Aerojet Rocketdyne Holdings (NYSE:AJRD) Earning Somewhat Positive Media Coverage, Report Shows

News coverage about Aerojet Rocketdyne Holdings (NYSE:AJRD) has been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Aerojet Rocketdyne Holdings earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned headlines about the aerospace company an impact score of 45.441015019488 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the news headlines that may have effected Accern Sentiment’s analysis:

Aerojet Rocketdyne Holdings (AJRD) opened at 27.09 on Friday. The stock’s 50 day moving average price is $24.09 and its 200 day moving average price is $21.81. The firm has a market capitalization of $2.03 billion, a P/E ratio of 52.50 and a beta of 1.53. Aerojet Rocketdyne Holdings has a 12 month low of $16.04 and a 12 month high of $27.95.

Aerojet Rocketdyne Holdings (NYSE:AJRD) last issued its 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. The company had revenue of $459.60 million during the quarter, compared to analysts’ expectations of $433.71 million. Aerojet Rocketdyne Holdings had a net margin of 2.00% and a return on equity of 153.06%. The business’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.09 EPS. On average, analysts forecast that Aerojet Rocketdyne Holdings will post $0.90 earnings per share for the current year.

AJRD has been the subject of a number of research reports. Zacks Investment Research downgraded Aerojet Rocketdyne Holdings from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 11th. BidaskClub upgraded Aerojet Rocketdyne Holdings from a “hold” rating to a “buy” rating in a research note on Wednesday, July 19th.

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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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