Aerojet Rocketdyne Holdings, Inc. (AJRD)
| Market Cap | 2.95B |
| Revenue (ttm) | 2.15B |
| Net Income (ttm) | 141.10M |
| Shares Out | 80.50M |
| EPS (ttm) | 1.72 |
| PE Ratio | 21.31 |
| Forward PE | 23.75 |
| Dividend | $5.00 (13.64%) |
| Ex-Dividend Date | n/a |
| Volume | 8,398,874 |
| Open | 38.50 |
| Previous Close | 45.00 |
| Day's Range | 36.50 - 38.90 |
| 52-Week Range | 36.50 - 53.34 |
| Beta | 0.40 |
| Analysts | Hold |
| Price Target | 50.50 (+37.8%) |
| Earnings Date | Feb 16, 2022 |
About AJRD
Aerojet Rocketdyne Holdings, Inc. designs, develops, manufactures, and sells aerospace and defense products and systems in the United States. It operates in two segments, Aerospace and Defense, and Real Estate. The Aerospace and Defense segment offers aerospace and defense products and systems for the United States government, including the Department of Defense, the National Aeronautics and Space Administration, and aerospace and defense prime contractors. This segment provides liquid and solid rocket propulsion systems, air-breathing hyperson...
Financial Performance
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for AJRD stock is "Hold." The 12-month stock price forecast is 50.50, which is an increase of 37.79% from the latest price.
News
US sues to block Lockheed Martin-Aerojet deal
US authorities announced Tuesday they are suing to block Lockheed Martin's $4.4 billion takeover of Aerojet Rocketdyne, asserting the proposed deal would lead to higher costs on defense systems.
FTC sues to block Lockheed Martin's $4.4B deal to buy Aerojet Rocketdyne
The U.S. Federal Trade Commission (FTC) has filed suit to block the pending deal defense and aerospace giant Lockheed Martin has on the table to acquire Aerojet Rocketdyne. The proposed deal has a total...
Aerojet Rocketdyne Stock Plummets As FTC Sues To Block Lockheed Martin Deal
Aerojet Rocketdyne Holdings Inc (NYSE: AJRD) stock fell following the disclosure that it is highly likely that the Federal Trade Commission (FTC) will vote to sue to block the Lockheed Martin Corp (NYSE...
Why Aerojet Rocketdyne Shares Are Crashing Today
The company's pending acquisition could get blocked by regulators.
Aerojet Rocketdyne expects FTC to try to block Lockheed Martin acquisition
Aerojet Rocketdyne stock fell after announcing that it expects the Federal Trade Commission to attempt to block its acquisition by Lockheed Martin.
Lockheed Martin's Aerojet buy displeases antitrust regulator, company says
The U.S. Federal Trade Commission, which assesses mergers to ensure they comply with antitrust law, has informed Lockheed Martin that its planed purchase of Aerojet Rocketdyne will raise anti-trust conc...
Aerojet Rocketdyne Holdings, Inc. Announces Update on Proposed Merger Transaction with Lockheed Martin
EL SEGUNDO, Calif., Jan. 25, 2022 (GLOBE NEWSWIRE) -- Earlier this month, Lockheed Martin and Aerojet Rocketdyne agreed with the Federal Trade Commission (FTC) that we would not close the transaction be...
Will Aerojet Rocketdyne (AJRD) Beat Estimates Again in Its Next Earnings Report?
Aerojet Rocketdyne (AJRD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
U.S. FTC delays vote on Lockheed purchase of Aerojet for two weeks -sources
WASHINGTON (Reuters) -The U.S. Federal Trade Commission, which assesses mergers to ensure they comply with antitrust law, has put off a vote on Lockheed Martin's purchase of Aerojet Rocketdyne for as mu...
European space tech is already bringing in substantial revenue, says venture capitalist
Adam Niewinski, managing partner at OTB Ventures, discusses the outlook for Europe's space tech sector compared to the U.S. and China.
NASA's First Planetary Defense Mission Propelled by Aerojet Rocketdyne
REDMOND, Wash., Nov. 24, 2021 (GLOBE NEWSWIRE) -- NASA's first planetary defense mission—the Double Asteroid Redirection Test (DART)—launched from Vandenberg Space Force Base, California, on Nov. 23, eq...
Stock Wars: Aerojet Rocketdyne Vs. Maxar
Benzinga's weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between two companies in the ae...
Aerojet Rocketdyne Holdings (AJRD) Q3 Earnings Beat Estimates
Aerojet Rocketdyne (AJRD) delivered earnings and revenue surprises of 23.40% and -0.54%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Aerojet Rocketdyne Holdings, Inc. Reports 2021 Third Quarter Results
EL SEGUNDO, Calif., Oct. 26, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the “Company”) today reported results for the three months ended September 30, 2021.
Aerojet Rocketdyne Holdings (AJRD) to Report Q3 Results: Wall Street Expects Earnings Growth
Aerojet Rocketdyne (AJRD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Aerojet Rocketdyne Completes Successful Space Launch System Rocket Engine Test Series
STENNIS SPACE CENTER, Miss., Sept. 30, 2021 (GLOBE NEWSWIRE) -- Today's RS-25 engine test at NASA's Stennis Space Center completed the Retrofit-2 test series, which validated modernized, lower-cost comp...
Successful Test Demonstrates Aerojet Rocketdyne Arkansas Site Ready to Produce Large Solid Rocket Motors
CAMDEN, Ark., Sept. 22, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne recently conducted a solid rocket motor test firing that demonstrated the successful transition of large solid rocket motor mix, cast ...
Aerojet Rocketdyne Bags NASA Contract For Orion Spacecraft Main Engine
Aerojet Rocketdyne Holdings Inc (NYSE: AJRD) has been selected by NASA to build the Orion Main Engine (OME), the primary propulsion element for Orion spacecraft used to explore deep space. The financial...
Aerojet Rocketdyne Awarded NASA Contract for Orion Spacecraft Main Engine
LOS ANGELES, Sept. 21, 2021 (GLOBE NEWSWIRE) -- NASA has selected Aerojet Rocketdyne to build the Orion Main Engine (OME), the primary propulsion element for NASA's Orion spacecraft that will be used to...
Five Factors That Should Drive The FTC's Assessment Of A Lockheed-Aerojet Merger
Trends in the domestic rocket-motor market limit the government's options for maintaining competition.
Exclusive-Lockheed's Aerojet deal gets support from 13 members of Congress - letter
A bipartisan group of 13 members of the U.S. Congress have sent a letter to the Pentagon supporting Lockheed Martin's proposed acquisition of rocket engine maker Aerojet Rocketdyne, according to the let...
Down 12.2% in 4 Weeks, Here's Why Aerojet Rocketdyne (AJRD) Looks Ripe for a Turnaround
The heavy selling pressure might have exhausted for Aerojet Rocketdyne (AJRD) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street an...
Aerojet Rocketdyne (AJRD) Down 8.3% Since Last Earnings Report: Can It Rebound?
Aerojet Rocketdyne (AJRD) reported earnings 30 days ago. What's next for the stock?
Aerojet Rocketdyne (AJRD) Loses 7% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Aerojet Rocketdyne (AJRD) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings es...
Aerojet Rocketdyne (AJRD) Q2 Earnings Top Estimates, Rise Y/Y
Aerojet Rocketdyne's (AJRD) Q2 sales of $556.9 million improve 8.7% year over year and also exceed the Zacks Consensus Estimate by 3.9%.