Sturm, Ruger & Company with ticker code (RGR) now have 2 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 98 and 70 and has a mean target at 84. Now with the previous closing price of 65.7 this indicates there is a potential upside of 27.9%. The 50 day moving average now sits at 68.68 and the 200 moving average now moves to 74.76. The company has a market cap of $1,166m. Visit the company website at: https://www.ruger.com
The potential market cap would be $1,491m 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.
