Aerojet Stock Today

AJRD
 Stock
  

USD 39.91  0.09  0.23%   

Market Performance
0 of 100
Odds Of Distress
Less than 15
Aerojet Rocketdyne is trading at 39.91 as of the 6th of July 2022, a -0.23 percent down since the beginning of the trading day. The stock's lowest day price was 39.51. Aerojet Rocketdyne has less than a 15 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Aerojet Rocketdyne Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of July 2020 and ending today, the 6th of July 2022. Click here to learn more.
CUSIP
007800105
Fiscal Year End
December
Business Domain
Capital Goods
IPO Date
2nd of February 1981
Category
Industrials
Classification
Industrials
ISIN
US0078001056
Aerojet Rocketdyne Holdings, Inc. designs, develops, manufactures, and sells aerospace and defense products and systems in the United States. Aerojet Rocketdyne Holdings, Inc. was incorporated in 1915 and is headquartered in El Segundo, California. Aerojet Rocketdyne operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. The company has 80.5 M outstanding shares of which 4.51 M shares are presently shorted by private and institutional investors with about 4.49 trading days to cover. More on Aerojet Rocketdyne Holdings

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Follow Valuation Options Odds of Bankruptcy
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Aerojet Rocketdyne Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Aerojet Rocketdyne's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Aerojet Rocketdyne or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Aerojet Rocketdyne generated a negative expected return over the last 90 days
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
Older SymbolGY
CEOEileen Drake
SEC FilingsAerojet Rocketdyne Security & Exchange Commission EDGAR Reports
Thematic Ideas
(view all).
Fama & French Classification
Average Analyst Recommendation
Analysts covering Aerojet Rocketdyne report their recommendations after researching Aerojet Rocketdyne's financial statements, talking to executives and customers, or listening in on Aerojet Rocketdyne's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Aerojet Rocketdyne. The Aerojet consensus assessment is calculated by taking the average forecast from all of the analysts covering Aerojet Rocketdyne.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Aerojet Rocketdyne based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Aerojet Rocketdyne financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares80.8 M79.2 M
Fairly Up
Increasing
Slightly volatile
Weighted Average Shares Diluted84 M81.7 M
Fairly Up
Increasing
Slightly volatile
Net Cash Flow from Operations205.4 M199.6 M
Fairly Up
Increasing
Slightly volatile
Total Assets2.5 B2.4 B
Fairly Up
Increasing
Slightly volatile
Total Liabilities2.1 B1.9 B
Moderately Up
Increasing
Slightly volatile
Current Assets1.2 B1.2 B
Sufficiently Down
Increasing
Slightly volatile
Current Liabilities854.5 M875.8 M
Fairly Down
Increasing
Slightly volatile
Total Debt603.5 M502.6 M
Fairly Up
Increasing
Slightly volatile
Return on Average Assets0.06470.06
Significantly Up
Increasing
Slightly volatile
Gross Margin0.180.177
Fairly Up
Increasing
Slightly volatile
Asset Turnover0.850.918
Significantly Down
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Aerojet Rocketdyne's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
Aerojet Rocketdyne's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Aerojet Rocketdyne's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Aerojet Rocketdyne's financial leverage. It provides some insight into what part of Aerojet Rocketdyne's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Aerojet Rocketdyne's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Aerojet Rocketdyne deploys its capital and how much of that capital is borrowed.
Liquidity
Aerojet Rocketdyne cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 516 M in liabilities with Debt to Equity (D/E) ratio of 0.97, which is about average as compared to similar companies. Aerojet Rocketdyne has a current ratio of 1.38, which is within standard range for the sector. Debt can assist Aerojet Rocketdyne until it has trouble settling it off, either with new capital or with free cash flow. So, Aerojet Rocketdyne's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Aerojet Rocketdyne sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aerojet to invest in growth at high rates of return. When we think about Aerojet Rocketdyne's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

205.44 Million
Aerojet Rocketdyne Holdings (AJRD) is traded on New York Stock Exchange in USA. It is located in 222 N. Pacific Coast Highway, Suite 500, El Segundo, CA 90245, United States and employs 5,000 people. Aerojet Rocketdyne Holdings was previously known as AEROJET ROCKETDYNE HOLDINGS and was traded on New York Stock Exchange under the symbol GY. Aerojet Rocketdyne is listed under Defense category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with current market capitalization of 3.22 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Aerojet Rocketdyne's market, we take the total number of its shares issued and multiply it by Aerojet Rocketdyne's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Aerojet Rocketdyne conducts business under Industrials sector and is part of Aerospace & Defense industry. The entity has 80.5 M outstanding shares of which 4.51 M shares are presently shorted by private and institutional investors with about 4.49 trading days to cover. Aerojet Rocketdyne Holdings currently holds about 711 M in cash with 199.6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.96.
Check Aerojet Rocketdyne Probability Of Bankruptcy
Ownership
Aerojet Rocketdyne holds a total of eighty million five hundred thousand outstanding shares. The majority of Aerojet Rocketdyne Holdings outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Aerojet Rocketdyne to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Aerojet Rocketdyne. Please pay attention to any change in the institutional holdings of Aerojet Rocketdyne Holdings as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Aerojet Ownership Details

Aerojet Stock Price Odds Analysis

What are Aerojet Rocketdyne's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Aerojet Rocketdyne jumping above the current price in 90 days from now is about 64.97%. The Aerojet Rocketdyne Holdings probability density function shows the probability of Aerojet Rocketdyne stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Aerojet Rocketdyne has a beta of 0.5782. This suggests as returns on the market go up, Aerojet Rocketdyne average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Aerojet Rocketdyne Holdings will be expected to be much smaller as well. Additionally, the company has an alpha of 0.1567, implying that it can generate a 0.16 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 39.91HorizonTargetOdds Above 39.91
34.70%90 days
 39.91 
64.97%
Based on a normal probability distribution, the odds of Aerojet Rocketdyne to move above the current price in 90 days from now is about 64.97 (This Aerojet Rocketdyne Holdings probability density function shows the probability of Aerojet Stock to fall within a particular range of prices over 90 days) .

Aerojet Rocketdyne Historical Income Statement

Aerojet Rocketdyne Holdings Income Statement is one of the three primary financial statements used for reporting Aerojet's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Aerojet Rocketdyne revenue and expense. Aerojet Rocketdyne Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Aerojet Rocketdyne Interest Expense is projected to decrease significantly based on the last few years of reporting. The past year's Interest Expense was at 20.1 Million. The current year Net Income is expected to grow to about 155 M, whereas Cost of Revenue is forecasted to decline to about 1.8 B. View More Fundamentals

Aerojet Stock Against Markets

Picking the right benchmark for Aerojet Rocketdyne stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Aerojet Rocketdyne stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Aerojet Rocketdyne is critical whether you are bullish or bearish towards Aerojet Rocketdyne Holdings at a given time.

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Our tools can tell you how much better you can do entering a position in Aerojet Rocketdyne without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Aerojet Rocketdyne Corporate Directors

Aerojet Rocketdyne corporate directors refer to members of an Aerojet Rocketdyne board of directors. The board of directors generally takes responsibility for the Aerojet Rocketdyne's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Aerojet Rocketdyne's board members must vote for the resolution. The Aerojet Rocketdyne board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
James Perry - Independent DirectorProfile
Pete Knudsen - Director, Investor RelationsProfile
Kelly Anderson - Senior Director, FP&A and Investor RelationsProfile
Merrill McPeak - Independent DirectorProfile

Investing Aerojet Rocketdyne Holdings

You need to understand the risk of investing before taking a position in Aerojet Rocketdyne. The danger of trading Aerojet Rocketdyne Holdings is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Aerojet Rocketdyne is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Aerojet Rocketdyne. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Aerojet Rocketdyne is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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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.