NYSE:AJRD Aerojet Rocketdyne - AJRD Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $55.65 +0.14 (+0.25%) (As of 03/23/2023 12:00 AM ET) Add Compare Share Share Today's Range$55.55▼$55.7450-Day Range$55.51▼$56.3652-Week Range$36.44▼$56.59Volume1.20 million shsAverage Volume1.17 million shsMarket Capitalization$4.49 billionP/E Ratio61.83Dividend YieldN/APrice Target$58.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Aerojet Rocketdyne MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside4.2% Upside$58.00 Price TargetShort InterestBearish5.22% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.36Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth11.06%From $1.99 to $2.21 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.1.43 out of 5 starsAerospace Sector39th out of 44 stocksGuided Missiles & Space Vehicles & Parts Industry7th 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 4.2% from its current price of $55.65.Amount of Analyst CoverageAerojet Rocketdyne has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.22% 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 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Aerojet Rocketdyne has recently increased by 11.55%, indicating that investor sentiment is decreasing significantly. 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 2.4 News and Social Media Coverage News SentimentAerojet Rocketdyne has a news sentiment score of 0.36. 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 is a lower news sentiment than the 0.49 average news sentiment score of Aerospace companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Aerojet Rocketdyne this week, compared to 3 articles on an average week.Search InterestOnly 8 people have searched for AJRD on MarketBeat in the last 30 days. This is a decrease of -58% 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 100% 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 11.06% in the coming year, from $1.99 to $2.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Aerojet Rocketdyne is 61.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.56.Price to Earnings Ratio vs. SectorThe P/E ratio of Aerojet Rocketdyne is 61.83, which means that it is trading at a more expensive P/E ratio than the Aerospace sector average P/E ratio of about 19.93.Price to Book Value per Share RatioAerojet Rocketdyne has a P/B Ratio of 8.28. 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 HeadlinesMarch 23, 2023 | finance.yahoo.comAerojet Rocketdyne Streamlines Process to Increase GMLRS Rocket Motor ProductionMarch 21, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Aerojet Rocketdyne (NYSE:AJRD)March 24, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...March 18, 2023 | americanbankingnews.comAerojet Rocketdyne (NYSE:AJRD) Sees Large Volume IncreaseMarch 17, 2023 | finanznachrichten.deAerojet Rocketdyne Holdings, Inc.: Aerojet Rocketdyne Stockholders Approve Proposed Acquisition by L3HarrisMarch 16, 2023 | benzinga.comL3Harris Statement on Aerojet Rocketdyne Shareholder VoteMarch 16, 2023 | finance.yahoo.comAerojet Rocketdyne Stockholders Approve Proposed Acquisition by L3HarrisMarch 15, 2023 | msn.comAerojet falls after sale to L3Harris receives second request from FTCMarch 24, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastFebruary 27, 2023 | finance.yahoo.comAerojet Rocketdyne Delivers 830,000th Attitude Control Motor for Patriot Missile as Investments Enable 40% Increase in ProductionFebruary 23, 2023 | finance.yahoo.comAerojet Rocketdyne Begins Hiring for its New State-of-the-Art Manufacturing Facility in HuntsvilleFebruary 22, 2023 | finance.yahoo.comAerojet Rocketdyne’s Advanced Scramjet Engine Powers Hypersonic Vehicle Flight in Partnership with DARPA, AFRL, Lockheed MartinFebruary 16, 2023 | finance.yahoo.comAerojet Rocketdyne Holdings (AJRD) Q4 Earnings Lag EstimatesFebruary 15, 2023 | businesswire.comAEROJET ROCKETDYNE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Aerojet ...February 15, 2023 | finance.yahoo.comAerojet Rocketdyne Holdings, Inc. Reports 2022 Fourth Quarter and Annual ResultsFebruary 12, 2023 | reuters.comAJRD.NJanuary 30, 2023 | finance.yahoo.comDARPA, AFRL, Lockheed Martin and Aerojet Rocketdyne Team's Second Hypersonic Air-breathing Weapon Concept Launched from B-52 Accomplishes All Test ObjectivesJanuary 27, 2023 | msn.comAerojet ticks lower amid Sen. Elizabeth Warren call for FTC to block L3Harris dealJanuary 27, 2023 | finance.yahoo.comUPDATE 2-U.S. Senator Warren urges FTC to stop L3Harris deal to buy AerojetJanuary 13, 2023 | forbes.comFive Reasons An L3Harris Merger With Aerojet Will Not Face The Obstacles Lockheed Martin’s Bid DidJanuary 5, 2023 | fool.comAerojet Rocketdyne (NYSE: AJRD)December 27, 2022 | wsj.comEQUITY ALERT: The M&A Class Action Firm Announces the Investigation of Aerojet Rocketdyne Holdings, Inc. - AJRDDecember 21, 2022 | benzinga.comSHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Aerojet Rocketdyne Holdings, Inc. BuyoutDecember 20, 2022 | wsj.comAJRD Alert: Monsey Firm of Wohl & Fruchter LLP Investigating Sale of Aerojet Rocketdyne Holdings, Inc. to L3Harris TechnologiesDecember 19, 2022 | finance.yahoo.com2 Stocks That Got Deals Done MondayDecember 19, 2022 | benzinga.comShareholder Alert: Ademi LLP investigates whether Aerojet Rocketdyne Holdings, Inc. has obtained a Fair Price in its transaction with L3HarrisDecember 19, 2022 | finance.yahoo.comUPDATE 2-Defense firm L3Harris to buy Aerojet for $4.7 bln with eye on missile demandSee 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 Earnings2/15/2023Today3/23/2023Next Earnings (Estimated)5/02/2023Fiscal 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+4.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.90 Trailing P/E Ratio61.83 Forward P/E Ratio27.96 P/E GrowthN/ANet Income$74 million Net Margins3.31% Pretax Margin4.84% Return on Equity21.00% Return on Assets4.81% Debt Debt-to-Equity Ratio0.53 Current Ratio1.43 Quick Ratio1.43 Sales & Book Value Annual Sales$2.24 billion Price / Sales2.01 Cash Flow$2.15 per share Price / Cash Flow25.85 Book Value$6.72 per share Price / Book8.28Miscellaneous Outstanding Shares80,677,000Free Float78,902,000Market Cap$4.49 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:RKLBHexcelNYSE:HXLSpirit AeroSystemsNYSE:SPRMoogNYSE:MOG.BView All CompetitorsInsiders & InstitutionsVoya Investment Management LLCBought 16,508 shares on 2/28/2023Ownership: 0.062%Teachers Retirement System of The State of KentuckyBought 981 shares on 2/22/2023Ownership: 0.029%Truist Financial CorpBought 4,976 shares on 2/17/2023Ownership: 0.006%Alliancebernstein L.P.Bought 5,880 shares on 2/16/2023Ownership: 0.141%State of WyomingBought 663 shares on 2/16/2023Ownership: 0.002%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 research analysts have issued "buy," "hold," and "sell" ratings for Aerojet Rocketdyne in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street 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 equities research 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 4.2% 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 0.5% and is now trading at $55.65. View the best growth stocks for 2023 here. Are investors shorting Aerojet Rocketdyne? Aerojet Rocketdyne saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 3,960,000 shares, an increase of 11.5% from the February 13th total of 3,550,000 shares. Based on an average daily volume of 1,330,000 shares, the days-to-cover ratio is presently 3.0 days. Approximately 5.2% of the shares of the company are short sold. View Aerojet Rocketdyne's Short Interest. When is Aerojet Rocketdyne's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023. View our AJRD earnings forecast. How were Aerojet Rocketdyne's earnings last quarter? Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) announced its earnings results on Wednesday, February, 15th. The aerospace company reported $0.31 EPS for the quarter, missing analysts' consensus estimates of $0.56 by $0.25. The aerospace company had revenue of $648.20 million for the quarter, compared to the consensus estimate of $615.73 million. Aerojet Rocketdyne had a trailing twelve-month return on equity of 21.00% and a net margin of 3.31%. The business's revenue was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.43 earnings per share. What ETFs hold Aerojet Rocketdyne's stock? ETFs with the largest weight of Aerojet Rocketdyne (NYSE:AJRD) stock in their portfolio include IQ Merger Arbitrage ETF (MNA), SPDR S&P Aerospace & Defense ETF (XAR), SPDR S&P Kensho Final Frontiers ETF (ROKT), Invesco S&P SmallCap Industrials ETF (PSCI), ProShares Merger ETF (MRGR), First Trust Indxx Aerospace & Defense ETF (MISL), SPDR Kensho Future Security ETF (FITE) and 3D Printing ETF (PRNT). 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 investors include Steel Partners Holdings L.P. (4.47%), Gamco Investors INC. ET AL (3.65%), Gamco Investors INC. ET AL (3.62%), Nuance Investments LLC (3.18%), Dimensional Fund Advisors LP (2.20%) and Gabelli Funds LLC (2.20%). 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 $55.65. How much money does Aerojet Rocketdyne make? Aerojet Rocketdyne (NYSE:AJRD) has a market capitalization of $4.49 billion and generates $2.24 billion in revenue each year. The aerospace company earns $74 million in net income (profit) each year or $0.90 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 3/24/2023 by MarketBeat.com Staff 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. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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