Aerojet Rocketdyne Stock Price, Forecast & Analysis (NYSE:AJRD)

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

Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) released its quarterly earnings results on Tuesday, October, 29th. The aerospace company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.44 by $0.09. The aerospace company earned $481.80 million during the quarter, compared to analysts' expectations of $505.47 million. Aerojet Rocketdyne had a net margin of 7.34% and a return on equity of 27.14%. The business's revenue was down 3.4% on a year-over-year basis. During the same period in the previous year, the business 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 stock. Their forecasts range from $50.00 to $55.00. On average, they expect Aerojet Rocketdyne's share price to reach $52.33 in the next twelve months. This suggests a possible upside of 18.6% 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.

Press coverage about AJRD stock has been trending negative on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Aerojet Rocketdyne earned a media sentiment score of -2.5 on InfoTrie's scale. They also assigned press coverage about the aerospace company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Aerojet Rocketdyne.

Aerojet Rocketdyne saw a drop in short interest in October. As of October 31st, there was short interest totalling 8,520,000 shares, a drop of 8.8% from the September 30th total of 9,340,000 shares. Based on an average daily trading volume, of 622,600 shares, the short-interest ratio is presently 13.7 days. Currently, 11.1% of the shares of the stock are sold short. View Aerojet Rocketdyne's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Aerojet Rocketdyne investors own include NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), General Electric (GE), Boeing (BA), Kratos Defense & Security Solutions (KTOS), Canopy Growth (CGC), Novavax (NVAX), Organovo (ONVO) 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%), Gabelli Funds LLC (3.08%), Eagle Asset Management Inc. (2.84%), Carillon Tower Advisers Inc. (2.38%), Teton Advisors Inc. (1.41%) and Rice Hall James & Associates LLC (0.59%). 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, Carillon Tower Advisers Inc., Systematic Financial Management LP, Rice Hall James & Associates LLC, IMA Wealth Inc. and Lawson Kroeker Investment Management Inc. NE. 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 bought by a variety of institutional investors in the last quarter, including Emerald Advisers LLC, Emerald Mutual Fund Advisers Trust, Monarch Partners Asset Management LLC, California Public Employees Retirement System, State of New Jersey Common Pension Fund D, First Trust Advisors LP, Chartwell Investment Partners LLC and Lisanti Capital Growth 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 $44.11.

Aerojet Rocketdyne has a market capitalization of $3.47 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]