NYSE:AJRDAerojet Rocketdyne Stock Price, Forecast & 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 shares have decreased by 10.3% and is now trading at $38.80. 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) issued its quarterly earnings data on Tuesday, April, 28th. The aerospace company reported $0.35 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.44 by $0.09. The aerospace company had revenue of $476.10 million for the quarter, compared to the consensus estimate of $518.50 million. Aerojet Rocketdyne had a return on equity of 21.60% and a net margin of 6.80%. The business's quarterly revenue was down 3.2% compared to the same quarter last year. During the same period last year, the company earned $0.44 EPS. View Aerojet Rocketdyne's earnings history.

5 analysts have issued 1-year price objectives for Aerojet Rocketdyne's stock. Their forecasts range from $45.00 to $57.00. On average, they expect Aerojet Rocketdyne's stock price to reach $52.80 in the next twelve months. This suggests a possible upside of 36.1% from the stock's current price. View analysts' price targets for Aerojet Rocketdyne.

Media coverage about AJRD stock has trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Aerojet Rocketdyne earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned press coverage about the aerospace company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Aerojet Rocketdyne.

Some companies that are related to Aerojet Rocketdyne include Boeing (BA), Honeywell International (HON), Lockheed Martin (LMT), Northrop Grumman (NOC), General Dynamics (GD), TransDigm Group (TDG), Heico (HEI), Teledyne Technologies (TDY), Textron (TXT), Huntington Ingalls Industries (HII), Axon Enterprise (AAXN), Curtiss-Wright (CW), Hexcel (HXL), Spirit AeroSystems (SPR) and Kratos Defense & Security Solutions (KTOS). 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 a number of institutional and retail investors. Top institutional shareholders include Reinhart Partners Inc. (0.80%). 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 bought by a variety of institutional investors in the last quarter, including 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 $38.80.

Aerojet Rocketdyne has a market capitalization of $3.05 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]