Sturm, Ruger & Company which can be found using ticker (RGR) now have 2 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 70 and 64 and has a mean target at $67.00. Given that the stocks previous close was at $54.35 this would imply there is now a potential upside of 23.3%. The day 50 moving average is $56.12 and the 200 moving average now moves to $56.63. The company has a market capitalization of $969m. You can visit the company’s website by visiting: https://www.ruger.com
The potential market cap would be $1,195m based on the market consensus.
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.
The company has a dividend yield of 3.64% with the ex dividend date set at 9-3-2023 (DMY).
Other points of data to note are a P/E ratio of 10.95, revenue per share of 33.76 and a 13.89% return on assets.
