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Aerojet Rocketdyne Holdings, Inc. Stock Price

NYSE:AJRD Community·US$4.7b Market Cap
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AJRD Share Price Performance

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Snowflake Analysis

Reasonable growth potential with adequate balance sheet.

2 Risks
2 Rewards

Aerojet Rocketdyne Holdings, Inc. Key Details

US$2.3b

Revenue

US$2.0b

Cost of Revenue

US$323.9m

Gross Profit

US$250.1m

Other Expenses

US$73.8m

Earnings

Last Reported Earnings
Mar 31, 2023
Next Reporting Earnings
n/a
0.92
14.13%
3.22%
45.9%
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About AJRD

Founded
1915
Employees
5283
CEO
Eileen Drake
WebsiteView website
www.aerojetrocketdyne.com

Aerojet Rocketdyne Holdings, Inc. engages in the design, development, manufacture, and sale of 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 engines, and electric power and propulsion systems for space, defense, civil, and commercial applications; and armament systems. The Real Estate segment engages in the re-zoning, entitlement, sale, and leasing of the company’s excess real estate assets. The company was formerly known as GenCorp Inc. and changed its name to Aerojet Rocketdyne Holdings, Inc. in April 2015. Aerojet Rocketdyne Holdings, Inc. was incorporated in 1915 and is headquartered in El Segundo, California.

Recent AJRD News & Updates

Seeking Alpha Jul 31

The Aerojet Rocketdyne Lesson: Eyes On Facts And Opportunity

Summary The acquisition of Aerojet Rocketdyne by L3Harris Technologies has been finalized. Opposition to the merger by Sen. Elizabeth Warren was driven by anti-consolidation and anti-corporate sentiment, rather than fact-driven concerns about competition. Investors should consider the remaining upside of a stock set to be bought against the time remaining for the transaction to close and the opportunities offered by the market. Read the full article on Seeking Alpha

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