Aerojet Rocketdyne Makes Like A Regular Public Company And Announces A Buyback Program [Seeking Alpha]
Aerojet Rocketdyne Holdings, Inc. (AJRD)
Last aerojet rocketdyne holdings, inc. earnings: 2/19 04:11 pm
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US:NYSE Investor Relations:
ir.aerojetrocketdyne.com/investor-relations
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Source: Seeking Alpha
Summary As you will know if you read our work, Aerojet Rocketdyne has been a favorite stock of ours for sometime. Its market-beating stock price performance, solid backlog growth, rapid deleverage and rate of turning profits into cashflow continue to make us feel good about the company. As further evidence of its journey from turnaround candidate to a business school case study (for all the right reasons), the company just announced a buyback program. We're at Neutral on the stock right now, solely due to the volatile market environment. We're looking for reasons to go back to Buy. DISCLAIMER: This article is not directed at, nor intended to be relied upon by any UK recipients. Any information or analysis in this article is not an offer to sell or buy any securities. Nothing in it is intended to be investment advice and it should not be relied upon to make investment decisions. Cestrian Capital Research Inc or its employees or the author of this article or related persons may have a
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