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) posted its quarterly earnings data on Tuesday, October, 29th. 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 had revenue of $481.80 million for the quarter, compared to analyst estimates of $505.47 million. Aerojet Rocketdyne had a return on equity of 27.14% and a net margin of 7.34%. Aerojet Rocketdyne's revenue for the quarter was down 3.4% compared to the same quarter last year. During the same quarter last 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 brokers have issued 12 month price targets 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 2.8% 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.

Media headlines about AJRD stock have been trending extremely negative on Tuesday, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. 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 news impact score of -4.0 on InfoTrie's scale. They also gave news headlines about the aerospace company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Aerojet Rocketdyne.

Aerojet Rocketdyne saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 7,920,000 shares, an increase of 5.3% from the December 15th total of 7,520,000 shares. Based on an average daily trading volume, of 564,000 shares, the days-to-cover ratio is currently 14.0 days. Approximately 10.4% of the shares of the company are short sold. 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 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), 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 number of of retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.51%), Lawson Kroeker Investment Management Inc. NE (0.17%), Hennessy Advisors Inc. (0.10%), State of Alaska Department of Revenue (0.07%) and Louisiana State Employees Retirement System (0.03%). 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 Scout Investments Inc., Hennessy Advisors Inc., Lawson Kroeker Investment Management Inc. NE, Louisiana State Employees Retirement System and State of Alaska Department of Revenue. 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.

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 $52.06.

Aerojet Rocketdyne has a market capitalization of $4.10 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]