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. Since then, AJRD shares have decreased by 5.9% and is now trading at $40.73. View which stocks have been mosted impacted by Coronavirus.

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.

Aerojet Rocketdyne is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Aerojet Rocketdyne.

Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) released its quarterly earnings data on Wednesday, February, 19th. The aerospace company reported $0.27 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.46 by $0.19. The aerospace company earned $523 million during the quarter, compared to the consensus estimate of $504.75 million. Aerojet Rocketdyne had a return on equity of 24.42% and a net margin of 7.12%. The business's revenue was up 19.4% compared to the same quarter last year. During the same period last year, the firm posted $0.33 EPS. View Aerojet Rocketdyne's earnings history.

4 brokerages have issued 1-year price objectives for Aerojet Rocketdyne's shares. Their forecasts range from $52.00 to $57.00. On average, they anticipate Aerojet Rocketdyne's stock price to reach $55.00 in the next twelve months. This suggests a possible upside of 35.0% from the stock's current price. View analysts' price targets for Aerojet Rocketdyne.

News stories about AJRD stock have trended very negative recently, InfoTrie reports. InfoTrie identifies negative and positive media coverage by reviewing 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 daily sentiment score of -3.3 on InfoTrie's scale. They also gave media 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 stock's share price in the near future. View the latest news aboutAerojet Rocketdyne.

Aerojet Rocketdyne saw a decline in short interest in the month of March. As of March 13th, there was short interest totaling 5,941,700 shares, a decline of 8.2% from the February 27th total of 6,470,000 shares. Based on an average daily trading volume, of 592,200 shares, the days-to-cover ratio is presently 10.0 days. Approximately 7.8% of the shares of the stock are sold short. View Aerojet Rocketdyne's Current Options Chain.

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

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), Walt Disney (DIS), General Electric (GE), Canopy Growth (CGC), Advanced Micro Devices (AMD), Cisco Systems (Csco) and Kratos Defense & Security Solutions (KTOS).

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

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 $40.73.

Aerojet Rocketdyne has a market capitalization of $3.20 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. 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]