Why Gencorp (GY) Stock Is Declining In After-Hours Trading Today

NEW YORK (TheStreet) --Shares of Gencorp Inc. (GY) are lower by-1.68% to $18.11 in after-hours trading on Wednesday following the company's 2014 second quarter earnings results which showed a net loss of $50.2 million, or -87 cents per share, compared to a net loss of $11.8 million, or -20 cents per share from the same period last year.

However, the company, which manufacturers aerospace and defense products and systems, posted an increase in net sales to $403.1 million for the most recent quarter, compared to $286.6 million from the 2013 second quarter.

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TheStreet Ratings team rates GENCORP INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:

"We rate GENCORP INC (GY) a HOLD. The primary factors that have impacted our rating are mixed ? some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its notable return on equity, robust revenue growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, weak operating cash flow and poor profit margins."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

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