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How to buy Aerojet Rocketdyne stock | $42.04

Own Aerojet Rocketdyne stock in just a few minutes.

Fact checked

Aerojet Rocketdyne Holdings, Inc is an aerospace & defense business based in the US. Aerojet Rocketdyne shares (AJRD) are listed on the NYSE and all prices are listed in US Dollars. Aerojet Rocketdyne employs 4,814 staff and has a trailing 12-month revenue of around USD$2 billion.

How to buy shares in Aerojet Rocketdyne

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Aerojet Rocketdyne. Find the stock by name or ticker symbol: AJRD. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Aerojet Rocketdyne reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$42.04, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Aerojet Rocketdyne, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Aerojet Rocketdyne. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Aerojet Rocketdyne share price

Use our graph to track the performance of AJRD stocks over time.

Aerojet Rocketdyne shares at a glance

Information last updated 2020-12-27.
Latest market closeUSD$42.04
52-week rangeUSD$32.15 - USD$57.27
50-day moving average USD$40.6103
200-day moving average USD$40.0561
Wall St. target priceUSD$55.8
PE ratio 34.5199
Dividend yield N/A (0%)
Earnings per share (TTM) USD$1.531

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Aerojet Rocketdyne stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Aerojet Rocketdyne price performance over time

Historical closes compared with the close of $42.04 from 2020-12-18

1 week (2021-01-08) -20.36%
1 month (2020-12-16) -1.84%
3 months (2020-10-15) 5.58%
6 months (2020-07-15) 10.20%
1 year (2020-01-15) -20.92%
2 years (2019-01-15) 13.93%
3 years (2018-01-12) 32.16%
5 years (2016-01-15) 179.71%

Is Aerojet Rocketdyne under- or over-valued?

Valuing Aerojet Rocketdyne stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Aerojet Rocketdyne's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Aerojet Rocketdyne's P/E ratio

Aerojet Rocketdyne's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 35x. In other words, Aerojet Rocketdyne shares trade at around 35x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Aerojet Rocketdyne's PEG ratio

Aerojet Rocketdyne's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.591. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Aerojet Rocketdyne's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Aerojet Rocketdyne's EBITDA

Aerojet Rocketdyne's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$269.9 million.

The EBITDA is a measure of a Aerojet Rocketdyne's overall financial performance and is widely used to measure a its profitability.

Aerojet Rocketdyne financials

Revenue TTM USD$2 billion
Operating margin TTM 9.81%
Gross profit TTM USD$367.9 million
Return on assets TTM 4.54%
Return on equity TTM 20.01%
Profit margin 6.26%
Book value $9.159
Market capitalisation USD$4 billion

TTM: trailing 12 months

Shorting Aerojet Rocketdyne shares

There are currently 5.3 million Aerojet Rocketdyne shares held short by investors – that's known as Aerojet Rocketdyne's "short interest". This figure is 22.2% up from 4.4 million last month.

There are a few different ways that this level of interest in shorting Aerojet Rocketdyne shares can be evaluated.

Aerojet Rocketdyne's "short interest ratio" (SIR)

Aerojet Rocketdyne's "short interest ratio" (SIR) is the quantity of Aerojet Rocketdyne shares currently shorted divided by the average quantity of Aerojet Rocketdyne shares traded daily (recently around 731434.01920439). Aerojet Rocketdyne's SIR currently stands at 7.29. In other words for every 100,000 Aerojet Rocketdyne shares traded daily on the market, roughly 7290 shares are currently held short.

However Aerojet Rocketdyne's short interest can also be evaluated against the total number of Aerojet Rocketdyne shares, or, against the total number of tradable Aerojet Rocketdyne shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Aerojet Rocketdyne's short interest could be expressed as 0.07% of the outstanding shares (for every 100,000 Aerojet Rocketdyne shares in existence, roughly 70 shares are currently held short) or 0.1067% of the tradable shares (for every 100,000 tradable Aerojet Rocketdyne shares, roughly 107 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Aerojet Rocketdyne.

Find out more about how you can short Aerojet Rocketdyne stock.

Aerojet Rocketdyne share dividends

We're not expecting Aerojet Rocketdyne to pay a dividend over the next 12 months.

Have Aerojet Rocketdyne's shares ever split?

Aerojet Rocketdyne's shares were split on a 10000:5275 basis on 4 October 1999. So if you had owned 5275 shares the day before before the split, the next day you'd have owned 10000 shares. This wouldn't directly have changed the overall worth of your Aerojet Rocketdyne shares – just the quantity. However, indirectly, the new 47.3% lower share price could have impacted the market appetite for Aerojet Rocketdyne shares which in turn could have impacted Aerojet Rocketdyne's share price.

Aerojet Rocketdyne share price volatility

Over the last 12 months, Aerojet Rocketdyne's shares have ranged in value from as little as $32.15 up to $57.27. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Aerojet Rocketdyne's is 0.4283. This would suggest that Aerojet Rocketdyne's shares are less volatile than average (for this exchange).

Aerojet Rocketdyne overview

Aerojet Rocketdyne Holdings, Inc. designs, develops, manufactures, and sells aerospace and defense products and systems in the United States. The company operates through two segments, Aerospace and Defense, and Real Estate. The Aerospace and Defense segment offers aerospace and defense products and systems for the United States government, including the Department of Defense, the National Aeronautics and Space Administration, and aerospace and defense prime contractors. This segment provides liquid and solid rocket propulsion systems, air-breathing hypersonic engines, and electric power and propulsion systems for space, defense, civil, and commercial applications; and armament systems. The Real Estate segment engages in the re-zoning, entitlement, sale, and leasing of the company's excess real estate assets. It owns approximately 11,394 acres of land adjacent to the United States Highway 50 between Rancho Cordova and Folsom, California east of Sacramento. The company was formerly known as GenCorp Inc. and changed its name to Aerojet Rocketdyne Holdings, Inc. in April 2015. Aerojet Rocketdyne Holdings, Inc. was founded in 1915 and is headquartered in El Segundo, California.

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