Aerojet Rocketdyne (NYSE:AJRD) and Kaman (NYSE:KAMN) are both aerospace companies, but which is the better stock? We will compare the two companies based on the strength of their risk, valuation, dividends, analyst recommendations, profitability, institutional ownership and earnings.
This is a summary of recent ratings and recommmendations for Aerojet Rocketdyne and Kaman, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Insider & Institutional Ownership
93.1% of Aerojet Rocketdyne shares are owned by institutional investors. Comparatively, 92.0% of Kaman shares are owned by institutional investors. 2.2% of Aerojet Rocketdyne shares are owned by company insiders. Comparatively, 1.7% of Kaman shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Volatility and Risk
Aerojet Rocketdyne has a beta of 0.5, suggesting that its share price is 50% less volatile than the S&P 500. Comparatively, Kaman has a beta of 1.35, suggesting that its share price is 35% more volatile than the S&P 500.
Valuation & Earnings
This table compares Aerojet Rocketdyne and Kaman’s top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Aerojet Rocketdyne||$2.07 billion||1.89||$137.70 million||$1.67||29.33|
|Kaman||$784.46 million||1.94||-$69.74 million||$2.11||25.91|
Aerojet Rocketdyne has higher revenue and earnings than Kaman. Kaman is trading at a lower price-to-earnings ratio than Aerojet Rocketdyne, indicating that it is currently the more affordable of the two stocks.
This table compares Aerojet Rocketdyne and Kaman’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Aerojet Rocketdyne beats Kaman on 9 of the 14 factors compared between the two stocks.
About Aerojet Rocketdyne
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. The company was formerly known as GenCorp Inc. and changed its name to Aerojet Rocketdyne Holdings, Inc. in April 2015. Aerojet Rocketdyne Holdings, Inc. was incorporated in 1915 and is headquartered in El Segundo, California.
Kaman Corporation, together with its subsidiaries, operates in the aerospace, medical, and industrial markets. The company produces and markets aircraft bearings and components; super precision miniature ball bearings; spring energized seals, springs, and contacts; and metallic and composite aero structures for commercial, military, and general aviation fixed and rotary wing aircrafts. It also provides safe and arming solutions for missile and bomb systems for the U.S. and allied militaries; manufactures and supports K-MAX manned and unmanned medium-to-heavy lift helicopters; and restores, modifies, and supports its SH-2G Super Seasprite maritime helicopters. The company operates in North America, Europe, the Middle East, Asia, Oceania, and internationally. Kaman Corporation was incorporated in 1945 and is headquartered in Bloomfield, Connecticut.
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