News coverage about Aerojet Rocketdyne (NYSE:AJRD) has trended somewhat positive on Sunday, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Aerojet Rocketdyne earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave news coverage about the aerospace company an impact score of 45.678364988998 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) – Hot Stock of the Day – Nasdaq Journal (nasdaqjournal.com)
- Identify Buy Sell Signals using Technical Indicators of Aerojet Rocketdyne Holdings, Inc. (AJRD) – Wall Street Morning (wallstreetmorning.com)
- Aerojet Rocketdyne Holdings, Inc. (AJRD) Given Average Rating of “Buy” by Brokerages (americanbankingnews.com)
- Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) – Eye-Catching Hot Stocks – Nasdaq Journal (nasdaqjournal.com)
A number of analysts have recently weighed in on the company. Jefferies Group cut Aerojet Rocketdyne from a “buy” rating to a “hold” rating and set a $35.00 price target on the stock. in a research report on Monday, October 23rd. Zacks Investment Research upgraded Aerojet Rocketdyne from a “hold” rating to a “strong-buy” rating and set a $37.00 price target on the stock in a research report on Wednesday, January 10th. BidaskClub cut Aerojet Rocketdyne from a “strong-buy” rating to a “buy” rating in a research report on Thursday, November 2nd. Finally, SunTrust Banks reiterated a “buy” rating and set a $40.00 price target on shares of Aerojet Rocketdyne in a research report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. Aerojet Rocketdyne currently has a consensus rating of “Hold” and a consensus target price of $37.33.
Shares of Aerojet Rocketdyne (NYSE:AJRD) traded up $1.16 during mid-day trading on Friday, reaching $25.90. The company had a trading volume of 1,115,457 shares, compared to its average volume of 888,325. Aerojet Rocketdyne has a 1-year low of $18.88 and a 1-year high of $36.25. The company has a market cap of $1,945.09, a price-to-earnings ratio of 31.59, a price-to-earnings-growth ratio of 5.08 and a beta of 1.12. The company has a debt-to-equity ratio of 3.94, a current ratio of 1.66 and a quick ratio of 1.38.
In related news, Director Martin Turchin sold 10,000 shares of the stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $30.73, for a total value of $307,300.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 2.70% of the company’s stock.
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Aerojet Rocketdyne 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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