Aerojet Rocketdyne Holdings, Inc. (AJRD)
| Market Cap | 3.97B |
| Revenue (ttm) | 2.07B |
| Net Income (ttm) | 137.70M |
| Shares Out | 77.40M |
| EPS (ttm) | 1.66 |
| PE Ratio | 30.89 |
| Forward PE | 25.58 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | February 26 |
| Last Price | $51.27 |
| Previous Close | $51.57 |
| Change ($) | -0.30 |
| Change (%) | -0.58% |
| Day's Open | 51.54 |
| Day's Range | 51.27 - 52.09 |
| Day's Volume | 1,045,081 |
| 52-Week Range | 32.14 - 53.53 |
Aerojet Rocketdyne (AJRD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Aerojet Rocketdyne's (AJRD) fourth-quarter adjusted earnings improve 74.1% year over year, while GAAP EPS rises 43.3% on higher revenues.
In December, aerospace and defense giant Lockheed Martin Corp. (NYSE:LMT) announced plans to acquire rocket engine manufacturer Aerojet Rocketdyne Holdings Inc. (NYSE:AJRD) . As I discussed at...
EL SEGUNDO, Calif., Feb. 18, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the “Company”) today reported results for the fourth quarter and year ended December 31, 2020.
Lockheed rivals fear the deal will leave them at a competitive disadvantage.
LOS ANGELES, Feb. 12, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne recently received a contract award to deliver up to two Multi-Mission Radioisotope Thermoelectric Generators (MMRTG) to the U....
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.
NEW YORK, Feb. 9, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Aerojet Rocketdyne Holdings, I...
Mario Gabelli (Trades, Portfolio), founder of GAMCO Investors, has revealed his portfolio for the fourth quarter. Major trades include reductions in his Rollins Inc. (NYSE:ROL), Navistar Inter...
STENNIS SPACE CENTER, Miss., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne and NASA are gearing up for a new phase of RS-25 hot-fire testing that will validate new components for the en...
Lockheed Martin to buy Aerojet Rocketdyne for $56 cash consideration. 6% gross spread and annualized return of 8% if the deal closes in September.
Aerojet Rocketdyne completes first AR1 rocket engine, but won't test fire until at least 'late 2022'
Aerojet Rocketdyne finished building the first of its AR1 engine series, but lacks both a customer and plans to test fire until at least late 2022.
STENNIS SPACE CENTER, Miss., Jan. 05, 2021 (GLOBE NEWSWIRE) -- Four Aerojet Rocketdyne RS-25 engines are being targeted to hot fire in unison for the first time on Jan. 17 as part of NASA's Sp...
Buying Aerojet Rocketdyne seems a gamble on the future of ULA's Space Launch System.
The year 2020 was a difficult one for defense stocks. Here's what to look for heading into 2021.
NEW YORK, Dec. 24, 2020 /PRNewswire/ -- Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection wi...
NEW YORK, Dec. 23, 2020 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in Ne...
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Aerojet ...
SHAREHOLDER ALERT: Halper Sadeh LLP Investigates the Following Companies - AJRD, RP, RNET, QEP, HMSY
NEW YORK, Dec. 22, 2020 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Aerojet Rocketdyne Holdings, Inc. (NYSE: AJR...
Lockheed Martin intends to buy Aerojet Rocketdyne, a deal adds assets it seeks to compete against the likes of SpaceX.
Billionaire investor Mario Gabelli on Lockheed Martin's Aerojet acquisition
CNBC's "Closing Bell" is joined by Mario Gabelli of Gamco Investors to discuss markets and Lockheed Martin's acquisition of Aerojet.
WILMINGTON, Del., Dec. 21, 2020 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A. announces that it is investigating Aerojet Rocketdyne Holdings, Inc. (“Aerojet”) (NYSE: AJRD) regarding possible brea...
Shares of Aerojet Rocketdyne Holdings gained as much as 26% on Monday after defense giant Lockheed Martin announced it's acquiring the company in a $4.4 billion deal. Lockheed will purchase Ae...
The aerospace company will be acquired by Lockheed Martin for a nice premium.
Lockheed Martin (LMT) plans on extending its footprint in the rocket engine market by acquiring Aerojet Rocketdyne, a leading rocket engine manufacturer in the United States.
The proposed combination will bolster competition by giving Aerojet access to financial resources similar to that of its main rival.
In an announcement on Sunday, Lockheed Martin Corp (NYSE: LMT) said it will buy Aerojet Rocketdyne Holdings Inc. (NYSE: AJRD) in a deal valued at £3.30 billion. At £267 per share, Lockheed Mar...
In a transaction announced Sunday, Lockheed Martin Corp. (NYSE: LMT) has reached a definitive agreement to acquire Aerojet Rocketdyne Holdings Inc.
Lockheed Martin (LM), the US's largest defence contractor will acquire Aerojet Rocketdyne (AR), a rocket engine and missile manufacturer, for $4.4 billion including debt and net cash, giving t...
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) to Lockheed Martin Corporati...
MILWAUKEE, Wis., Dec. 21, 2020 /PRNewswire/ -- Ademi LLP is investigating Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) for possible breaches of fiduciary duty and other violations of the law...
Lockheed Martin has struck a deal to acquire Aerojet Rocketdyne Holdings in an all-cash transaction valued at $4.
Defense and aerospace company Lockheed Martin Corporation (NYSE: LMT) is set to acquire propulsion systems manufacturer Aerojet Rocketdyne Holdings Inc (NYSE: AJRD) in a $5 billion deal, the t...
As part of the transaction's approval, Aerojet Rocketdyne's shareholders will receive a special pre-closing dividend of $5 per share in common stock and convertible senior notes in March 2021,...
Lockheed, the biggest defense contractor, is acquiring Aerojet, cutting that firm off from teaming up for competition. Lockheed is paying a 21% premium, a billion dollars, presumably with prof...
Lockheed Martin Corp said on Sunday that it has agreed acquire U.S. rocket engine manufacturer Aerojet Rocketdyne Holdings Inc for $4.4 billion, including debt and net cash.
BETHESDA, Md., Dec. 20, 2020 /PRNewswire/ -- Lockheed Martin Corporation (NYSE: LMT) today announced it has entered into a definitive agreement to acquire Aerojet Rocketdyne Holdings, Inc. (NY...
EL SEGUNDO, Calif., Dec. 16, 2020 (GLOBE NEWSWIRE) -- Major contract awards to support the nation's heavy-lift exploration rocket and next-generation strategic deterrent programs were among th...
Aerojet Rocketdyne had been trending lower since February, but a rally that started at the beginning of November appears to have broken the downward trend. Solid earnings and revenue growth sh...
HUNTSVILLE, Ala., Dec. 15, 2020 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne and the Air Force Research Laboratory (AFRL) have achieved record levels of thrust by a scramjet engine 10 years after ma...
CAPE CANAVERAL, Fla., Dec. 11, 2020 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne powered the recent successful launch of a United Launch Alliance (ULA) Delta IV Heavy rocket yesterday from Cape Cana...
CAPE CANAVERAL, Fla., Nov. 13, 2020 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne propulsion hardware played a key role in the successful launch of a classified U.S. National Reconnaissance Office (N...
Aerojet Rocketdyne (AJRD) delivered earnings and revenue surprises of -17.39% and 0.70%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for th...
EL SEGUNDO, Calif., Oct. 26, 2020 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) today reported results for the three months ended September 30, 2020.
When screening the market in search of opportunities, one method is to look for stocks whose trailing 12-month price-to-free-cash-flow ratios are low compared to that of the S&P 500 index, whi...
CAMDEN, Ark., Oct. 15, 2020 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne has delivered the 5,000th solid rocket flight motor for the Stinger missile system from its Solid Rocket Motor Center of Exce...
JONESBOROUGH, Tenn., Oct. 14, 2020 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne’s specialty metal provider Aerojet Ordnance Tennessee (AOT) announced today that it reached a major production milesto...
Defense stocks have underperformed even as the order backlog of defense companies swells. Expect these four stocks to bounce back.
EL SEGUNDO, Calif., Oct. 13, 2020 (GLOBE NEWSWIRE) -- Aerojet Rocketdyne, a leading provider of defense and space propulsion, announced today that Chief Executive Officer and President Eileen ...
About AJRD
Aerojet Rocketdyne Holdings 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 hypersonic eng... [Read more...]
| Industry Aerospace & Defense | Founded 1915 |
| CEO Eileen Drake | Employees 4,969 |
| Stock Exchange NYSE | Ticker Symbol AJRD |
Financial Performance
In 2020, AJRD's revenue was $2.07 billion, an increase of 4.60% compared to the previous year's $1.98 billion. Earnings were $137.70 million, a decrease of -2.34%.
Analyst Forecasts
According to 5 analysts, the average rating for AJRD stock is "Sell." The 12-month stock price forecast is 56.00, which is an increase of 9.23% from the latest price.