Aerojet Rocketdyne Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Aerojet Rocketdyne in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Aerojet Rocketdyne stock.
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2 Wall Street research analysts have issued twelve-month price targets for Aerojet Rocketdyne's stock. Their AJRD stock forecasts range from $36.00 to $49.00. On average, they predict Aerojet Rocketdyne's stock price to reach $44.00 in the next twelve months. This suggests a possible upside of 9.4% from the stock's current price.
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Aerojet Rocketdyne's stock was trading at $46.76 at the beginning of the year. Since then, AJRD stock has decreased by 14.0% and is now trading at $40.23.
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Aerojet Rocketdyne is scheduled to release its next quarterly earnings announcement on Monday, July 25th 2022.
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Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) issued its quarterly earnings data on Tuesday, May, 3rd. The aerospace company reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.42 by $0.02. The aerospace company earned $511.10 million during the quarter, compared to analysts' expectations of $525.20 million. Aerojet Rocketdyne had a net margin of 6.96% and a trailing twelve-month return on equity of 37.15%. Aerojet Rocketdyne's quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.36 EPS.
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118 employees have rated Aerojet Rocketdyne CEO Eileen Drake on Glassdoor.com. Eileen Drake has an approval rating of 46% among Aerojet Rocketdyne's employees. This puts Eileen Drake in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Aerojet Rocketdyne include Honeywell International (HON), Lockheed Martin (LMT), Boeing (BA), Northrop Grumman (NOC), General Dynamics (GD), TransDigm Group (TDG), HEICO (HEI), Teledyne Technologies (TDY), Textron (TXT), Huntington Ingalls Industries (HII), Curtiss-Wright (CW), Hexcel (HXL), Spirit AeroSystems (SPR), AeroVironment (AVAV) and Kratos Defense & Security Solutions (KTOS).
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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), 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.63%), Vanguard Group Inc. (10.17%), State Street Corp (5.14%), Gamco Investors INC. ET AL (3.37%), Nuance Investments LLC (2.92%) and Gabelli Funds LLC (2.12%). Company insiders that own Aerojet Rocketdyne stock include Daniel L Boehle, Eileen P Drake, Mark A Tucker, Martin Turchin and Thomas A Corcoran.
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AJRD stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Canada Pension Plan Investment Board, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Wellington Management Group LLP, Qube Research & Technologies Ltd, Stansberry Asset Management LLC, Bank of Montreal Can, and BCK Capital Management LP.
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AJRD stock was bought by a variety of institutional investors in the last quarter, including Reinhart Partners Inc., Nuance Investments LLC, BlackRock Inc., State Street Corp, American Century Companies Inc., Deroy & Devereaux Private Investment Counsel Inc., Sather Financial Group Inc, and Ingalls & Snyder LLC.
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Shares of AJRD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AJRD stock can currently be purchased for approximately $40.23.

Aerojet Rocketdyne (NYSE:AJRD) has a market capitalization of $3.24 billion and generates $2.19 billion in revenue each year. The aerospace company earns $143.70 million in net income (profit) each year or $1.849990 on an earnings per share basis.

Aerojet Rocketdyne employs 5,000 workers across the globe.

Aerojet Rocketdyne's mailing address is 222 N. Pacific Coast Highway Suite 500, El Segundo CA, 90245. The official website for Aerojet Rocketdyne is www.aerojetrocketdyne.com. The aerospace company can be reached via phone at (252) 252-8100, via email at [email protected], or via fax at 916-351-8668.