Aerojet Rocketdyne Holdings Inc. (NYSE:AJRD) went down by -1.58% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Aerospace & Defense giant went up by $40.54 to trade ended Thursday trading at $41.19. This is down from the $41.19 price recorded on Wednesday’s trading session. Its performance from the start of the year has also been negative, with AJRD down by -11.21% year-to-date.
Aerojet Rocketdyne Holdings Inc. (AJRD) started the day trading at $40.51 and recorded an intraday high of $40.95. It also recorded an intraday low of $40.265 during Thursday’s trading session. Aerojet Rocketdyne Holdings Inc. is a very active stock that recorded a trading volume that is less than -60.89% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 454784, which is less than -60.89 of the total average daily trading volume of 731.72K.
Aerojet Rocketdyne Holdings Inc. (NYSE:AJRD) 2020 Performance Impressive
The increase in AJRD’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of AJRD currently stands at $57.27, which is higher than the current trading price of the stock by 29.21%. However, AJRD’s current trading price is -19.2% lower than the 52-week low price of $34.01. In terms of trading volume, Aerojet Rocketdyne Holdings Inc. currently experienced healthy participation during the last trading session. 454784 shares of Aerojet Rocketdyne Holdings Inc. were traded on the stock exchange on Thursday, which is less than -60.89% of the 731.72K average trading volume of the stock.
The performance of the stock has been positive over the past year. AJRD’s performance over the past one year has seen it plunge by -2.43%, while the stock has gone down by -10.49% in the last six months. The quarterly performance of AJRD currently stands at -0.56%, and it is up by 1.30% in the last month. The only negative figure was from the weekly performance, which currently reads -0.98%. At the time of writing AJRD’s report, the company has a total market cap of $3.19B, making it one of the largest publicly-traded companies in the world.Aerojet Rocketdyne Holdings Inc. also has over 4814 employees all over the world.
AJRD Insider Activities
The insider transactions over the past six months are up by 3.10%.For Aerojet Rocketdyne Holdings Inc. insiders bought 78,556 shares in 30 transactions. In that same period, insiders sold 220,379 of their shares in 33 transactions. After these transactions, insiders at Aerojet Rocketdyne Holdings Inc. now hold 1.87M shares, which is over 105.56% of the total company stocks. Institutional investors currently hold a large chunk of the AJRD shares, as they control 2.41% of the company’s total stock.
AJRD Fundamental Analysis
For Aerojet Rocketdyne Holdings Inc., the stock’s diluted earnings per share (EPS) stands at 1.60. In the coming year, analysts expect the EPS to be 1.98. The EPS growth will up over the next five years to 5.15% after surging by 31.10% in the previous five years. In terms of revenue, Aerojet Rocketdyne Holdings Inc.’s quarterly sales (YOY) is growing at 0.42, which is lower than the average annual revenue of 31.10% over the past half a decade.
The Return on Investment (ROI) on Aerojet Rocketdyne Holdings Inc.’s stock currently stands at 15.40%, and it has a net profit margin of 6.70%. The operating margin of the company is 11.80%, and its gross margin is 18.10%.
AJRD Analysts Prediction
The Jefferies has a Buy rating for Aerojet Rocketdyne Holdings Inc., predicting the stock price to stay between $43 and $57.
Jefferies and SunTrust also believe that Aerojet Rocketdyne Holdings Inc.’s stock is outperforming at the moment.
At the moment, Aerojet Rocketdyne Holdings Inc.’s Total Debt to Equity ratio stands at 1.03, and they have a long-term Debt to Equity ratio of 0.56.
AJRD Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of AJRD currently stands at -5.71%, while the SMA50 is -3.31%. The biggest one is the SMA200, which is currently reading -12.19% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 42.02, while its price to earnings ratio (P/E) is 25.34.