Aerospace stocks: Erickson Inc (NASDAQ:EAC), Gencorp Inc (NYSE:GY), Micronet Enertec Technologies Inc (NASDAQ:MICT), Northrop Grumman Corporation (NYSE:NOC), Textron Inc. (NYSE:TXT)

On 14 MAY Erickson Inc (NASDAQ:EAC) reported ($0.52) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by $0.49. The company had revenue of $74.20 million for the quarter, compared to the consensus estimate of $79.44 million. During the same quarter in the previous year, the company posted $0.01 earnings per share. The company’s revenue for the quarter was up 101.1% on a year-over-year basis. On average, analysts predict that Erickson will post $1.16 earnings per share for the current fiscal year. Erickson Inc (NASDAQ:EAC) net profit margin is 0.90% and weekly performance is -2.27%. On last trading day company shares ended up $15.90. Analysts mean target price for the company is $23.40. Erickson Inc (NASDAQ:EAC) distance from 50-day simple moving average (SMA50) is -4.62%.

On `19 MAY Gencorp Inc (NYSE:GY), and Dynetics are announcing a strategic partnership in Huntsville, Ala., to enhance collaboration in aerospace technologies and systems. Gencorp Inc (NYSE:GY) shares advanced 1.16% in last trading session and ended the day on $19.22. GY Gross Margin is 11.60% and its return on assets is 9.80%. Gencorp Inc (NYSE:GY) quarterly performance is -0.52%.

On 5 JUNE Micronet Enertec Technologies Inc (NASDAQ:MICT) announced that its subsidiary Micronet Ltd completed the previously announced acquisition of certain assets and liabilities of the MRM/FM business division of U.S. based Beijer Electronics Inc (Seller), a fully owned subsidiary of Beijer Electronics, a Swedish publicly traded corporation headquartered in Stockholm. Micronet Enertec Technologies Inc (NASDAQ:MICT) shares moved up 0.88% in last trading session and was closed at $3.80, while trading in range of $3.74 – $3.82. Micronet Enertec Technologies Inc (NASDAQ:MICT) year to date (YTD) performance is -25.43%.

On 5 JUNE Northrop Grumman Corporation (NYSE:NOC) said that it has marked another significant production milestone for the F-35 Lightning II program by delivering its 150(th) center fuselage to F-35 prime contractor Lockheed Martin (NYSE: LMT). The center fuselage is the core structure around which the aircraft is built. Northrop Grumman Corporation (NYSE:NOC) ended the last trading day at $124.00. Company weekly volatility is calculated as 1.23% and price to cash ratio as 6.83. Northrop Grumman Corporation (NYSE:NOC) showed a positive weekly performance of 2.02%.

On 27 MAY Textron Inc. (NYSE:TXT) announced it will not restart production of the Hawker aircraft models. Also, the company does not intend to use the Hawker name in any of its current or future jets, at least, in the foreseeable future. Textron Inc. (NYSE:TXT) net profit margin is 3.80% and weekly performance is 2.45%. On last trading day company shares ended up $40.18. Analysts mean target price for the company is $43.58. Textron Inc. (NYSE:TXT) distance from 50-day simple moving average (SMA50) is 2.89%.

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