Applied Aerospace & Defense (NYSE:AADX) Hits New 52-Week Low Following Analyst Downgrade

Applied Aerospace & Defense, Inc. (NYSE:AADX) shares hit a new 52-week low during trading on Friday after Guggenheim lowered their price target on the stock from $30.00 to $15.00. Guggenheim currently has a buy rating on the stock. Applied Aerospace & Defense traded as low as $8.27 and last traded at $8.41, with a volume of 499,633 shares traded. The stock had previously closed at $8.67.

A number of other research firms have also recently weighed in on AADX. Morgan Stanley lifted their price objective on Applied Aerospace & Defense from $16.00 to $17.00 and gave the company an “equal weight” rating in a research report on Thursday. Weiss Ratings started coverage on Applied Aerospace & Defense in a research note on Friday, August 28th. They set a “sell (d)” rating for the company. Stifel Nicolaus reduced their target price on shares of Applied Aerospace & Defense from $24.00 to $18.00 and set a “buy” rating for the company in a report on Thursday. Jefferies Financial Group set a $20.00 target price on shares of Applied Aerospace & Defense in a research note on Monday, October 5th. Finally, Bank of America decreased their target price on shares of Applied Aerospace & Defense from $24.00 to $23.00 and set a “buy” rating on the stock in a research note on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $20.56.

Applied Aerospace & Defense News Summary

Here’s some of the latest news about AADX:

• Positive Sentiment: Third-quarter revenue rose 48.6% to $182.1 million, and adjusted earnings of $0.18 per share topped the $0.09 consensus estimate. The company also reported a record backlog of nearly $1.3 billion. Third-quarter earnings results
• Neutral Sentiment: Analyst views remain broadly positive but targets have been revised unevenly: Guggenheim cut its target to $15 while retaining Buy, Stifel lowered its target to $18 and kept Buy, and RBC lowered its target to $15 with an Outperform rating. Morgan Stanley raised its target to $17 but maintained Equal Weight. Guggenheim rating update
• Negative Sentiment: Shares are under pressure after the company’s 2026 outlook disappointed investors. Supplier constraints are expected to push as much as $20 million of revenue into 2027, tempering the strong quarterly growth and backlog news. Q3 growth and 2026 guidance

Institutional Investors Weigh In On Applied Aerospace & Defense

A number of institutional investors and hedge funds have recently bought and sold shares of AADX. Wellington Management Group LLP bought a new position in shares of Applied Aerospace & Defense in the second quarter worth about $8,373,000. B. Metzler seel. Sohn & Co. AG purchased a new stake in shares of Applied Aerospace & Defense during the second quarter worth about $3,044,000. Bfsg LLC purchased a new stake in shares of Applied Aerospace & Defense during the third quarter worth about $1,882,000. Squarepoint Ops LLC bought a new stake in Applied Aerospace & Defense during the 2nd quarter valued at approximately $1,232,000. Finally, State Street Corp bought a new stake in Applied Aerospace & Defense during the 3rd quarter valued at approximately $7,172,000.

Applied Aerospace & Defense Trading Down 3.7%

The business’s 50 day moving average is $11.37. The firm has a market capitalization of $1.44 billion and a P/E ratio of -33.40. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.08 and a current ratio of 2.51.

Applied Aerospace & Defense (NYSE:AADX) last posted its quarterly earnings results on Thursday, November 12th. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.09. The business had revenue of $182.06 million during the quarter. Equities analysts predict that Applied Aerospace & Defense, Inc. will post -0.61 EPS for the current fiscal year.

Applied Aerospace & Defense Company Profile

Applied Aerospace and Defense Inc. specializes in providing advanced design, engineering and vertically integrated manufacturing solutions for next-generation space and defense technology companies. Its core service offerings include design and analysis, fabrication and assembly and inspection, qualification and testing. Applied Aerospace and Defense Inc. is based in HUNTSVILLE, United States.