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AJRD

Aerojet Rocketdyne Holdings NYSE:AJRD Stock Report

Last Price

US$44.26

Market Cap

US$3.4b

7D

8.5%

1Y

5.1%

Updated

16 Aug, 2022

Data

Company Financials +
AJRD fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance2/6
Financial Health5/6
Dividends0/6

AJRD Stock Overview

Aerojet Rocketdyne Holdings, Inc. designs, develops, manufactures, and sells aerospace and defense products and systems in the United States.

Aerojet Rocketdyne Holdings, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Aerojet Rocketdyne Holdings
Historical stock prices
Current Share PriceUS$44.26
52 Week HighUS$47.35
52 Week LowUS$35.47
Beta0.44
1 Month Change10.51%
3 Month Change11.09%
1 Year Change5.11%
3 Year Change-12.69%
5 Year Change55.96%
Change since IPO261.31%

Recent News & Updates

Aug 15

Elliott Management takes new stakes in Aerojet, Pinterest, PayPal; exits Twitter

Elliott Investment Management, the hedge fund led by Paul Singer, took on new stakes in Aerojet Rocketdyne (NYSE:AJRD), Pinterest (NYSE:PINS), PayPal Holdings (NASDAQ:PYPL) and Endeavor Group Holdings (NYSE:EDR) in Q2, while disposing of its stakes in Twitter (NYSE:TWTR), Evergy (NYSE:EVRG), and APA Corp. (NASDAQ:APA) in Q2, according to its 13F filing. The company acquired 3M shares in Aerojet Rocketdyne (AJRD), 5M shares of social media app Pinterest (PINS), 1M shares of payment tech company PayPal (PYPL) and 3M shares of Endeavor Group (EDR). It increased its holdings in Valaris (NYSE:VAL) to ~1.99M shares from 1.90M and in Noble Corp. (NYSE:NE) to 2.85M shares from 2.60M. Earlier, Elliott Management took a large position in Cardinal Health (NYSE:CAH) and has nominated five directors to the drug wholesaler's board, the Wall Street Journal reported.

Aug 08

Aerojet Ordnance Tennessee wins contract for additional M67 body assemblies

Aerojet Ordnance Tennessee (AOT), Aerojet Rocketdyne's (NYSE:AJRD) specialty metal provider, has been awarded a five-year contract by Day & Zimmermann to deliver additional M67 hand grenade body assemblies for the U.S. Army. AOT has been the sole supplier of M67 hand grenade body assemblies for more than 20 years. The base year contract calls for the manufacture and delivery of more than 200,000 fragmentation hand grenade body assemblies. Last week, AJRD reported weaker-than-expected Q2 results

Shareholder Returns

AJRDUS Aerospace & DefenseUS Market
7D8.5%4.6%3.6%
1Y5.1%9.7%-9.6%

Return vs Industry: AJRD underperformed the US Aerospace & Defense industry which returned 9.7% over the past year.

Return vs Market: AJRD exceeded the US Market which returned -9.6% over the past year.

Price Volatility

Is AJRD's price volatile compared to industry and market?
AJRD volatility
AJRD Average Weekly Movement4.2%
Aerospace & Defense Industry Average Movement6.7%
Market Average Movement7.7%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: AJRD is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: AJRD's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19155,000Eileen Drakehttps://www.aerojetrocketdyne.com

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.

Aerojet Rocketdyne Holdings, Inc. Fundamentals Summary

How do Aerojet Rocketdyne Holdings's earnings and revenue compare to its market cap?
AJRD fundamental statistics
Market CapUS$3.41b
Earnings (TTM)US$124.10m
Revenue (TTM)US$2.17b

28.6x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AJRD income statement (TTM)
RevenueUS$2.17b
Cost of RevenueUS$1.83b
Gross ProfitUS$343.60m
Other ExpensesUS$219.50m
EarningsUS$124.10m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.55
Gross Margin15.80%
Net Profit Margin5.71%
Debt/Equity Ratio72.1%

How did AJRD perform over the long term?

See historical performance and comparison