gencorp inc (GY:New York)
gencorp inc (GY) Snapshot
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Open
$13.80
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Previous Close
$13.79
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Day High
$13.89
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Day Low
$13.68
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52 Week High
05/14/13 - $13.97
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52 Week Low
06/4/12 - $5.69
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Market Cap
838.5M
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Average Volume 10 Days
647.5K
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EPS TTM
$-0.18
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Shares Outstanding
60.5M
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EX-Date
07/19/04
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Related News
gencorp inc (GY) Related Businessweek News
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GenCorp Inc. engages in the manufacture and sale of aerospace and defense products and systems in the United States. The company operates in two segments, Aerospace and Defense, and Real Estate. The Aerospace and Defense segment offers defense system products, including liquid, solid, and air-breathing propulsion systems and components for applications in missile defense systems, maneuvering propulsion systems, precision war-fighting systems, and specialty metal products, as well as for use in strategic, tactical, and precision strike missiles. This segment also provides composite and metallic aerospace structural components, and warhead and armament systems for precision tactical and long range weapon applications. In addition, it offers liquid, solid, and electric propulsion systems and components for space systems, such as expendable and reusable launch vehicles, transatmospheric vehicles, manned and unmanned spacecraft, separation and maneuvering systems, upper stage engines, satellites, large solid boosters, and integrated propulsion subsystems. This segment serves military, civil, and commercial space customers. The Real Estate segment engages in the re-zoning, entitlement, sale, and leasing of the company’s excess real estate assets. This segment owns approximately 11,900 acres of land in the Sacramento metropolitan area. GenCorp Inc. was founded in 1915 and is headquartered in Rancho Cordova, California.
gencorp inc (GY) Top Compensated Officers
gencorp inc (GY) Key Developments
GenCorp Inc. announced that John Schumacher will join the GenCorp team as vice president for Business Relations. He will be responsible for developing aerospace and defense focused government relations and implementing business growth plans globally for the company. In this role, Schumacher will also support Aerojet-General Corporation, a GenCorp subsidiary, working closely with Aerojet President Warren Boley and Aerojet's Washington Operations. Schumacher comes to the company from EADS North America where he was responsible for providing Astrium's global space capabilities to the North American market. He led the creation of Astrium Americas.
GenCorp Inc. announced unaudited condensed consolidated earnings results for the first quarter ended February 28, 2013. For the quarter, the company's net sales were $243.7 million against $201.9 million a year ago. Operating income was $1.9 million against $10.5 million a year ago. Loss from continuing operations before income taxes was $9.2 million against income from continuing operations before income taxes of $4.7 million a year ago. Loss from continuing operations was $14.1 million against income from continuing operations of $2.4 million a year ago. Net loss was $14.0 million or $0.24 per basic and diluted per share against net income of $2.4 million or $0.04 per basic and diluted per share a year ago. Net cash provided by operating activities was $6.9 million against $18.0 million a year ago. Capital expenditures were $9.1 million against $3.6 million a year ago. Adjusted EBITDAP was $29.8 million against $26.2 million a year ago. Negative free cash flow was $2.2 million against free cash flow of $14.4 million a year ago. Net debt as of February 28, 2013 was $101.4 million against $124.3 million a year ago. The increase in Net Sales were primarily due to an increase of $32.6 million in the various Standard Missile programs primarily from increased deliveries on the Standard Missile-1 Regrain program and increased development activities for the Throttling Divert and Attitude Control System for the Standard Missile-3 Block IIA program and increased deliveries on the Terminal High Altitude Area Defense program generating $14.1 million in additional net sales.
GenCorp Inc., Annual General Meeting, Mar 27, 2013., at 09:00 US Eastern Standard Time. Location: Omni Berkshire Place. Agenda: To elect eight directors to Board of Directors to serve until the 2014 annual meeting of shareholders; to consider and approve the 2013 Employee Stock Purchase Plan; to consider and approve an advisory resolution regarding the compensation of GenCorp’s Named Executive Officers; to ratify the appointment of PricewaterhouseCoopers LLP, an independent registered public accounting firm, as independent auditors of the Company for the fiscal year ending November 30, 2013; and to consider and act on such other business as may properly be brought before the meeting or any adjournments or postponements thereof.
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Industry Analysis
GY
Industry Average
| Valuation | GY | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.8x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | 203.5x |
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| TEV/Sales | NM | Not Meaningful |
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