Aerojet Rocketdyne Stock Forecast, Price & News

Aerojet Rocketdyne's stock was trading at $43.27 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AJRD stock has decreased by 12.0% and is now trading at $38.07.
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4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aerojet Rocketdyne in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Aerojet Rocketdyne is scheduled to release its next quarterly earnings announcement on Wednesday, February 17th 2021.
View our earnings forecast for Aerojet Rocketdyne.

Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) released its quarterly earnings results on Monday, October, 26th. The aerospace company reported $0.38 EPS for the quarter, missing analysts' consensus estimates of $0.46 by $0.08. The aerospace company had revenue of $527.70 million for the quarter, compared to analyst estimates of $519.05 million. Aerojet Rocketdyne had a net margin of 6.26% and a return on equity of 19.05%. The company's revenue for the quarter was up 9.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.35 earnings per share.
View Aerojet Rocketdyne's earnings history.

4 brokerages have issued 1 year price targets for Aerojet Rocketdyne's stock. Their forecasts range from $52.00 to $60.00. On average, they anticipate Aerojet Rocketdyne's share price to reach $55.40 in the next twelve months. This suggests a possible upside of 45.5% from the stock's current price.
View analysts' price targets for Aerojet Rocketdyne.

Some companies that are related to Aerojet Rocketdyne include Honeywell International (HON), The Boeing (BA), Lockheed Martin (LMT), Northrop Grumman (NOC), General Dynamics (GD), TransDigm Group (TDG), HEICO (HEI), Teledyne Technologies (TDY), Textron (TXT), Axon Enterprise (AAXN), Huntington Ingalls Industries (HII), Curtiss-Wright (CW), Hexcel (HXL), Spirit AeroSystems (SPR) and (MOG.A) (MOG.A).
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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), The Boeing (BA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Intel (INTC), AT&T (T), QUALCOMM (QCOM) and International Business Machines (IBM).

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

Aerojet Rocketdyne's stock is owned by a variety of retail and institutional investors. Top institutional investors include State Street Corp (4.09%), Gamco Investors INC. ET AL (3.99%), Principal Financial Group Inc. (1.16%), Reinhart Partners Inc. (0.86%), Scout Investments Inc. (0.81%) and Charles Schwab Investment Management Inc. (0.71%). Company insiders that own Aerojet Rocketdyne stock include Eileen P Drake, 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 State Street Corp, Gamco Investors INC. ET AL, Los Angeles Capital Management & Equity Research Inc., Rothschild & Co. Asset Management US Inc., Emerald Mutual Fund Advisers Trust, First Trust Advisors LP, Emerald Advisers LLC, and AQR Capital Management LLC. Company insiders that have sold Aerojet Rocketdyne company stock in the last year include Mark A Tucker, and Thomas A Corcoran.
View insider buying and selling activity for Aerojet Rocketdyne.

AJRD stock was acquired by a variety of institutional investors in the last quarter, including Scout Investments Inc., Arrowstreet Capital Limited Partnership, Reinhart Partners Inc., Cubist Systematic Strategies LLC, Paradigm Capital Management Inc. NY, Squarepoint Ops LLC, ExodusPoint Capital Management LP, and Schonfeld Strategic Advisors LLC.
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 $38.07.

Aerojet Rocketdyne has a market capitalization of $2.94 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]