Analyst Ratings for Aerojet Rocketdyne Holdings Inc. (AJRD)

Updated: 2017-07-27

Analysts covering Aerojet Rocketdyne Holdings Inc. (NYSE:AJRD) have given it a consensus rating of Buy. AJRD had previously received a consensus rating of Buy a month ago.

3 analysts declared AJRD a buy, 0 gave an overweight rating, 1 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.

Investment analysts gave a few price targets for AJRD. The most optimistic analyst gave a price target of 28, implying potential capital gains of 19.2 percent. The minimum price target given was 26, which equates to a potential downside of 10.69 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -12.5 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 3.27 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -16.11 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

Analysts estimate earnings of AJRD to grow at a rate of 202.95 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of AJRD is 0.46.

In the trailing 52-weeks, AJRD hit 23.94 at the highest peak, while it's lowest trading point was 16.04. The current market price is above the trailing year's low by 46.45 percent, and 1.88 percent lower than its 52-week high. AJRD has a price/earnings ratio of 92.37. Investors typically compare the P/E ratio to a company's peers in the industry. The AJRD value stock report compares AJRD to some of its peers using value stock charts. The market cap of AJRD is $1.76 billion. AJRD's next earnings release will be on 0000-00-00, which is days away.