Aerojet Rocketdyne Holdings (AJRD) Receives Daily Media Sentiment Rating of 0.10
News headlines about Aerojet Rocketdyne Holdings (NYSE:AJRD) have been trending somewhat positive recently, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Aerojet Rocketdyne Holdings earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave news stories about the aerospace company an impact score of 45.8957983712603 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Accern’s rankings:
- Aerojet Rocketdyne Propulsion Guides Cassini on its Grand Finale at Saturn – Space Ref (press release) (spaceref.com)
- Aerojet Rocketdyne Propulsion Guides Cassini on its Grand Finale at Saturn – Markets Insider (markets.businessinsider.com)
- Rocket Motors May Provide An Early Test Of Trump Industrial Policy — And Air Force Space Plans (finance.yahoo.com)
- Invest in These 3 Defense Stocks to Boost Your Portfolio – Nasdaq (nasdaq.com)
Several analysts have commented on the stock. BidaskClub downgraded shares of Aerojet Rocketdyne Holdings from a “strong-buy” rating to a “buy” rating in a report on Wednesday. Zacks Investment Research upgraded shares of Aerojet Rocketdyne Holdings from a “sell” rating to a “hold” rating and set a $31.00 target price on the stock in a report on Tuesday, August 8th.
Shares of Aerojet Rocketdyne Holdings (NYSE:AJRD) opened at 28.33 on Friday. The firm has a market capitalization of $2.13 billion, a P/E ratio of 54.90 and a beta of 1.47. The firm’s 50-day moving average is $27.36 and its 200 day moving average is $23.11. Aerojet Rocketdyne Holdings has a one year low of $16.04 and a one year high of $30.06.
Aerojet Rocketdyne Holdings (NYSE:AJRD) last posted its quarterly earnings results on Thursday, August 3rd. The aerospace company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.17. The firm had revenue of $459.60 million for the quarter, compared to analysts’ expectations of $433.71 million. Aerojet Rocketdyne Holdings had a return on equity of 153.06% and a net margin of 2.00%. The company’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.09 EPS. Equities research analysts predict that Aerojet Rocketdyne Holdings will post $0.90 earnings per share for the current year.
Aerojet Rocketdyne Holdings Company Profile
GenCorp Inc, incorporated in 1915, is a manufacturer of aerospace and defense products and systems with a real estate segment that includes activities related to the re-zoning, entitlement, sale, and leasing of its excess real estate assets. The Company develops and manufactures propulsion systems for defense and space applications, and armaments for precision tactical and long range weapon systems applications.
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