NYSE:AJRDAerojet Rocketdyne Stock Price, Forecast & News

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 stock has increased by 4.6% and is now trading at $45.26. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aerojet Rocketdyne in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Aerojet Rocketdyne.

Aerojet Rocketdyne is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Aerojet Rocketdyne.

Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) released its quarterly earnings data on Tuesday, April, 28th. The aerospace company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $0.09. The aerospace company earned $476.10 million during the quarter, compared to analyst estimates of $518.50 million. Aerojet Rocketdyne had a return on equity of 21.60% and a net margin of 6.80%. The firm's revenue was down 3.2% on a year-over-year basis. During the same quarter last year, the company earned $0.44 earnings per share. View Aerojet Rocketdyne's earnings history.

5 brokers have issued 12-month price targets for Aerojet Rocketdyne's stock. Their forecasts range from $45.00 to $57.00. On average, they anticipate Aerojet Rocketdyne's share price to reach $52.80 in the next twelve months. This suggests a possible upside of 16.7% from the stock's current price. View analysts' price targets for Aerojet Rocketdyne.

News headlines about AJRD stock have been trending somewhat negative on Friday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. 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 news impact score of -1.9 on InfoTrie's scale. They also assigned media stories about the aerospace company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutAerojet Rocketdyne.

Aerojet Rocketdyne saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 5,010,000 shares, an increase of 5.3% from the April 30th total of 4,760,000 shares. Based on an average daily trading volume, of 732,200 shares, the days-to-cover ratio is presently 6.8 days. Approximately 6.5% of the company's stock are short sold. View Aerojet Rocketdyne's Current Options Chain.

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

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), General Electric (GE), Canopy Growth (CGC), Walt Disney (DIS), AbbVie (ABBV), Advanced Micro Devices (AMD) and Cisco Systems (CSCO).

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

Aerojet Rocketdyne's stock is owned by many different retail and institutional investors. Top institutional shareholders include State Street Corp (4.89%), Gamco Investors INC. ET AL (4.56%), Wellington Management Group LLP (3.64%), Gabelli Funds LLC (2.90%), Eagle Asset Management Inc. (2.85%) and Bank of New York Mellon Corp (2.81%). Company insiders that own Aerojet Rocketdyne stock include Eileen P Drake, James H Perry, Mark A Tucker, 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 Deutsche Bank AG, Wellington Management Group LLP, Bessemer Group Inc., Balyasny Asset Management LLC, Principal Financial Group Inc., Rice Hall James & Associates LLC, Rice Hall James & Associates LLC, and Capital Research Global Investors. Company insiders that have sold Aerojet Rocketdyne company stock in the last year include Eileen P Drake, Mark A Tucker, Martin Turchin, and Thomas A Corcoran. View insider buying and selling activity for Aerojet Rocketdyne.

AJRD stock was purchased by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, Capital World Investors, Loomis Sayles & Co. L P, State Street Corp, Alliancebernstein L.P., Emerald Advisers LLC, Bank of New York Mellon Corp, and Reinhart Partners Inc.. View insider buying and selling activity 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 $45.26.

Aerojet Rocketdyne has a market capitalization of $3.55 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.

The official website for Aerojet Rocketdyne is 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]