Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Aerojet Rocketdyne (AJRD) Stock Price

News headlines about Aerojet Rocketdyne (NYSE:AJRD) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Aerojet Rocketdyne earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news stories about the aerospace company an impact score of 45.4454142406512 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the media headlines that may have effected Accern Sentiment’s scoring:

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A number of equities research analysts have recently issued reports on the stock. ValuEngine upgraded shares of Aerojet Rocketdyne from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. Zacks Investment Research upgraded shares of Aerojet Rocketdyne from a “sell” rating to a “hold” rating in a report on Friday, March 9th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $37.33.

AJRD stock opened at $29.90 on Friday. Aerojet Rocketdyne has a 52-week low of $20.06 and a 52-week high of $36.25. The company has a current ratio of 1.71, a quick ratio of 1.48 and a debt-to-equity ratio of 5.78. The company has a market cap of $2,230.47, a PE ratio of 40.41, a PEG ratio of 5.37 and a beta of 1.03.

Aerojet Rocketdyne (NYSE:AJRD) last released its quarterly earnings results on Wednesday, February 21st. The aerospace company reported $0.16 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.28 by ($0.12). Aerojet Rocketdyne had a negative net margin of 0.49% and a positive return on equity of 47.43%. The firm had revenue of $528.20 million for the quarter, compared to analyst estimates of $540.35 million. During the same quarter in the prior year, the firm earned $0.74 EPS. The firm’s revenue was down .8% compared to the same quarter last year. equities research analysts anticipate that Aerojet Rocketdyne will post 1 EPS for the current fiscal year.

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Aerojet Rocketdyne Company Profile

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

Insider Buying and Selling by Quarter for Aerojet Rocketdyne (NYSE:AJRD)

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