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) announced its earnings results on Tuesday, October, 29th. The aerospace company reported $0.35 EPS for the quarter, missing analysts' consensus estimates of $0.44 by $0.09. The aerospace company had revenue of $481.80 million for the quarter, compared to the consensus estimate of $505.47 million. Aerojet Rocketdyne had a net margin of 7.34% and a return on equity of 27.14%. Aerojet Rocketdyne's revenue was down 3.4% compared to the same quarter last year. During the same quarter in the prior 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 brokerages have issued 1 year price objectives for Aerojet Rocketdyne's shares. Their forecasts range from $50.00 to $57.00. On average, they expect Aerojet Rocketdyne's share price to reach $53.50 in the next twelve months. This suggests a possible upside of 1.2% 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.

News coverage about AJRD stock has been trending somewhat negative on Tuesday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public 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 -1.4 on InfoTrie's scale. They also gave news coverage about the aerospace company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Aerojet Rocketdyne.

Aerojet Rocketdyne saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 7,920,000 shares, an increase of 5.3% from the December 31st total of 7,520,000 shares. Based on an average daily volume of 563,700 shares, the short-interest ratio is presently 14.1 days. Approximately 10.4% of the company's shares are sold short. 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 Curtiss-Wright (CW).

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), Kratos Defense & Security Solutions (KTOS), Boeing (BA), Advanced Micro Devices (AMD), Canopy Growth (CGC), Raytheon (RTN) and Novavax (NVAX).

Aerojet Rocketdyne's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Reinhart Partners Inc. (0.57%), Scout Investments Inc. (0.51%), California Public Employees Retirement System (0.27%), New York State Teachers Retirement System (0.20%), Lawson Kroeker Investment Management Inc. NE (0.17%) and Hennessy Advisors Inc. (0.10%). 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 Arizona State Retirement System, Virginia Retirement Systems ET AL, New York State Teachers Retirement System, Scout Investments Inc., Hennessy Advisors Inc., Lawson Kroeker Investment Management Inc. NE, Strs Ohio and Louisiana State Employees Retirement System. 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 Reinhart Partners Inc., California Public Employees Retirement System, Deroy & Devereaux Private Investment Counsel Inc., Welch Group LLC and Zurcher Kantonalbank Zurich Cantonalbank . 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 $52.86.

Aerojet Rocketdyne has a market capitalization of $4.16 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]