Aerojet Stock Buy Hold or Sell Recommendation

AJRD
 Stock
  

USD 41.17  0.57  1.40%   

Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding Aerojet Rocketdyne Holdings is 'Strong Buy'. Macroaxis provides Aerojet Rocketdyne buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AJRD positions. The advice algorithm takes into account all of Aerojet Rocketdyne's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from Aerojet Rocketdyne's buy-and-hold perspective. Please continue to Aerojet Rocketdyne Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Aerojet and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Aerojet Rocketdyne Holdings.

Execute Aerojet Rocketdyne Buy or Sell Advice

The Aerojet recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Aerojet Rocketdyne Holdings. Macroaxis does not own or have any residual interests in Aerojet Rocketdyne Holdings or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Aerojet Rocketdyne's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Aerojet RocketdyneBuy Aerojet Rocketdyne
Strong Buy

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

UndervaluedDetails

Odds of Distress

LowDetails

Economic Sensitivity

Follows the market closelyDetails

Analyst Consensus

HoldDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Aerojet Rocketdyne Holdings has a Risk Adjusted Performance of 0.0981, Jensen Alpha of 0.2189, Total Risk Alpha of 0.3461, Sortino Ratio of 0.1925 and Treynor Ratio of 0.1902
Aerojet Rocketdyne advice module can be used to check and cross-verify current investment recommendation provided by analysts analyzing the company's potential to grow using all of fundamental, technical, data market data available at the time. To make sure Aerojet Rocketdyne is not overpriced, please confirm all Aerojet Rocketdyne fundamentals, including its price to earning, net income, book value per share, as well as the relationship between the revenue and total debt . Given that Aerojet Rocketdyne has a price to earning of 23.26 X, we suggest you to validate Aerojet Rocketdyne Holdings market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Aerojet Rocketdyne Trading Alerts and Improvement Suggestions

Aerojet Rocketdyne Holdings was previously known as AEROJET ROCKETDYNE HOLDINGS and was traded on New York Stock Exchange under the symbol GY.
Over 97.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.satellitetoday.com: Aerojet Rocketdyne CEO Eileen Drakes Faction Wins All Board Seats in Proxy Battle - Via Satellite

Aerojet Rocketdyne current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Aerojet analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Aerojet analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price44.33
Target Median Price44.00
Target High Price52.00
Recommendation Mean2.00
Number Of Analyst Opinions3
Target Low Price37.00
Average Consensus Hold
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Aerojet Rocketdyne Returns Distribution Density

The distribution of Aerojet Rocketdyne's historical returns is an attempt to chart the future uncertainty of Aerojet Rocketdyne's future price movements. The chart of the probability distribution of Aerojet Rocketdyne stock daily returns describes the distribution of returns around its average expected value. We use Aerojet Rocketdyne Holdings price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Aerojet Rocketdyne returns is essential to provide solid investment advice for Aerojet Rocketdyne stock.
Mean Return0.12Value At Risk-2.45
Potential Upside2.21Standard Deviation1.76
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Aerojet Rocketdyne historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Aerojet Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Aerojet Rocketdyne is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Aerojet Rocketdyne Holdings backward and forwards among themselves. Aerojet Rocketdyne's institutional investor refers to the entity that pools money to purchase Aerojet Rocketdyne's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Blackrock IncCommon Shares13.4 M526.6 M
Vanguard Group IncCommon Shares8.2 M322 M
Millennium Management LlcCommon Shares4.6 M180.5 M
State Street CorpCommon Shares4.1 M162.7 M
Steel Partners Holdings LpCommon Shares3.9 M155.4 M
Gamco Investors Inc Et Al 1Common Shares2.7 M106.7 M
Wolverine Asset Management LlcDebt66.4 M103.1 M
Nuance Investments LlcCommon Shares2.4 M92.5 M
Note, although Aerojet Rocketdyne's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Aerojet Rocketdyne Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(29.4 M)(43.2 M)(42.9 M)(54.6 M)(37.3 M)(40.24 M)
Depreciation Amortization and Accretion72.6 M72.3 M74.5 M65.3 M61.4 M65.48 M
Net Cash Flow or Change in Cash and Cash Equivalents124.7 M205.3 M195.3 M216.9 M(449.1 M)(460.92 M)
Issuance Purchase of Equity Shares4.5 M5.4 M5.2 M(44.2 M)7.7 M8.31 M
Issuance Repayment of Debt Securities(20 M)(28.6 M)(20.8 M)(21.7 M)(182.6 M)(187.41 M)
Net Cash Flow from Financing(21.7 M)(26.5 M)(24.1 M)(85.9 M)(609.5 M)(625.54 M)
Net Cash Flow from Investing(66.4 M)(20.9 M)(41.8 M)(61 M)(39.2 M)(42.29 M)
Net Cash Flow from Operations212.8 M252.7 M261.2 M363.8 M199.6 M205.44 M
Share Based Compensation22 M20.5 M27.3 M31.4 M20.7 M19.76 M

Aerojet Rocketdyne Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Aerojet Rocketdyne or Industrials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Aerojet Rocketdyne stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Aerojet stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
0.22
β
Beta against DOW0.57
σ
Overall volatility
1.78
Ir
Information ratio 0.17

Aerojet Rocketdyne Volatility Alert

Aerojet Rocketdyne Holdings has relatively low volatility with skewness of 1.05 and kurtosis of 4.58. However, we advise all investors to independently investigate Aerojet Rocketdyne Holdings to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Aerojet Rocketdyne's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Aerojet Rocketdyne's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Aerojet Rocketdyne Implied Volatility

Aerojet Rocketdyne's implied volatility exposes the market's sentiment of Aerojet Rocketdyne Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Aerojet Rocketdyne's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Aerojet Rocketdyne stock will not fluctuate a lot when Aerojet Rocketdyne's options are near their expiration.

Aerojet Rocketdyne Fundamentals Vs Peers

Comparing Aerojet Rocketdyne's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Aerojet Rocketdyne's direct or indirect competition across all of the common fundamentals between Aerojet Rocketdyne and the related equities. This way, we can detect undervalued stocks with similar characteristics as Aerojet Rocketdyne or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Aerojet Rocketdyne's fundamental indicators could also be used in its relative valuation, which is a method of valuing Aerojet Rocketdyne by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Aerojet Rocketdyne to competition
FundamentalsAerojet RocketdynePeer Average
Return On Equity37.47 %(0.31) %
Return On Asset5.67 %(0.14) %
Profit Margin6.57 %(1.27) %
Operating Margin13.87 %(5.51) %
Current Valuation2.98 B16.62 B
Shares Outstanding80.5 M571.82 M
Shares Owned by Insiders1.37 %10.09 %
Shares Owned by Institutions97.37 %39.21 %
Number of Shares Shorted4.51 M4.71 M
Price to Earning23.26 X28.72 X
Price to Book8.00 X9.51 X
Price to Sales1.47 X11.42 X
Revenue2.19 B9.43 B
Gross Profit387.9 M27.38 B
EBITDA303.4 M3.9 B
Net Income142.8 M570.98 M
Cash and Equivalents711 M2.7 B
Cash per Share8.96 X5.01 X
Total Debt516 M5.32 B
Debt to Equity0.97 %48.70 %
Current Ratio1.41 X2.16 X
Book Value Per Share5.00 X1.93 K
Cash Flow from Operations199.6 M971.22 M
Short Ratio4.49 X4.00 X
Earnings Per Share1.72 X3.12 X
Price to Earnings To Growth1.62 X4.89 X
Number of Employees5 K18.84 K
Beta0.48-0.15
Market Capitalization3.22 B19.03 B
Total Asset1.95 B29.47 B
Retained Earnings264.23 M9.33 B
Working Capital82.6 M1.48 B
Current Asset573.6 M9.34 B
   Aerojet Rocketdyne exotic insider transaction detected [view details]

Aerojet Rocketdyne Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Aerojet . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution9774.83
Daily Balance Of Power0.6552
Rate Of Daily Change1.01
Day Median Price40.77
Day Typical Price40.9
Market Facilitation Index0.0
Price Action Indicator0.69

About Aerojet Rocketdyne Buy or Sell Advice

When is the right time to buy or sell Aerojet Rocketdyne Holdings? Buying financial instruments such as Aerojet Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Aerojet Rocketdyne investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Receivables112.5 M75.6 M60.6 M62.19 M
Inventories24 M10 M11.5 M11.8 M

Use Investing Ideas to Build Portfolios

In addition to having Aerojet Rocketdyne in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Chemicals Thematic Idea Now

Chemicals
Chemicals Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Chemicals theme has 61 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Chemicals Theme or any other thematic opportunities.
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Please continue to Aerojet Rocketdyne Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Aerojet Rocketdyne information on this page should be used as a complementary analysis to other Aerojet Rocketdyne's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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Is Aerojet Rocketdyne's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aerojet Rocketdyne. If investors know Aerojet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aerojet Rocketdyne listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.51
Market Capitalization
3.3 B
Quarterly Revenue Growth YOY
0.03
Return On Assets
0.0679
Return On Equity
0.37
The market value of Aerojet Rocketdyne is measured differently than its book value, which is the value of Aerojet that is recorded on the company's balance sheet. Investors also form their own opinion of Aerojet Rocketdyne's value that differs from its market value or its book value, called intrinsic value, which is Aerojet Rocketdyne's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aerojet Rocketdyne's market value can be influenced by many factors that don't directly affect Aerojet Rocketdyne's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aerojet Rocketdyne's value and its price as these two are different measures arrived at by different means. Investors typically determine Aerojet Rocketdyne value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aerojet Rocketdyne's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.