AJRD stock: buy or sell?
Updated on:
August 19th, 2019
3
Aerojet Rocketdyne Holdings, Inc. designs, develops, manufactures, and sells aerospace and defense products and systems in the United States.
Should I buy AJRD stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to choose your own trading strategy that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.Currently, Aerojet Rocketdyne stock doesn't match any of these trading strategies, so our recommendation is not to buy.
| Buy setup | Elegible |
|---|---|
| New all-time high | No |
| New 52 week high | No |
| Price crossing up 200d MA | No |
| 100d MA crossing up 200d MA | No |
Is Aerojet Rocketdyne stock a buy?
Financial institutions and banks publish stock ratings everyday.
At Stocks2.com, we collected 4 ratings published for AJRD stock in the last 30 days. The general sentiment of these ratings is bullish for AJRD stock, with 4 positive ratings.| Date | Analyst / Broker | Previous rating | Current rating |
| 2019-8-1 | SunTrust Banks | n/a | Buy |
| 2019-6-28 | Canaccord Genuity | n/a | Buy |
| 2019-2-20 | SunTrust Banks | n/a | Buy |
| 2019-1-14 | Credit Suisse Group | Neutral | Outperform |
AJRD stock analysis
Daily outlook
Aerojet Rocketdyne soared 2.31% today to $50.44 after marking all time highs on Aug 9th.
Aerojet Rocketdyne soared 2.31% to $50.44 after topping to all time highs on Aug/9. Since price and SMA200d lines crossed up on May, AJRD climbed $16.58 (48.97%). Since last June when SMA50d and SMA100d crossed up, AJRD price gained $9.64 per share (23.63%). On August/9, AJRD hit a new all time high, pushing higher than on Aug/8 tops. Check different trading setups that use ATHs as triggers.
Weekly outlook
Aerojet Rocketdyne shares raised 2.31% this week, ending at $50.44. Early August AJRD climbed an amazing 6.11% in just one week.
Aerojet Rocketdyne stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last price record Aerojet Rocketdyne marked early August. Since late April when AJRD stock price broke up the SMA40w line, it gained $17.16 (51.56%). Since SMA10d and SMA20w crossed up by mid June, AJRD price climbed $10.97 per share (27.79%).
AJRD stock price history
AJRD IPO was on February 2nd, 1981 at $1.57 per share1. Since then, AJRD stock grew a 3,112.70%, with a yearly average of 81.90%. If you had invested $1,000 in AJRD stock in 1981, it would worth $31,127.00 today.
1: Adjusted price after possible price splits or reverse-splits.
AJRD stock historical price chart
AJRD stock reached all-time highs on August/9 with a price of $50.99.
AJRD stock price target is $50.00
How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we found 3 price targets for Aerojet Rocketdyne stock:| Date | Analyst / Broker | Action | Previous target | Current target | Diff |
| 2019-8-1 | SunTrust Banks | Raises Target | n/a | $55.00 | - |
| 2019-6-28 | Canaccord Genuity | Initiates | n/a | $50.00 | - |
| 2019-2-20 | SunTrust Banks | Raises Target | n/a | $45.00 | - |
| (in average) | $0.00 | $50.00 | 0.0% |
Financials and fundamental analysis
Earnings date and Earnings per Share
Aerojet Rocketdyne disappointed analysts on February when it posted an Earnings per Share (EPS) of $0.33 when the market consensus was $0.36.| Quarter | Reporting date | Estimated EPS | Actual EPS | Surprise |
|---|---|---|---|---|
| 2017-Q2 | - | n/a | n/a | n/a |
| 2017-Q3 | - | n/a | n/a | n/a |
| 2017-Q4 | 2018-02-21 | 0.25 | 0.16 | -36.0% |
| 2018-Q1 | 2018-05-01 | 0.18 | 0.18 | 0.0% |
| 2018-Q2 | 2018-07-30 | 0.26 | 0.45 | 73.1% |
| 2018-Q3 | 2018-10-30 | 0.3 | 0.42 | 40.0% |
| 2018-Q4 | 2019-02-19 | 0.36 | 0.33 | -8.3% |
| 2019-Q1 | - | n/a | n/a | n/a |
| 2019-Q2 | - | n/a | n/a | n/a |
| 2019-Q3 | - | n/a | n/a | n/a |
Annual financial results
In 2018, Aerojet Rocketdyne annual revenues remained stable a tiny 1.00% to $1,895.90 million dollars from $1,877.20 marked in 2017. When comparing 2018 vs 2017, on the other hand, profit margin (that is, the net income divided by revenues) jumped a 7.73% to 7.24%.| Year | Sales | YoY | Income/(margin) | YoY |
|---|---|---|---|---|
| 2013 | $1,380 M | - | $165 M11.9% | - |
| 2014 | $1,600 M | 15.94% | $-52.30 M-3.3% | -131.79% |
| 2015 | $96 M | -93.98% | $7.00 M7.3% | -113.38% |
| 2016 | $1,761 M | 1,728.97% | $18 M1.0% | 157.14% |
| 2017 | $1,877 M | 6.58% | $-9.20 M-0.5% | -151.11% |
| 2018 | $1,896 M | 1.00% | $137 M7.2% | -1,592.39% |
Quarterly financial results
Aerojet Rocketdyne reported $437.90 M in sales for 2018-Q4, a -12.21% less compared to previous quarter. Reported quarter earnings marked $23.50 million with a profit margin of 5.37%. Profit margin fell a -7.66% compared to previous quarter when profit margin was 13.03%. When comparing turnover to same quarter last year, Aerojet Rocketdyne sales marked a chilling drop down and plummed a -17.10%.| Quarter | Sales1 | QoQ2 | Income1/(margin) | QoQ2 |
|---|---|---|---|---|
| 2017-Q2 | $460 M | - | $24 M5.2% | - |
| 2017-Q3 | $484 M | 5.33% | $13 M2.6% | -47.06% |
| 2017-Q4 | $528 M | 9.11% | $-52 M-9.8% | -512.70% |
| 2018-Q1 | $492 M | -6.85% | $14 M2.8% | -126.92% |
| 2018-Q2 | $467 M | -5.04% | $35 M7.4% | 148.57% |
| 2018-Q3 | $499 M | 6.76% | $65 M13.0% | 86.78% |
| 2018-Q4 | $438 M | -12.21% | $24 M5.4% | -63.85% |
| 2019-Q1 | $492 M | 12.29% | $39 M7.9% | 64.68% |
Aerojet Rocketdyne ownership
When you are planning to buy shares of a company, it's worth to check its ownership structure.Aerojet Rocketdyne shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 2.86% of all shares.
Bearish positions for AJRD stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related stocks:
| AJRD | ASTC | BA | LMT | NOC | |
|---|---|---|---|---|---|
| Market cap | $4.0 B | $14.0 M | $192.5 B | $107.6 B | $62.8 B |
| Total shares | 78.7 M | 5.8 M | 582.6 M | 285.5 M | 169.8 M |
| Float shares | 71.4 M | 3.3 M | 562.0 M | 237.0 M | 156.4 M |
| - Institutional holdings (%) | 106.4% | 14.5% | 70.6% | 78.7% | 85.3% |
| - Insider holdings (%) | 2.9% | 43.8% | 0.1% | 0.1% | 0.5% |
| Shares in short selling | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
AJRD summary
| Monday, August 19th, 2019 | |
|---|---|
| Open | $49.73 |
| Close | $50.44 |
| Day range | $49.28 - $50.55 |
| Previous close | $49.30 |
| Session gain | 2.31% |
| Average true range | $1.81 |
| 50d mov avg | $45.08 |
| 100d mov avg | $40.45 |
| 200d mov avg | $38.32 |
| Daily pattern | |
| Weekly pattern | lt06a |
Aerojet Rocketdyne performance
Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Aerojet Rocketdyne, the benchmark is made against Astrotech, Boeing, Lockheed Martin and Northrop Grumman.| Stock | 3m | 6m | 12m |
|---|---|---|---|
| AJRDAerojet Rocketdyn... | 34.87% | 27.66% | 40.11% |
| ASTCAstrotech | -37.53% | -49.59% | -29.15% |
| BABoeing | -6.34% | -19.99% | -2.52% |
| LMTLockheed Martin | 12.26% | 24.39% | 19.11% |
| NOCNorthrop Grumman | 19.10% | 28.73% | 25.80% |