After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Aerojet Rocketdyne Holdings Inc. (AJRD) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.35, or 0.62%, to $56.58. The Aerojet Rocketdyne Holdings Inc. has recorded 70,874 volume in the after hours trading session.
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AJRD belongs to the Industrials sector of the NYSE while operating in the Aerospace & Defense industry. At the end of the last regular session, the stock closed at $56.23 and fluctuated between $56.33 as its day high and $56.07 as its day low. The current market capitalization of Aerojet Rocketdyne Holdings Inc. is $4.53B. A total of 1.22 million shares were traded on the day, compared to an average of 1.38M shares.
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, AJRD has seen 18 BUY and 7 SELL insider trades, representing the acquisition of 274,898 and the disposition of 181,765 shares. Over the last 12 months, there were 53 BUYs and 15 SELLs from insiders. Insiders purchased 334,102 shares during that period but sold 285,255.
In the most recent transaction, Drake Eileen P. sold 39,711 shares of AJRD for 41.60 per share on Aug 11. After the transaction, the CEO and President now owns 214,000 company shares. In a previous transaction on May 06, BOEHLE DANIEL L. sold 12,510 shares at 40.52 per share. AJRD shares that CFO and VP owns now total 57,148.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for AJRD in the last 3 months, the mean price target is $58.00 with high estimates of $58.00 and low estimates of $58.00. In terms of 52-week highs and lows, AJRD has a high of $56.59 and a low of $36.44.
As of this writing, AJRD has an earnings estimate of $0.59 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.64 per share and a lower estimate of $0.49. The company reported an EPS of $0.2 in the last quarter, which was -58.30% lower than expectations of $0.48.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 4 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AJRD is Buy with a score of 3.00. A total of 0 analysts rated the stock as Buy while 0 rated it as Overweight while 4 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.