Sturm, Ruger & Company with ticker code (RGR) now have 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 90 and 70 calculating the mean target price we have 80. Given that the stocks previous close was at 64.98 this now indicates there is a potential upside of 23.1%. There is a 50 day moving average of 70.13 while the 200 day moving average is 71.97. The market capitalisation for the company is $1,156m. Visit the company website at: https://www.ruger.com
The potential market cap would be $1,423m based on the market concensus.
Sturm, Ruger & Company, together with its subsidiaries, designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. It operates through two segments, Firearms and Castings. The company provides single-shot, autoloading, bolt-action, and sporting rifles; rimfire and centerfire autoloading pistols; single-action and double-action revolvers; and firearms accessories and replacement parts, as well as manufactures lever-action rifles under the Marlin name and trademark. The company also manufactures and sells steel investment castings and metal injection molding (MIM) parts. It sells its firearm products through independent wholesale distributors principally to the commercial sporting market; and castings and MIM parts directly or through manufacturers’ representatives. The company also exports its firearm products through a network of commercial distributors and directly to foreign customers comprising primarily of law enforcement agencies and foreign governments. Sturm, Ruger & Company was founded in 1949 and is based in Southport, Connecticut.
