NYSE:AJRDAerojet Rocketdyne Stock Price, Forecast & News

$40.73

-0.83 (-2.00 %)

(As of 04/5/2020 03:08 AM ET)

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Today's Range

$39.82

Now: $40.73▼

$42.23

50-Day Range

$35.59

MA: $46.82▼

$55.96

52-Week Range

$30.11

Now: $40.73▼

$57.27

Volume631,602 shs

Average Volume961,022 shs

Market Capitalization$3.20 billion

P/E Ratio23.96

Dividend YieldN/A

Beta0.55

Aerojet Rocketdyne Holdings, Inc. designs, develops, manufactures, and sells aerospace and defense products and systems in the United States. The company operates through two segments, Aerospace and Defense, and Real Estate. The Aerospace and Defense segment offers aerospace and defense products and systems for the United States government, including the Department of Defense, the National Aeronautics and Space Administration, and aerospace and defense prime contractors. This segment provides propulsion systems, such as liquid, solid, air-breathing, and electric propulsion systems for space, defense, civil, and commercial applications; and armament systems. The Real Estate segment engages in the re-zoning, entitlement, sale, and leasing of the company's excess real estate assets. It owns 11,451 acres of land adjacent to the United States Highway 50 between Rancho Cordova and Folsom, California east of Sacramento. The company was formerly known as GenCorp Inc. and changed its name to Aerojet Rocketdyne Holdings, Inc. in April 2015. Aerojet Rocketdyne Holdings, Inc. was founded in 1915 and is headquartered in El Segundo, California.

Beat the Market (BTM) Rank^™

3.4 Analyst's Opinion

Consensus Rating
Aerojet Rocketdyne has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $55.00, Aerojet Rocketdyne has a potential upside of 35.0% from its current price of $40.73.
Amount of Analyst Coverage
Aerojet Rocketdyne has only been the subject of 2 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
Aerojet Rocketdyne has received 258 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Aerojet Rocketdyne has received 245 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Aerojet Rocketdyne has received 51.29% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Aerojet Rocketdyne and other stocks. Vote “Outperform” if you believe AJRD will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AJRD will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Aerojet Rocketdyne does not currently pay a dividend.
Dividend Growth
Aerojet Rocketdyne does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Aerojet Rocketdyne insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $655,770.00 in company stock.
Percentage Held by Insiders
Only 3.00% of the stock of Aerojet Rocketdyne is held by insiders.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Aerojet Rocketdyne are expected to grow by 10.33% in the coming year, from $1.84 to $2.03 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Aerojet Rocketdyne is 23.96, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.18.
Price to Earnings Ratio vs. Sector
The P/E ratio of Aerojet Rocketdyne is 23.96, which means that it is trading at a more expensive P/E ratio than the Aerospace sector average P/E ratio of about 22.85.
Price to Book Value per Share Ratio
Aerojet Rocketdyne has a P/B Ratio of 5.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.32 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Guided missiles & space vehicles & parts

Sub-IndustryAerospace & Defense

SectorAerospace

Current SymbolNYSE:AJRD

Previous Symbol

CUSIP36868210

CIK40888

Webhttp://www.aerojetrocketdyne.com/

Phone310-252-8100

Debt

Debt-to-Equity Ratio0.68

Current Ratio1.63

Quick Ratio1.63

Price-To-Earnings

Trailing P/E Ratio23.96

Forward P/E Ratio22.14

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.98 billion

Price / Sales1.61

Cash Flow$2.67 per share

Price / Cash Flow15.28

Book Value$7.33 per share

Price / Book5.56

Profitability

EPS (Most Recent Fiscal Year)$1.56

Net Income$141 million

Net Margins7.12%

Return on Equity24.42%

Return on Assets4.98%

Miscellaneous

Employees4,814

Outstanding Shares78,540,000

Market Cap$3.20 billion

Next Earnings Date5/5/2020 (Estimated)

OptionableOptionable

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Aerojet Rocketdyne (NYSE:AJRD) Frequently Asked Questions

How has Aerojet Rocketdyne's stock been impacted by COVID-19 (Coronavirus)?

Aerojet Rocketdyne's stock was trading at $43.27 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, AJRD shares have decreased by 5.9% and is now trading at $40.73. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Aerojet Rocketdyne's next earnings date?

Aerojet Rocketdyne is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Aerojet Rocketdyne.

How were Aerojet Rocketdyne's earnings last quarter?

Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) released its quarterly earnings data on Wednesday, February, 19th. The aerospace company reported $0.27 EPS for the quarter, missing the Zacks' consensus estimate of $0.46 by $0.19. The aerospace company earned $523 million during the quarter, compared to analyst estimates of $504.75 million. Aerojet Rocketdyne had a net margin of 7.12% and a return on equity of 24.42%. The firm's revenue for the quarter was up 19.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.33 EPS. View Aerojet Rocketdyne's earnings history.

What price target have analysts set for AJRD?

4 brokerages have issued 1 year target prices for Aerojet Rocketdyne's shares. Their forecasts range from $52.00 to $57.00. On average, they expect Aerojet Rocketdyne's stock price to reach $55.00 in the next twelve months. This suggests a possible upside of 35.0% from the stock's current price. View analysts' price targets for Aerojet Rocketdyne.

Has Aerojet Rocketdyne been receiving favorable news coverage?

News headlines about AJRD stock have trended very negative on Sunday, according to InfoTrie. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Aerojet Rocketdyne earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news articles about the aerospace company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutAerojet Rocketdyne.

Are investors shorting Aerojet Rocketdyne?

Aerojet Rocketdyne saw a decrease in short interest in the month of March. As of March 13th, there was short interest totaling 5,941,700 shares, a decrease of 8.2% from the February 27th total of 6,470,000 shares. Based on an average trading volume of 592,200 shares, the short-interest ratio is presently 10.0 days. Approximately 7.8% of the company's stock are short sold. View Aerojet Rocketdyne's Current Options Chain.

Who are some of Aerojet Rocketdyne's key competitors?

Some companies that are related to Aerojet Rocketdyne include Lockheed Martin (LMT), Honeywell International (HON), United Technologies (UTX), Boeing (BA), Northrop Grumman (NOC), General Dynamics (GD), Raytheon (RTN), TransDigm Group (TDG), Teledyne Technologies (TDY), Heico (HEI), Huntington Ingalls Industries (HII), Textron (TXT), Axon Enterprise (AAXN), Curtiss-Wright (CW) and Hexcel (HXL).

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), Alibaba Group (BABA), Micron Technology (MU), Boeing (BA), Walt Disney (DIS), General Electric (GE), Canopy Growth (CGC), Advanced Micro Devices (AMD), Cisco Systems (Csco) and Kratos Defense & Security Solutions (KTOS).

Who are Aerojet Rocketdyne's key executives?

Aerojet Rocketdyne's management team includes the following people:

Ms. Eileen P. Drake, CEO, Pres & Director (Age 52)
Mr. Paul R. Lundstrom, VP & CFO (Age 44)
Mr. Mark A. Tucker, Chief Operating Officer (Age 60)
Mr. Arjun L. Kampani, VP, Gen. Counsel & Sec. (Age 47)
Mr. John D. Schumacher, Sr. VP of Washington Operations (Age 64)

What is Aerojet Rocketdyne's stock symbol?

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

How do I buy shares of 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.

What is Aerojet Rocketdyne's stock price today?

One share of AJRD stock can currently be purchased for approximately $40.73.

How big of a company is Aerojet Rocketdyne?

Aerojet Rocketdyne has a market capitalization of $3.20 billion and generates $1.98 billion in revenue each year. The aerospace company earns $141 million in net income (profit) each year or $1.56 on an earnings per share basis. Aerojet Rocketdyne employs 4,814 workers across the globe. View additional information about Aerojet Rocketdyne.

What is Aerojet Rocketdyne's official website?

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

How can I contact Aerojet Rocketdyne?

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]

This page was last updated on 4/5/2020 by MarketBeat.com Staff

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NYSE:AJRDAerojet Rocketdyne Stock Price, Forecast & News

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Beat the Market (BTM) Rank™

3.4 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage