Aerojet Rocketdyne Holdings Inc Shares Approach 52-Week High - Market Mover
The shares closed 1.7% below its 52-week high of $56.59, with trading volume higher than its 30 day average
Mar 17, 2023 by Kwhen Finance Editors
Aerojet Rocketdyne Holdings Inc (AJRD) shares closed today at 1.7% below its 52 week high of $56.59, giving the company a market cap of $4B. The stock is currently up 0.2% year-to-date, up 42.8% over the past 12 months, and up 126.2% over the past five years. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.0%.
Trading Activity
- Trading volume this week was 206.9% higher than the 20-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was between 30 and 70.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
Fundamentals & Catalysts
- Over the past 12 months the company generated $296 million in earnings before interest and taxes from $2 billion in revenue. It currently holds $512 million in cash and $903 million in debt.
- Its forward price-to-earnings (P/E) ratio of 0 is lower than its current P/E ratio of 61.26, implying that analysts are expecting an increase in earnings.
- The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at -6.23. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
- The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 8.53 which means it currently has $8.53 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
- The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 14.01. This means that the stock is trading at a premium of 14 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
- The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 1.85.
- The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 1.85.
P/E
61.26
EBITDA
$296M
P/Book
14.01
Mkt Cap
$4B
P/Sales
1.85
Revenue
$2B
EPS (TTM)
0.89
PEG Ratio
-6.23
EV/Revenue
1.85
Total Cash
$512M
Debt/Equity
8.53
Forward P/E
0.00
Current Debt
$903M
Gross Profit
$368M
Dividend Date
-
Earnings Date
2023-05-03
Profit Margin
0.06
Revenue/Share
26.13
Total Revenue
$2B
Enterprise Val
$3B
Put/Call Ratio
1.05
Revenue/Employee
421490.43
Market Comparative Performance
- The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis
- The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis
- The company share price is the same as the performance of its peers in the Information Technology industry sector , beats it on a 1-year basis, and beats it on a 5 year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Aerojet Rocketdyne Holdings Inc | -0.3 | 0.2 | 42.8 | -1.5 | 53.0 |
| Dow Jones Industrial Average | -1.5 | 1.1 | 1.3 | -8.1 | 12.7 |
| S&P 500 Index | -1.5 | 5.7 | -5.7 | -13.8 | 13.4 |
| Information Technology | -0.2 | 15.1 | -11.1 | -16.2 | 28.2 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date lags the peer average by -98.7%
- The company's stock price performance over the past 12 months beats the peer average by 5143.5%
- The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 135.1% higher than the average peer.
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Aerojet Rocketdyne Holdings Inc | AJRD | 61.3 | 0.2 | 42.8 | -1.5 | 53.0 |
| Peer Avg | N/A | 26.1 | 14.9 | 0.8 | -21.8 | 38.8 |
| Transdigm Group Incorporated | TDG | 49.1 | 21.8 | 24.6 | -8.2 | 45.1 |
| Curtiss-Wright Corp. | CW | 23.1 | 6.4 | 14.6 | -7.4 | 36.3 |
| Triumph Group Inc. | TGI | 8.5 | 19.5 | -47.1 | -60.4 | 40.7 |
| Ducommun Inc. | DCO | 23.6 | 11.7 | 11.2 | -11.1 | 33.3 |
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