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Aerojet Rocketdyne Holdings, Inc. (AJRD)

Stock Price: $51.27 USD -0.30 (-0.58%)
Updated Feb 26, 2021 4:00 PM EST - Market closed
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

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Zacks Investment Research - 4 days ago

Aerojet Rocketdyne (AJRD) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Zacks Investment Research - 5 days ago

Aerojet Rocketdyne's (AJRD) fourth-quarter adjusted earnings improve 74.1% year over year, while GAAP EPS rises 43.3% on higher revenues.

GuruFocus - 1 week ago

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...

Other stocks mentioned: LMT, RTX
GlobeNewsWire - 1 week ago

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.

The Motley Fool - 1 week ago

Lockheed rivals fear the deal will leave them at a competitive disadvantage.

Other stocks mentioned: RTX, LMT
GlobeNewsWire - 2 weeks ago

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....

Zacks Investment Research - 2 weeks ago

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.

PRNewsWire - 2 weeks ago

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...

GuruFocus - 2 weeks ago

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...

Other stocks mentioned: GATX, HRI, SNE
GlobeNewsWire - 1 month ago

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...

Seeking Alpha - 1 month ago

Lockheed Martin to buy Aerojet Rocketdyne for $56 cash consideration. 6% gross spread and annualized return of 8% if the deal closes in September.

Other stocks mentioned: LMT
CNBC - 1 month ago

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.

GlobeNewsWire - 1 month ago

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...

The Motley Fool - 1 month ago

Buying Aerojet Rocketdyne seems a gamble on the future of ULA's Space Launch System.

Other stocks mentioned: LMT
The Motley Fool - 2 months ago

The year 2020 was a difficult one for defense stocks. Here's what to look for heading into 2021.

Other stocks mentioned: BA, LMT, RTX, BAH, GD, LDOS, LHX, MANT
PRNewsWire - 2 months ago

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...

PRNewsWire - 2 months ago

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...

Business Wire - 2 months ago

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 ...

Other stocks mentioned: LMT
PRNewsWire - 2 months ago

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...

CNBC - 2 months ago

Lockheed Martin intends to buy Aerojet Rocketdyne, a deal adds assets it seeks to compete against the likes of SpaceX.

Other stocks mentioned: LMT
CNBC Television - 2 months ago

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.

Other stocks mentioned: LMT
GlobeNewsWire - 2 months ago

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...

Business Insider - 2 months ago

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...

Other stocks mentioned: LMT
The Motley Fool - 2 months ago

The aerospace company will be acquired by Lockheed Martin for a nice premium.

Other stocks mentioned: LMT
Zacks Investment Research - 2 months ago

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.

Other stocks mentioned: LMT
Forbes - 2 months ago

The proposed combination will bolster competition by giving Aerojet access to financial resources similar to that of its main rival.

Other stocks mentioned: LMT
Invezz - 2 months ago

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...

Other stocks mentioned: LMT
24/7 Wall Street - 2 months ago

In a transaction announced Sunday, Lockheed Martin Corp. (NYSE: LMT) has reached a definitive agreement to acquire Aerojet Rocketdyne Holdings Inc.

Other stocks mentioned: LMT
TechCrunch - 2 months ago

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...

Other stocks mentioned: LMT
Business Wire - 2 months ago

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...

PRNewsWire - 2 months ago

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...

GeekWire - 2 months ago

Lockheed Martin has struck a deal to acquire Aerojet Rocketdyne Holdings in an all-cash transaction valued at $4.

Other stocks mentioned: LMT
Benzinga - 2 months ago

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...

Other stocks mentioned: LMT
Fox Business - 2 months ago

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,...

Other stocks mentioned: LMT
Forbes - 2 months ago

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...

Other stocks mentioned: LMT
GlobeNewsWire - 2 months ago

Purchase Price Represents a Premium of Approximately 33%

Other stocks mentioned: LMT
Reuters - 2 months ago

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.

Other stocks mentioned: LMT
PRNewsWire - 2 months ago

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...

Other stocks mentioned: LMT
GlobeNewsWire - 2 months ago

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...

Seeking Alpha - 2 months ago

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...

GlobeNewsWire - 2 months ago

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...

GlobeNewsWire - 2 months ago

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...

GlobeNewsWire - 3 months ago

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...

Zacks Investment Research - 4 months ago

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...

GlobeNewsWire - 4 months ago

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.

GuruFocus - 4 months ago

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...

Other stocks mentioned: EEFT, IBKR
GlobeNewsWire - 4 months ago

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...

GlobeNewsWire - 4 months ago

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...

InvestorPlace - 4 months ago

Defense stocks have underperformed even as the order backlog of defense companies swells. Expect these four stocks to bounce back.

Other stocks mentioned: HEI, LMT, NOC
GlobeNewsWire - 4 months ago

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
Full Company Profile

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%.

Financial Statements

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.

Price Target
$56.00
(9.23% upside)
Analyst Consensus: Sell