Sturm, Ruger & Company, Inc. (NYSE:RGR) has received a consensus rating of “Hold” from the seven analysts that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $64.50.

RGR has been the subject of several recent analyst reports. Aegis reiterated a “buy” rating and issued a $67.00 target price on shares of Sturm, Ruger & in a research note on Monday, August 21st. BidaskClub upgraded shares of Sturm, Ruger & from a “sell” rating to a “hold” rating in a research note on Wednesday, August 23rd. ValuEngine lowered shares of Sturm, Ruger & from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Zacks Investment Research lowered shares of Sturm, Ruger & from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 9th. Finally, TheStreet lowered shares of Sturm, Ruger & from a “b-” rating to a “c” rating in a research note on Thursday, August 24th.

In related news, insider Mark Lang sold 20,000 shares of the business’s stock in a transaction dated Friday, June 23rd. The shares were sold at an average price of $66.90, for a total value of $1,338,000.00. Following the transaction, the insider now directly owns 3,612 shares of the company’s stock, valued at approximately $241,642.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In the last quarter, insiders bought 400 shares of company stock valued at $19,925. Company insiders own 3.90% of the company’s stock.

Several large investors have recently modified their holdings of RGR. Flinton Capital Management LLC boosted its holdings in shares of Sturm, Ruger & by 77.8% in the 2nd quarter. Flinton Capital Management LLC now owns 1,792 shares of the company’s stock worth $111,000 after buying an additional 784 shares during the last quarter. Public Employees Retirement System of Ohio boosted its holdings in shares of Sturm, Ruger & by 10.6% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 1,840 shares of the company’s stock worth $114,000 after buying an additional 177 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Sturm, Ruger & by 5.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 2,336 shares of the company’s stock worth $124,000 after buying an additional 116 shares during the last quarter. Dubuque Bank & Trust Co. purchased a new position in shares of Sturm, Ruger & in the 2nd quarter worth about $128,000. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Sturm, Ruger & by 27.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,885 shares of the company’s stock worth $155,000 after buying an additional 624 shares during the last quarter. 82.17% of the stock is currently owned by institutional investors.

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Sturm, Ruger & (NYSE:RGR) opened at 47.25 on Friday. The company has a 50 day moving average price of $49.79 and a 200 day moving average price of $56.90. Sturm, Ruger & has a 12 month low of $44.80 and a 12 month high of $68.60. The stock has a market capitalization of $834.95 million, a price-to-earnings ratio of 11.97 and a beta of 0.07.

Sturm, Ruger & (NYSE:RGR) last posted its earnings results on Wednesday, August 2nd. The company reported $0.57 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.11 by ($0.54). Sturm, Ruger & had a return on equity of 29.70% and a net margin of 11.74%. The firm had revenue of $131.90 million during the quarter, compared to the consensus estimate of $159.60 million. During the same quarter in the previous year, the company earned $1.22 EPS. The business’s revenue was down 21.4% compared to the same quarter last year. Equities research analysts predict that Sturm, Ruger & will post $3.60 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th were paid a $0.23 dividend. The ex-dividend date was Friday, August 11th. This represents a $0.92 annualized dividend and a dividend yield of 1.95%. Sturm, Ruger &’s payout ratio is 23.47%.

Sturm, Ruger & Company Profile

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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