News stories about Sturm, Ruger & (NYSE:RGR) have been trending somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sturm, Ruger & earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.0186327654891 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- Ruger Continues to Grow the Mark IV Line (ammoland.com)
- Ruger Adds Mark IV Tactical And Two Mark IV Standard Models To Their Line (downrange.tv)
- Active Runners in Focus: Sturm Ruger & Company Inc (RGR) and Crane Co (CR) – Evergreen Caller (evergreencaller.com)
- Goldcorp Inc. (GG) noted a price change of 2.33% and Sturm, Ruger & Company, Inc. (RGR) closes with a move of … – Stocks Gallery (stocksgallery.com)
- Taking a Deeper Look into the Numbers For Sturm Ruger & Company Inc (RGR) – Financial News Review (finnewsreview.com)
A number of research analysts recently issued reports on RGR shares. Zacks Investment Research upgraded shares of Sturm, Ruger & from a “hold” rating to a “strong-buy” rating and set a $73.00 price objective for the company in a report on Wednesday, May 17th. ValuEngine lowered shares of Sturm, Ruger & from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. BidaskClub lowered shares of Sturm, Ruger & from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. Aegis reiterated a “buy” rating and issued a $67.00 price objective on shares of Sturm, Ruger & in a report on Monday, August 21st. Finally, TheStreet lowered shares of Sturm, Ruger & from a “b-” rating to a “c” rating in a report on Thursday, August 24th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $61.75.
Sturm, Ruger & (NYSE:RGR) opened at 46.20 on Tuesday. The company has a 50-day moving average of $50.76 and a 200-day moving average of $57.14. The company has a market cap of $816.40 million, a price-to-earnings ratio of 11.71 and a beta of 0.07. Sturm, Ruger & has a one year low of $44.80 and a one year high of $68.80.
Sturm, Ruger & (NYSE:RGR) last released its earnings results on Wednesday, August 2nd. The company reported $0.57 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.11 by $0.54. The firm had revenue of $131.90 million during the quarter, compared to the consensus estimate of $159.60 million. Sturm, Ruger & had a return on equity of 29.70% and a net margin of 11.74%. The business’s quarterly revenue was down 21.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.22 EPS. Equities research analysts expect that Sturm, Ruger & will post $3.60 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Thursday, August 31st. Investors of record on Tuesday, August 15th were given a $0.23 dividend. The ex-dividend date of this dividend was Friday, August 11th. This represents a $0.92 dividend on an annualized basis and a yield of 1.99%. Sturm, Ruger &’s payout ratio is 23.47%.
In related news, insider Mark Lang sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, June 23rd. The stock was sold at an average price of $66.90, for a total value of $1,338,000.00. Following the completion of the sale, the insider now owns 3,612 shares in the company, valued at approximately $241,642.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders purchased a total of 400 shares of company stock valued at $19,925 in the last 90 days. 3.90% of the stock is currently owned by corporate insiders.
About Sturm, Ruger &
Sturm, Ruger & Company, Inc is engaged in the design, manufacture, and sale of firearms to domestic customers. The Company operates through two segments: firearms and castings. The firearms segment manufactures and sells rifles, pistols, and revolvers principally to a range of federally licensed, independent wholesale distributors primarily located in the United States.
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