Sturm, Ruger & Company, Inc. (RGR) to Release Quarterly Earnings on Tuesday
Sturm, Ruger & Company, Inc. (NYSE:RGR) is scheduled to announce its earnings results after the market closes on Tuesday, October 31st. Analysts expect the company to announce earnings of $0.98 per share for the quarter.
Sturm, Ruger & (NYSE:RGR) last posted its quarterly earnings data 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 net margin of 11.74% and a return on equity of 29.70%. The company had revenue of $131.90 million for the quarter, compared to analyst estimates of $159.60 million. During the same quarter last year, the company earned $1.22 EPS. The business’s revenue was down 21.4% compared to the same quarter last year. On average, analysts expect Sturm, Ruger & to post $3.12 EPS for the current fiscal year and $3.79 EPS for the next fiscal year.
Sturm, Ruger & Company, Inc. (RGR) opened at 51.70 on Tuesday. The firm has a market cap of $913.59 million, a P/E ratio of 13.10 and a beta of 0.05. The stock’s 50 day moving average is $50.55 and its 200 day moving average is $56.87. Sturm, Ruger & Company, Inc. has a 12-month low of $44.80 and a 12-month high of $68.80.
Several equities research analysts recently weighed in on the company. Zacks Investment Research upgraded Sturm, Ruger & from a “strong sell” rating to a “hold” rating in a research note on Thursday, October 19th. Aegis restated a “buy” rating and set a $67.00 target price on shares of Sturm, Ruger & in a research note on Friday, October 6th. TheStreet cut Sturm, Ruger & from a “b-” rating to a “c” rating in a research note on Thursday, August 24th. Finally, BidaskClub upgraded Sturm, Ruger & from a “sell” rating to a “hold” rating in a research note on Wednesday, August 23rd. Five analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $58.00.
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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