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 maximum price target given was 28, which equates to a potential upside of 19.2 percent. The most pessimistic price target was 26, implying a possible loss of 10.69 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -12.5 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 3.27 percent. If we look at the last 90 days instead, we find a net average change of -16.11 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

AJRD has an estimated earnings growth rate of 202.95 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. AJRD has a PEG ratio of 0.46.

AJRD has a 52-week high of 23.94 and a 52-week low of 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 stock has a market capitalization of $1.76 billion. AJRD will post this quarters earnings in days, on 0000-00-00.