Sturm, Ruger & Company found using ticker (RGR) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 98 and 70 with the average target price sitting at 84. Given that the stocks previous close was at 67.09 this indicates there is a potential upside of 25.2%. The 50 day moving average now sits at 66.81 and the 200 day MA is 74.55. The market cap for the company is $1,210m. Company Website: https://www.ruger.com
The potential market cap would be $1,516m 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 in 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. 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.
