Key Points
- VP Michael Wilson sold 628 RGR shares at an average price of $45.47, generating approximately $28,555 under a pre-arranged Rule 10b5-1 trading plan.
- Sturm, Ruger reported quarterly EPS of $0.52, beating estimates by $0.10, while revenue reached $158.06 million—up 19.3% year over year and well above consensus.
- Analysts maintain a consensus “Hold” rating with a $46 price target; RGR recently opened at $46.35, near that target, while institutional investors own 64% of the stock.
Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) VP Michael Wilson sold 628 shares of the firm's stock in a transaction dated Monday, October 26th. The stock was sold at an average price of $45.47, for a total value of $28,555.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Sturm, Ruger & Company, Inc. Price Performance
RGR opened at $46.35 on Thursday. The stock has a market capitalization of $740.61 million, a price-to-earnings ratio of 61.80 and a beta of 0.15. The business has a 50-day moving average of $41.52 and a two-hundred day moving average of $39.60. Sturm, Ruger & Company, Inc. has a 12 month low of $28.33 and a 12 month high of $50.84.
Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.52 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.10. The company had revenue of $158.06 million during the quarter, compared to the consensus estimate of $128.54 million. Sturm, Ruger & Company, Inc. had a net margin of 2.11% and a return on equity of 6.58%. The company's quarterly revenue was up 19.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.41 EPS. Equities research analysts anticipate that Sturm, Ruger & Company, Inc. will post 1.49 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on RGR shares. Wall Street Zen upgraded shares of Sturm, Ruger & Company, Inc. from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 1st. Weiss Ratings raised shares of Sturm, Ruger & Company, Inc. from a "sell (d+)" rating to a "hold (c)" rating in a research report on Monday, August 3rd. Finally, Zacks Research raised shares of Sturm, Ruger & Company, Inc. from a "strong sell" rating to a "hold" rating in a research note on Monday, October 5th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $46.00.
Get Our Latest Analysis on RGR
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in RGR. State of Wyoming increased its stake in Sturm, Ruger & Company, Inc. by 66.6% during the third quarter. State of Wyoming now owns 11,189 shares of the company's stock worth $475,000 after acquiring an additional 4,471 shares during the last quarter. Everett Harris & Co. CA raised its holdings in shares of Sturm, Ruger & Company, Inc. by 0.7% in the 3rd quarter. Everett Harris & Co. CA now owns 31,100 shares of the company's stock worth $1,321,000 after purchasing an additional 220 shares during the period. Fifth Third Wealth Advisors LLC acquired a new position in shares of Sturm, Ruger & Company, Inc. in the 3rd quarter valued at about $497,000. Axxcess Wealth Management LLC acquired a new position in shares of Sturm, Ruger & Company, Inc. in the 3rd quarter valued at about $260,000. Finally, Nisa Investment Advisors LLC lifted its stake in shares of Sturm, Ruger & Company, Inc. by 17.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 14,913 shares of the company's stock valued at $634,000 after purchasing an additional 2,210 shares in the last quarter. 64.00% of the stock is owned by hedge funds and other institutional investors.
Sturm, Ruger & Company, Inc. Company Profile
(
Get Free Report)
Sturm, Ruger & Company, Inc designs, manufactures, and sells firearms for the commercial sporting market. Its product portfolio includes pistols, revolvers, rifles, and related accessories marketed under the Ruger brand. The company serves customers through independent distributors, retailers, and other firearms dealers.
Founded in 1949 by William B. Ruger and Alexander M. Sturm, the company is one of the largest firearms manufacturers in the United States. Its products are manufactured in the U.S.
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