Aerojet Rocketdyne Holdings, Inc. (AJRD)

NYSE: AJRD · IEX Real-Time Price · USD
36.65
-8.35 (-18.56%)
At close: Jan 25, 2022 4:00 PM
36.97
0.32 (0.87%)
After-hours:Jan 25, 2022 7:59 PM EST
Market Cap2.95B
Revenue (ttm)2.15B
Net Income (ttm)141.10M
Shares Out80.50M
EPS (ttm)1.72
PE Ratio21.31
Forward PE23.75
Dividend$5.00 (13.64%)
Ex-Dividend Daten/a
Volume8,398,874
Open38.50
Previous Close45.00
Day's Range36.50 - 38.90
52-Week Range36.50 - 53.34
Beta0.40
AnalystsHold
Price Target50.50 (+37.8%)
Earnings DateFeb 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...

IndustryAerospace & Defense
Founded1915
Employees4,969
Stock ExchangeNYSE
Ticker SymbolAJRD
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$50.50
(37.79% upside)
Analyst Consensus: Hold

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.

Other symbols:LMT
10 hours ago - TechXplore

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...

Other symbols:LMT
12 hours ago - TechCrunch

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...

Other symbols:LMT
13 hours ago - Benzinga

Why Aerojet Rocketdyne Shares Are Crashing Today

The company's pending acquisition could get blocked by regulators.

13 hours ago - The Motley Fool

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.

Other symbols:LMT
15 hours ago - CNBC

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...

Other symbols:LMT
16 hours ago - Reuters

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...

16 hours ago - GlobeNewsWire

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.

4 days ago - Zacks Investment Research

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...

Other symbols:LMT
2 weeks ago - Reuters

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.

Other symbols:ASTRIRDMMAXRSPCE
3 weeks ago - CNBC International TV

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...

2 months ago - GlobeNewsWire

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...

Other symbols:MAXR
2 months ago - Benzinga

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?

2 months ago - Zacks Investment Research

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.

2 months ago - GlobeNewsWire

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.

3 months ago - Zacks Investment Research

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...

3 months ago - GlobeNewsWire

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 ...

4 months ago - GlobeNewsWire

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...

4 months ago - Benzinga

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...

4 months ago - GlobeNewsWire

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.

Other symbols:LMT
4 months ago - Forbes

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...

Other symbols:LMT
4 months ago - Reuters

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...

4 months ago - Zacks Investment Research

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?

5 months ago - Zacks Investment Research

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...

5 months ago - Zacks Investment Research

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%.

5 months ago - Zacks Investment Research