AEROJET ROCKETDYNE HOLDINGS (AJRD) Forecast, Price Target & Analyst Ratings

NYSE:AJRD • US0078001056

57.99 USD
+0.81 (+1.42%)
At close: Jul 27, 2023
57.99 USD
0 (0%)
After Hours: 7/27/2023, 8:04:00 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for AEROJET ROCKETDYNE HOLDINGS (AJRD).

Forecast Snapshot

Consensus Price Target

Price Target
$57.12
-1.50% Downside

Next Earnings Forecast

Earnings Estimate
Release DateOct 30, 2023
PeriodQ2 / 2023
EPS Estimate$0.49
Revenue Estimate586.35M

ChartMill Buy Consensus

Rating
43.33%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$57.12
Upside
-1.50%
From current price of $57.99 to mean target of $57.12, Based on 6 analyst forecasts
Low
$54.54
Median
$57.12
High
$60.90

Price Target Revisions

1 Month
-1.75%
3 Months
-1.75%

Price Target Summary

6 analysts have analysed AJRD and the average price target is 57.12 USD. This implies a price decrease of -1.5% is expected in the next year compared to the current price of 57.99.
The average price target has been revised downward by 1.75% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

AJRD Current Analyst RatingAJRD Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0.5 1 1.5 2 2.5

Analyst Ratings History

AJRD Historical Analyst RatingsAJRD Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8

Analyst Ratings Consensus

ChartMill Buy Consensus
43.33%
AJRD was analyzed by 6 analysts. The buy percentage consensus is at 43. So analysts seem to be rather negative about AJRD.
In the last month the buy percentage fell by 6 points. So the trust of analysts is decreasing.
AJRD was analyzed by 6 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-12-20JP MorganDowngrade Overweight -> Neutral
2022-12-19JefferiesDowngrade Buy -> Hold
2022-04-07JP MorganUpgrade Neutral -> Overweight
2022-02-08JefferiesUpgrade Hold -> Buy
2021-04-27Canaccord GenuityMaintains Hold

Next Earnings Forecast Details

Next Earnings Details

Release DateOct 30, 2023
PeriodQ2 / 2023
EPS Estimate$0.49
Revenue Estimate586.35M
Revenue Q2Q10.95%
EPS Q2Q143.10%
Number of Analysts5

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
2.36%
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%

Next Earnings Summary

AJRD is expected to report earnings on 10/30/2023. The consensus EPS estimate for the next earnings is 0.49 USD and the consensus revenue estimate is 586.35M USD.
The next earnings revenue estimate has been revised upward by 2.36% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024 2025
Revenue
YoY % growth
AJRD revenue by date.AJRD revenue by date.
2.073B
4.60%
2.188B
5.56%
2.238B
2.27%
2.441B
9.09%
2.564B
5.04%
2.679B
4.49%
EBITDA
YoY % growth
AJRD ebitda by date.AJRD ebitda by date.
314M
0.32%
337.3M
7.42%
273.9M
-18.80%
307.84M
12.39%
332.21M
7.92%
347.82M
4.70%
EBIT
YoY % growth
AJRD ebit by date.AJRD ebit by date.
248.7M
4.28%
275.9M
10.94%
216.6M
-21.49%
246.84M
13.96%
262.14M
6.20%
300.08M
14.47%
Operating Margin
AJRD operating margin by date.AJRD operating margin by date.
12.00%12.61%9.68%10.11%10.22%11.20%
EPS
YoY % growth
AJRD eps by date.AJRD eps by date.
1.65
-2.94%
1.94
17.58%
1.40
-27.84%
2.03
44.74%
2.27
11.91%
2.65
16.94%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 23 Q3 / 23 Q4 / 23
EPS
Q2Q % growth
0.49
143.10%
0.51
14.09%
0.60
94.13%
Revenue
Q2Q % growth
586.35M
10.95%
611.34M
11.19%
666.01M
2.75%
EBITDA
Q2Q % growth
71.4M
9.34%
72.42M
-34.87%
81.6M
-20.93%
EBIT
Q2Q % growth
56.1M
51.21%
57.12M
-17.46%
66.3M
44.44%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

AJRD Yearly Revenue VS EstimatesAJRD Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B
AJRD Yearly EPS VS EstimatesAJRD Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5 2 2.5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
23.73%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
6.01%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
21.59%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

AEROJET ROCKETDYNE HOLDINGS / AJRD Forecast FAQ

What is the price target for AJRD stock?

6 analysts have analysed AJRD and the average price target is 57.12 USD. This implies a price decrease of -1.5% is expected in the next year compared to the current price of 57.99.


When does AEROJET ROCKETDYNE HOLDINGS (AJRD) report earnings?

AEROJET ROCKETDYNE HOLDINGS (AJRD) will report earnings on 2023-10-30, after the market close.


Can you provide the consensus estimates for AEROJET ROCKETDYNE HOLDINGS next earnings?

The consensus EPS estimate for the next earnings of AEROJET ROCKETDYNE HOLDINGS (AJRD) is 0.49 USD and the consensus revenue estimate is 586.35M USD.


Can you provide the expected long term growth rate for AEROJET ROCKETDYNE HOLDINGS stock?

The expected long term growth rate for AEROJET ROCKETDYNE HOLDINGS (AJRD) is 6.01%.