Inc. engages in provision of solutions in the field of aerospace and defense, as well as in the field of real estate. It operates through the following business segments: Aerospace and Defense, and Real Estate. The Aerospace and Defense segment operates through Aerojet Rocketdyne, Inc. in developing and manufacturing aerospace and defense products and systems for the United States government, the National Aeronautics and Space Administration, major aerospace and defense prime contractors as well as portions of the commercial sector. The Real Estate segment includes Easton Development Company, LLC in re-zoning, entitlement, sale, and leasing of excess real estate assets. The company was founded on September 29, 1915 and is headquartered in El Segundo, CA.Read More Receive AJRD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Aerojet Rocketdyne and its competitors with MarketBeat's FREE daily newsletter. Email Address AJRD Stock News HeadlinesMay 31, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Aerojet Rocketdyne (NYSE:AJRD)May 25, 2023 | finance.yahoo.comAerojet Rocketdyne Provides RL10 Upper-Stage Rocket Engine to Kennedy Space Center Visitor Complex and the Cox Science CenterMay 31, 2023 | Edge On The Street (Ad)146 Pounds of Graphite Needed for Each EVGraphite - not lithium - is the largest component of lithium-ion batteries used in electric vehicles. That's why 97 more graphite mines will be needed by 2035 just to keep up with battery demand for the $7 trillion EV market.May 24, 2023 | americanbankingnews.comAerojet Rocketdyne (NYSE:AJRD) Research Coverage Started at StockNews.comMay 16, 2023 | msn.comAerojet Rocketdyne Hldgs Earnings Perspective: Return On Capital EmployedMay 16, 2023 | finance.yahoo.comAerojet Rocketdyne’s Jim Maser Earns Top HonorsMay 14, 2023 | americanbankingnews.comAerojet Rocketdyne (NYSE:AJRD) Coverage Initiated by Analysts at StockNews.comMay 5, 2023 | seekingalpha.comAerojet Rocketdyne: Just A HoldMay 31, 2023 | Edge On The Street (Ad)146 Pounds of Graphite Needed for Each EVGraphite - not lithium - is the largest component of lithium-ion batteries used in electric vehicles. That's why 97 more graphite mines will be needed by 2035 just to keep up with battery demand for the $7 trillion EV market.May 5, 2023 | finance.yahoo.comAerojet Rocketdyne Holdings (AJRD) Q1 Earnings Miss EstimatesMay 4, 2023 | finance.yahoo.comAerojet Rocketdyne Holdings, Inc. Reports 2023 First Quarter ResultsApril 29, 2023 | americanbankingnews.comAerojet Rocketdyne (NYSE:AJRD) Receives New Coverage from Analysts at StockNews.comApril 29, 2023 | finance.yahoo.comQ1 2023 L3Harris Technologies Inc Earnings CallApril 21, 2023 | bizjournals.comAerojet Rocketdyne nets $67M contract for Orion propulsion systemsApril 19, 2023 | msn.comAerojet Rocketdyne wins $67M contract for Orion thrusters built in Seattle areaApril 19, 2023 | finance.yahoo.comAerojet Rocketdyne to Provide Propulsion for Three Additional Orion SpacecraftApril 19, 2023 | bizjournals.comAerojet Rocketdyne receives $215.6M to boost manufacturing in AlabamaApril 18, 2023 | finance.yahoo.comAerojet Rocketdyne Delivers Propulsion for Artemis III MissionApril 14, 2023 | msn.comAerojet Rocketdyne to boost manufacturing of rocket tech via $215.6M DoD agreementApril 14, 2023 | finance.yahoo.comAerojet Rocketdyne Awarded $215.6M to Supplement Ongoing Modernization Efforts and Increase Solid Rocket Motor Manufacturing CapacityApril 13, 2023 | bizjournals.comTrucking company sues Aerojet over fire at former Superfund site that burned three big rigsApril 5, 2023 | americanbankingnews.comFY2025 Earnings Estimate for Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) Issued By Jefferies Financial GroupApril 4, 2023 | seekingalpha.comL3Harris Dividends - The Perfect Mix Between Growth And ValueMarch 27, 2023 | finance.yahoo.comAerojet Rocketdyne Selected by Lockheed Martin to Power Additional THAAD InterceptorsMarch 27, 2023 | americanbankingnews.comAerojet Rocketdyne (NYSE:AJRD) Now Covered by Analysts at StockNews.comMarch 23, 2023 | finance.yahoo.comAerojet Rocketdyne Streamlines Process to Increase GMLRS Rocket Motor ProductionMarch 17, 2023 | finanznachrichten.deAerojet Rocketdyne Holdings, Inc.: Aerojet Rocketdyne Stockholders Approve Proposed Acquisition by L3HarrisSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive AJRD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Aerojet Rocketdyne and its competitors with MarketBeat's FREE daily newsletter. Email Address AJRD Company Calendar Last Earnings5/04/2023Today5/31/2023Next Earnings (Estimated)8/07/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Guided missiles & space vehicles & parts Sub-IndustryAerospace & Defense SectorAerospace Current SymbolNYSE:AJRD CUSIP36868210 CIK40888 Webwww.aerojetrocketdyne.com Phone(252) 252-8100Fax916-351-8668Employees5,283Year FoundedN/APrice Target and Rating Average Stock Price Forecast$58.00 High Stock Price Forecast$58.00 Low Stock Price Forecast$58.00 Forecasted Upside/Downside+6.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.91 Trailing P/E Ratio59.88 Forward P/E Ratio27.38 P/E GrowthN/ANet Income$74 million Net Margins3.23% Pretax Margin4.53% Return on Equity20.42% Return on Assets4.77% Debt Debt-to-Equity Ratio0.51 Current Ratio1.53 Quick Ratio1.53 Sales & Book Value Annual Sales$2.24 billion Price / Sales1.97 Cash Flow$2.17 per share Price / Cash Flow25.16 Book Value$6.97 per share Price / Book7.82Miscellaneous Outstanding Shares80,760,000Free Float78,982,000Market Cap$4.40 billion OptionableOptionable Beta0.57 Key ExecutivesEileen P. DrakePresident, Chief Executive Officer & DirectorDaniel L. BoehleChief Financial Officer & Vice PresidentJoseph E. ChontosSecretary, Vice President & General CounselJames G. MaserSenior Vice President-Space Business UnitGregory A. JonesSenior VP-Strategy & Business DevelopmentKey CompetitorsKratos Defense & Security SolutionsNASDAQ:KTOSRocket Lab USANASDAQ:RKLBLeonardo DRSNASDAQ:DRSMoogNYSE:MOG.BHexcelNYSE:HXLView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 5,227 shares on 5/26/2023Ownership: 0.022%Water Island Capital LLCBought 259,755 shares on 5/25/2023Ownership: 1.388%Royce & Associates LPBought 15,893 shares on 5/23/2023Ownership: 0.040%Ameriprise Financial Inc.Sold 47,688 shares on 5/22/2023Ownership: 0.464%Putnam Investments LLCSold 21,883 shares on 5/22/2023Ownership: 0.035%View All Insider TransactionsView All Institutional Transactions AJRD Stock - Frequently Asked Questions Should I buy or sell Aerojet Rocketdyne stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Aerojet Rocketdyne in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AJRD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AJRD, but not buy additional shares or sell existing shares. View AJRD analyst ratings or view top-rated stocks. What is Aerojet Rocketdyne's stock price forecast for 2023? 2 analysts have issued 12-month target prices for Aerojet Rocketdyne's stock. Their AJRD share price forecasts range from $58.00 to $58.00. On average, they predict the company's stock price to reach $58.00 in the next year. This suggests a possible upside of 6.4% from the stock's current price. View analysts price targets for AJRD or view top-rated stocks among Wall Street analysts. How have AJRD shares performed in 2023? Aerojet Rocketdyne's stock was trading at $55.93 at the beginning of 2023. Since then, AJRD stock has decreased by 2.6% and is now trading at $54.49. View the best growth stocks for 2023 here. When is Aerojet Rocketdyne's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023. View our AJRD earnings forecast. How were Aerojet Rocketdyne's earnings last quarter? Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) released its quarterly earnings data on Thursday, May, 4th. The aerospace company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by $0.02. The aerospace company earned $566.30 million during the quarter, compared to analysts' expectations of $540.35 million. Aerojet Rocketdyne had a net margin of 3.23% and a trailing twelve-month return on equity of 20.42%. The company's revenue was up 10.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.44 EPS. What ETFs hold Aerojet Rocketdyne's stock? ETFs with the largest weight of Aerojet Rocketdyne (NYSE:AJRD) stock in their portfolio include AltShares Merger Arbitrage ETF (ARB), IQ Merger Arbitrage ETF (MNA), SPDR S&P Aerospace & Defense ETF (XAR), SPDR S&P Kensho Final Frontiers ETF (ROKT), AltShares Event-Driven ET (EVNT), Invesco S&P SmallCap Industrials ETF (PSCI), ProShares Merger ETF (MRGR) and First Trust Indxx Aerospace & Defense ETF (MISL). What is Eileen Drake's approval rating as Aerojet Rocketdyne's CEO? 118 employees have rated Aerojet Rocketdyne Chief Executive Officer Eileen Drake on Glassdoor.com. Eileen Drake has an approval rating of 46% among the company's employees. This puts Eileen Drake in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Aerojet Rocketdyne own? Based on aggregate information from My MarketBeat watchlists, some companies that other Aerojet Rocketdyne investors own include NVIDIA (NVDA), Micron Technology (MU), Cisco Systems (CSCO), Boeing (BA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Intel (INTC), AT&T (T), QUALCOMM (QCOM) and International Business Machines (IBM). What is Aerojet Rocketdyne's stock symbol? Aerojet Rocketdyne trades on the New York Stock Exchange (NYSE) under the ticker symbol "AJRD." Who are Aerojet Rocketdyne's major shareholders? Aerojet Rocketdyne's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.05%), State Street Corp (4.69%), FIL Ltd (4.00%), Gamco Investors INC. ET AL (3.27%), Barclays PLC (2.60%) and Dimensional Fund Advisors LP (2.17%). Insiders that own company stock include Daniel L Boehle, Eileen P Drake and Thomas A Corcoran. View institutional ownership trends. How do I buy shares of Aerojet Rocketdyne? Shares of AJRD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Aerojet Rocketdyne's stock price today? One share of AJRD stock can currently be purchased for approximately $54.49. How much money does Aerojet Rocketdyne make? Aerojet Rocketdyne (NYSE:AJRD) has a market capitalization of $4.40 billion and generates $2.24 billion in revenue each year. The aerospace company earns $74 million in net income (profit) each year or $0.91 on an earnings per share basis. How many employees does Aerojet Rocketdyne have? The company employs 5,283 workers across the globe. How can I contact Aerojet Rocketdyne? Aerojet Rocketdyne's mailing address is 222 N. Pacific Coast Highway Suite 500, El Segundo CA, 90245. The official website for the company is www.aerojetrocketdyne.com. The aerospace company can be reached via phone at (252) 252-8100, via email at ir@aerojetrocketdyne.com, or via fax at 916-351-8668. This page (NYSE:AJRD) was last updated on 5/31/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Aerojet Rocketdyne Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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