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How to buy Aerojet Rocketdyne (AJRD) shares

Learn how to easily invest in Aerojet Rocketdyne shares.

Aerojet Rocketdyne is an aerospace & defense business based in the US. Aerojet Rocketdyne stocks (AJRD.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $47.66 – an increase of 0.43% over the previous week. Aerojet Rocketdyne employs 4,969 staff and has a trailing 12-month revenue of around $2.2 billion.

How to buy shares in Aerojet Rocketdyne

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – AJRD – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Aerojet Rocketdyne stock price (NYSE:AJRD)

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

Aerojet Rocketdyne shares at a glance

Information last updated 2022-01-17.
Latest market close$43.89
52-week range$39.85 - $49.84
50-day moving average $44.42
200-day moving average $45.50
Wall St. target price$51.00
PE ratio 24.9884
Dividend yield N/A (0%)
Earnings per share (TTM) $1.72

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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.

Aerojet Rocketdyne price performance over time

Historical closes compared with the close of $43.89 from 2022-01-19

1 week (2022-01-13) 0.43%
1 month (2021-12-17) -4.90%
3 months (2021-10-20) -0.45%
6 months (2021-07-20) -8.18%
1 year (2021-01-20) -16.92%
2 years (2020-01-17) -17.39%
3 years (2019-01-18) 13.47%
5 years (2017-01-20) 140.49%

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 25x. In other words, Aerojet Rocketdyne shares trade at around 25x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-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 5.3922. 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 $302 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 $2.2 billion
Operating margin TTM 11.23%
Gross profit TTM $371.4 million
Return on assets TTM 5.8%
Return on equity TTM 25.44%
Profit margin 6.55%
Book value $5.00
Market capitalisation $3.5 billion

TTM: trailing 12 months

Aerojet Rocketdyne share dividends

3%

Dividend payout ratio: 2.5% of net profits

Recently Aerojet Rocketdyne has paid out, on average, around 2.5% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Aerojet Rocketdyne shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Aerojet Rocketdyne's case, that would currently equate to about $N/A per share.

While Aerojet Rocketdyne's payout ratio might seem low, this can signify that Aerojet Rocketdyne is investing more in its future growth.

Aerojet Rocketdyne's most recent dividend payout was on 23 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 8 March 2021 (the "ex-dividend date").

Have Aerojet Rocketdyne's shares ever split?

Aerojet Rocketdyne's shares were split on a 10000:5275 basis on 3 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 $39.85 up to $49.84. 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 0.3953. 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. It operates in 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 11,394 acres of land adjacent to the United States Highway 50 between Rancho Cordova and Folsom, California east of Sacramento.

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