Sturm, Ruger & Company, Inc. (NYSE:RGR) Hits New 12-Month Low at $41.90

Sturm, Ruger & Company, Inc. (NYSE:RGR)’s stock price hit a new 52-week low on Monday . The company traded as low as $41.90 and last traded at $42.14, with a volume of 22805 shares trading hands. The stock had previously closed at $42.32.

Analyst Ratings Changes

Separately, Lake Street Capital raised Sturm, Ruger & Company, Inc. to a “strong-buy” rating in a report on Wednesday, May 8th.

Sturm, Ruger & Company, Inc. Stock Up 0.8 %

The company’s fifty day moving average price is $44.59 and its two-hundred day moving average price is $44.50. The company has a market cap of $741.94 million, a price-to-earnings ratio of 18.32 and a beta of 0.26.

Sturm, Ruger & Company, Inc. (NYSE:RGR) last released its quarterly earnings results on Tuesday, May 7th. The company reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.44). The business had revenue of $136.80 million for the quarter, compared to the consensus estimate of $153.40 million. Sturm, Ruger & Company, Inc. had a return on equity of 12.30% and a net margin of 7.71%. The firm’s revenue was down 8.5% on a year-over-year basis. During the same quarter last year, the company earned $0.81 earnings per share. Research analysts forecast that Sturm, Ruger & Company, Inc. will post 3.87 earnings per share for the current year.

Sturm, Ruger & Company, Inc. Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 7th. Investors of record on Monday, May 20th were issued a $0.16 dividend. The ex-dividend date of this dividend was Friday, May 17th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.50%. Sturm, Ruger & Company, Inc.’s dividend payout ratio is 27.71%.

Insider Buying and Selling

In other Sturm, Ruger & Company, Inc. news, CEO Christopher John Killoy sold 3,170 shares of the firm’s stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $47.00, for a total value of $148,990.00. Following the completion of the sale, the chief executive officer now owns 49,699 shares in the company, valued at approximately $2,335,853. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Sturm, Ruger & Company, Inc. news, CEO Christopher John Killoy sold 3,170 shares of the company’s stock in a transaction on Friday, April 5th. The stock was sold at an average price of $47.00, for a total transaction of $148,990.00. Following the transaction, the chief executive officer now owns 49,699 shares of the company’s stock, valued at approximately $2,335,853. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Amir Rosenthal sold 1,750 shares of the company’s stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $43.00, for a total value of $75,250.00. Following the transaction, the director now directly owns 17,554 shares in the company, valued at approximately $754,822. The disclosure for this sale can be found here. Insiders have sold a total of 5,474 shares of company stock worth $250,278 in the last 90 days. Corporate insiders own 3.50% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of RGR. CWM LLC lifted its holdings in Sturm, Ruger & Company, Inc. by 187.0% in the first quarter. CWM LLC now owns 1,346 shares of the company’s stock valued at $62,000 after buying an additional 877 shares during the period. PNC Financial Services Group Inc. raised its position in shares of Sturm, Ruger & Company, Inc. by 28.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,618 shares of the company’s stock valued at $74,000 after acquiring an additional 355 shares during the last quarter. Advisory Services Network LLC acquired a new position in shares of Sturm, Ruger & Company, Inc. in the 4th quarter valued at $182,000. MQS Management LLC bought a new position in shares of Sturm, Ruger & Company, Inc. in the 3rd quarter worth $220,000. Finally, EntryPoint Capital LLC bought a new position in shares of Sturm, Ruger & Company, Inc. in the 1st quarter worth $228,000. Institutional investors own 64.00% of the company’s stock.

Sturm, Ruger & Company, Inc. Company Profile

Sturm, Ruger & Company, Inc, together with its subsidiaries, designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. The company operates through two segments: Firearms and Castings. It provides single-shot, autoloading, bolt-action, and modern 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.