NYSE:AJRD - Aerojet Rocketdyne Stock Price, Forecast & News

Aerojet Rocketdyne trades on the New York Stock Exchange (NYSE) under the ticker symbol "AJRD."

Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) issued its quarterly earnings results on Tuesday, October, 29th. The aerospace company reported $0.35 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.44 by $0.09. The aerospace company had revenue of $481.80 million for the quarter, compared to analysts' expectations of $505.47 million. Aerojet Rocketdyne had a return on equity of 27.14% and a net margin of 7.34%. Aerojet Rocketdyne's revenue for the quarter was down 3.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.42 EPS. View Aerojet Rocketdyne's Earnings History.

Aerojet Rocketdyne is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Aerojet Rocketdyne.

4 analysts have issued 12-month price objectives for Aerojet Rocketdyne's shares. Their forecasts range from $50.00 to $55.00. On average, they anticipate Aerojet Rocketdyne's stock price to reach $52.33 in the next year. This suggests a possible upside of 16.5% from the stock's current price. View Analyst Price Targets for Aerojet Rocketdyne.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aerojet Rocketdyne in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Aerojet Rocketdyne.

Headlines about AJRD stock have trended somewhat negative this week, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Aerojet Rocketdyne earned a media sentiment score of -1.2 on InfoTrie's scale. They also gave headlines about the aerospace company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Aerojet Rocketdyne.

Aerojet Rocketdyne saw a decrease in short interest in November. As of November 15th, there was short interest totalling 8,520,000 shares, a decrease of 8.8% from the October 31st total of 9,340,000 shares. Based on an average daily trading volume, of 622,600 shares, the short-interest ratio is currently 13.7 days. Currently, 11.1% of the company's shares are short sold. View Aerojet Rocketdyne's Current Options Chain.

Some companies that are related to Aerojet Rocketdyne include Boeing (BA), United Technologies (UTX), Honeywell International (HON), Lockheed Martin (LMT), Raytheon (RTN), Northrop Grumman (NOC), General Dynamics (GD), TransDigm Group (TDG), Rockwell Collins (COL), Heico (HEI), Teledyne Technologies (TDY), Huntington Ingalls Industries (HII), Textron (TXT), Spirit AeroSystems (SPR) and Hexcel (HXL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Aerojet Rocketdyne investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), General Electric (GE), Boeing (BA), Kratos Defense & Security Solutions (KTOS), Canopy Growth (CGC), Advanced Micro Devices (AMD), Novavax (NVAX) and Raytheon (RTN).

Aerojet Rocketdyne's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Gamco Investors INC. ET AL (4.63%), State Street Corp (4.48%), Gabelli Funds LLC (3.08%), Eagle Asset Management Inc. (2.84%), Carillon Tower Advisers Inc. (2.38%) and Teton Advisors Inc. (1.41%). Company insiders that own Aerojet Rocketdyne stock include Eileen P Drake, James H Perry, Martin Turchin and Thomas A Corcoran. View Institutional Ownership Trends for Aerojet Rocketdyne.

AJRD stock was sold by a variety of institutional investors in the last quarter, including Gamco Investors INC. ET AL, Scout Investments Inc., Gabelli Funds LLC, Man Group plc, Carillon Tower Advisers Inc., State Street Corp, Public Employees Retirement System of Ohio and Systematic Financial Management LP. Company insiders that have sold Aerojet Rocketdyne company stock in the last year include Eileen P Drake, Martin Turchin and Thomas A Corcoran. View Insider Buying and Selling for Aerojet Rocketdyne.

AJRD stock was purchased by a variety of institutional investors in the last quarter, including Emerald Advisers LLC, Emerald Mutual Fund Advisers Trust, Gilder Gagnon Howe & Co. LLC, Monarch Partners Asset Management LLC, California Public Employees Retirement System, State of New Jersey Common Pension Fund D, First Trust Advisors LP and Voloridge Investment Management LLC. View Insider Buying and Selling for Aerojet Rocketdyne.

Shares of AJRD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of AJRD stock can currently be purchased for approximately $44.91.

Aerojet Rocketdyne has a market capitalization of $3.53 billion and generates $1.90 billion in revenue each year. The aerospace company earns $137.30 million in net income (profit) each year or $1.93 on an earnings per share basis. Aerojet Rocketdyne employs 5,004 workers across the globe.View Additional Information About Aerojet Rocketdyne.

The official website for Aerojet Rocketdyne is http://www.aerojetrocketdyne.com/.

Aerojet Rocketdyne's mailing address is 222 N. Pacific Coast Highway Suite 500, El Segundo CA, 90245. The aerospace company can be reached via phone at 310-252-8100 or via email at [email protected]