RGR Stock Summary and Trading Ideas (Sturm Ruger | NYSE:RGR)

Sturm Ruger & Co Inc and its subsidiary are principally engaged in the design, manufacture, and sale of firearms to domestic customers. The company's design and manufacturing operations are in the United States and almost all product content is domestic. The Company has two reportable operating segments: firearms and castings. The firearms segment manufactures and sells rifles, pistols, and revolvers principally to a number of federally-licensed, independent wholesale distributors located in the United States. The castings segment manufactures and sells steel investment castings and metal injection molding parts. It generates maximum income from the sale of Firearms.

Sturm Ruger trades on the NYSE stock market under the symbol RGR.

As of May 10, 2024, RGR stock price climbed to $43.58 with 219,334 million shares trading.

RGR has a beta of -0.69, meaning it tends to be less sensitive to market movements. RGR has a correlation of 0.12 to the broad based SPY ETF.

RGR has a market cap of $758.34 million. This is considered a Small Cap stock.

Last quarter Sturm Ruger reported $137 million in Revenue and $.40 earnings per share. This fell short of revenue expectation by $-17 million and missed earnings estimates by -$.44.

In the last 3 years, RGR stock traded as high as $92.49 and as low as $42.00.

The top ETF exchange traded funds that RGR belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.

RGR has underperformed the market in the last year with a price return of -16.7% while the SPY ETF gained +27.8%. RGR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -1.6% and -6.2%, respectively, while the SPY returned +4.2% and +2.5%, respectively.

RGR support price is $42.45 and resistance is $43.67 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RGR stock will trade within this expected range on the day.