Sturm, Ruger & Company, Inc. (NYSE:RGR) Upgraded to Hold at Zacks Research

Key Points

• Zacks upgraded Sturm, Ruger (NYSE:RGR) from a "strong sell" to a "hold," leaving the MarketBeat consensus rating at "Hold" with an average analyst target price of $43.00.
• The company reported Q4 earnings of $0.26 per share, missing estimates of $0.32 while beating revenue expectations at $151.06 million (up 3.6% year‑over‑year); it showed a positive ROE of 6.93% but a negative net margin of 0.80%.
• Institutional activity has increased—firms like Millennium, Jane Street and Two Sigma added positions—and institutions now own about 64% of the stock; the shares trade near $41.87 with a market cap of roughly $668 million and a 12‑month range of $28.33–$48.21.

Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a note issued to investors on Monday,Zacks.com reports.

Other equities research analysts have also issued reports about the stock. Lake Street Capital boosted their price objective on shares of Sturm, Ruger & Company, Inc. from $41.00 to $43.00 and gave the stock a "buy" rating in a report on Tuesday, March 3rd. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Sturm, Ruger & Company, Inc. in a report on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $43.00.

Sturm, Ruger & Company, Inc. Trading Up 2.1%

Shares of Sturm, Ruger & Company, Inc. stock opened at $41.87 on Monday. The firm has a market capitalization of $667.84 million, a PE ratio of -149.54 and a beta of 0.21. Sturm, Ruger & Company, Inc. has a 12 month low of $28.33 and a 12 month high of $48.21. The business's 50-day moving average price is $40.27 and its 200-day moving average price is $37.47.

Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) last released its earnings results on Monday, March 2nd. The company reported $0.26 earnings per share for the quarter, missing analysts' consensus estimates of $0.32 by ($0.06). The firm had revenue of $151.06 million during the quarter, compared to the consensus estimate of $139.24 million. Sturm, Ruger & Company, Inc. had a positive return on equity of 6.93% and a negative net margin of 0.80%.The business's quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.62 EPS. As a group, analysts predict that Sturm, Ruger & Company, Inc. will post 1.98 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Sturm, Ruger & Company, Inc.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Millennium Management LLC purchased a new stake in shares of Sturm, Ruger & Company, Inc. during the fourth quarter worth about $9,486,000. Jane Street Group LLC purchased a new position in Sturm, Ruger & Company, Inc. during the 4th quarter valued at about $8,011,000. UBS Group AG raised its position in Sturm, Ruger & Company, Inc. by 31.1% during the 3rd quarter. UBS Group AG now owns 514,510 shares of the company's stock valued at $22,366,000 after purchasing an additional 122,111 shares during the last quarter. HRT Financial LP bought a new position in Sturm, Ruger & Company, Inc. during the 4th quarter valued at approximately $3,805,000. Finally, Two Sigma Investments LP lifted its holdings in Sturm, Ruger & Company, Inc. by 118.7% in the 3rd quarter. Two Sigma Investments LP now owns 198,936 shares of the company's stock worth $8,648,000 after buying an additional 107,977 shares during the period. 64.00% of the stock is owned by institutional investors.

Sturm, Ruger & Company, Inc. Company Profile

Sturm, Ruger & Company, Inc, founded in 1949 by William B. Ruger and Alexander McCormick Sturm, is a leading American designer and manufacturer of firearms. Headquartered in Newport, New Hampshire, the company has established a reputation for precision engineering and durable products. Its manufacturing footprint includes facilities in Newport and Mayodan, North Carolina, where it maintains a vertically integrated production model spanning metallurgy, machining, and assembly.

The company's product portfolio encompasses a broad range of small arms, including centerfire and rimfire rifles, shotguns, semi-automatic pistols, revolvers, and accessories.

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