Sturm Ruger & Co. Reaches New 12-Month High at $60.87 (RGR)
Sturm Ruger & Co. (NYSE:RGR)’s share price reached a new 52-week high during trading hours on Monday, Analyst Ratings Network.com reports. The company traded as high as $60.87 and last traded at $57.68, with a volume of 386,873 shares traded. The stock had previously closed at $59.47.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Sturm Ruger & Co. (NYSE:RGR) from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, August 5th. They now have a $59.60 price target on the stock.
Sturm Ruger & Co. has a 52 week low of $40.00 and a 52 week high of $60.87. The stock’s 50-day moving average is $53.80 and its 200-day moving average is $51.19. The company has a market cap of $1.139 billion and a price-to-earnings ratio of 12.59.
Sturm Ruger & Co. (NYSE:RGR) last released its earnings data on Wednesday, July 31st. The company reported $1.63 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.18 by $0.45. The company had revenue of $179.53 million for the quarter, compared to the consensus estimate of $154.70 million. During the same quarter last year, the company posted $0.91 earnings per share. Sturm Ruger & Co.’s revenue was up 50.1% compared to the same quarter last year. Analysts expect that Sturm Ruger & Co. will post $5.15 EPS for the current fiscal year.
Sturm, Ruger & Company, Inc is engaged in the design, manufacture, and sale of firearms to domestic customers.
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