EVA Dimensions LLC Upgrades GenCorp to Overweight (GY)
GenCorp (NYSE:GY) was upgraded by analysts at EVA Dimensions LLC from a “sell” rating to an “overweight” rating in a research report issued to clients and investors on Tuesday, AnalystRatingsNetwork.com reports.
Shares of GenCorp (NYSE:GY) traded down 0.37% on Tuesday, hitting $18.83. The stock had a trading volume of 100,308 shares. GenCorp has a 52-week low of $11.38 and a 52-week high of $19.21. The stock has a 50-day moving average of $17.76 and a 200-day moving average of $16.92. The company has a market cap of $1.154 billion and a price-to-earnings ratio of 8.95.
GenCorp (NYSE:GY) last announced its earnings results on Friday, February 7th. The company reported ($0.06) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.09 by $0.15. The company had revenue of $485.30 million for the quarter, compared to the consensus estimate of $298.20 million. Analysts expect that GenCorp will post $0.52 EPS for the current fiscal year.
GenCorp Inc, incorporated in 1915, is a manufacturer of aerospace and defense products and systems with a real estate segment that includes activities related to the re-zoning, entitlement, sale, and leasing of its excess real estate assets.