Aerojet Rocketdyne Holdings (AJRD) Given Daily Coverage Optimism Score of 0.22

Media stories about Aerojet Rocketdyne Holdings (NYSE:AJRD) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Aerojet Rocketdyne Holdings earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave news stories about the aerospace company an impact score of 46.2149759913132 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

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

A number of research analysts have issued reports on AJRD shares. BidaskClub raised shares of Aerojet Rocketdyne Holdings from a “sell” rating to a “hold” rating in a report on Friday, June 30th. Zacks Investment Research raised shares of Aerojet Rocketdyne Holdings from a “sell” rating to a “hold” rating and set a $31.00 price target for the company in a report on Tuesday, August 8th.

Aerojet Rocketdyne Holdings (NYSE AJRD) traded down 1.07% during mid-day trading on Friday, hitting $26.73. 281,634 shares of the stock were exchanged. The company has a 50 day moving average price of $23.91 and a 200 day moving average price of $21.75. The firm has a market cap of $2.01 billion, a price-to-earnings ratio of 51.80 and a beta of 1.53. Aerojet Rocketdyne Holdings has a 52-week low of $16.04 and a 52-week high of $27.95.

Aerojet Rocketdyne Holdings (NYSE:AJRD) last released its quarterly earnings results on Thursday, August 3rd. The aerospace company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.15 by $0.17. Aerojet Rocketdyne Holdings had a net margin of 2.00% and a return on equity of 153.06%. The firm had revenue of $459.60 million during the quarter, compared to the consensus estimate of $433.71 million. During the same quarter in the prior year, the firm earned $0.09 EPS. Aerojet Rocketdyne Holdings’s revenue for the quarter was up 12.5% on a year-over-year basis. On average, analysts anticipate that Aerojet Rocketdyne Holdings will post $0.90 EPS for the current year.

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Aerojet Rocketdyne Holdings Company Profile

GenCorp Inc, incorporated in 1915, is a manufacturer of aerospace and defense products and systems with a real estate segment that includes activities related to the re-zoning, entitlement, sale, and leasing of its excess real estate assets. The Company develops and manufactures propulsion systems for defense and space applications, and armaments for precision tactical and long range weapon systems applications.

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