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 April 24, 2024, RGR stock price declined to $46.42 with 104,407 million shares trading.

RGR has a beta of -0.64, meaning it tends to be less sensitive to market movements. RGR has a correlation of 0.11 to the broad based SPY ETF.

RGR has a market cap of $807.76 million. This is considered a Small Cap stock.

Last quarter Sturm Ruger reported $131 million in Revenue and $.58 earnings per share. This fell short of revenue expectation by $-3 million and missed earnings estimates by -$.09.

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 stock has underperformed the market in the last year with a return of -18.0%, while SPY returned +24.1%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in RGR shares. However, RGR has outperformed the market in the last 3 month and 2 week periods, returning +7.3% and -0.4%, while SPY returned +4.5% and -1.7%, respectively. This indicates RGR has been having a stronger performance recently.

RGR support price is $46.33 and resistance is $47.45 (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.