8:19 PM Shares of Sturm Ruger (RGR): Move up in the post session after posting a solid Q1 earnings beat. Net earnings grew 53% Y/Y, driven by a 39% jump in sales, which in turn were driven by by the introduction of the new LC380 and SR45 pistols. Shares +2% AH. Read comments
5:15 PM Sturm Ruger (RGR): Q1 EPS of $1.20 beats by $0.19. Revenue of $155.9M beats by $24.25M. (PR) Read comments
RGR price at time of publication: $50.99. Check RGR price now »
Well since I couldn’t be there….
From American Rifleman….
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News from SHOT Show |
• Kimber Micro .380 ACP Pistol
• Kimber Rimfire Compact Conversion
• Bushnell Introduces AR Optics Line
• Barnes Bullets Tac-XPD Personal Defense Ammo
• Ruger Guide Gun and Muzzlebrake System
• SIG Enters The Suppressor Market
• NAA Sidewinder .22 Mag. Mini Revolver
• Benelli Releases Compact Versions of M2 Field
• Chiappa Triple Threat Shotgun
• Smith & Wesson Reintroduces Model 41
• Gamo Releases New
Noise Dampening Technology
• Build Your Own Gun: Bergara Custom Rifles
• Champion Target Duraseal Targets
• EAA’s Polymer Single-Stack 1911 By Tanfoglio
• Arsenal Firearms Innovative Strike One Pistol
• Hornady Critical Duty and Critical Defense Ammo
• Fort Knox Safes Introduces Eco-Dome
• Latest Gear and Technology From Uncle Mike’s
|
• Nosler’s New Accubond Long Range Bullets
• Century International Arms
Catamount Fury Shotguns
• Smith & Wesson Performance Center 1911s
• Browning Citori Satin Hunter Micro Midas
• Primos Shooting Sticks and Accessories
• Browning X-Bolt Micro Midas:
A Good Gun For Women
• Bushnell Trophy Cam HD Trail Cams
• SCCY Industries CPX-2 9mm Pistol
• Crimson Trace Laser’s Edge Training DVD
• Mossberg Recoil Reduction Shotguns
• Happy Trails Foundation Annual Raffle
• Uberti Single Action Army Revolvers
• Nikon Unveils 2013 Product Line
• Rock Island Armory’s 10 MM 1911
• American Rifleman Editor Wins
Prestigious Nikon Award
Sturm, Ruger & Co: Bulls Win Over Bears For This Gun Stock
by Qineqt
Sturm, Ruger & Co (RGR) posted impressive performance figures in its third quarter’s earnings release. The company topped both revenue and earnings’ estimates. Both gun manufacturers and gun stock investors have been enjoying positive surprises in this election year the same way they benefited back in 2009. In the last three quarters, the company topped all of its earnings’ estimates. read more »
More on RGR:
Sturm, Ruger & Co. Management Discusses Q2 2012 Results – Earnings Call Transcript
Guns Still Better Than Gold! by Bill Gunderson
Shooting For Growth: Sturm, Ruger & Co. by George Liu
Other articles that mention RGR:
How to Build A Fiscal Cliff Portfolio, Part 1 by Lou Basenese
How Obama’s Election Moved Stocks Over The Past Week by Robert Broens
The 10 Stocks To Own For A Romney Or Obama Win by The Oxen Group
Got to the range today, finally..
And no did not go anything like this clip that Weer’d has up!!
Kid wanted to practice driving so I tossed in driving to the range and that sounded good.
So off we went..
Had a good time, only pistols today.
FEG PA63 9×18 mak
Ruger MkII
Kahr CW9 both Wolf 9mm and Rem.
and
Ruger GP100 .38 reloads
Kid got a bit frustrated with his FEG trying to hit the gong so he grabbed the GP100 and promptly drilled it..
All in all we shot fairly well..Spent most of my time ringing the gong and did quite well considering how long it has been!!
Managed to hit with the Kahr about half the time, GP100 3/4s and MKII pretty much every time..
The FEG is a nice shooting little gun, but do not spend much time with it. Shoots well though..
Our victims…
Got home and was unloading and noticed some strange marks on paper targets we had along.
Took me a minute to realize it was splatter from shooting the gong…Heh..
Was fun…
OLN, RGRIf Past Is Prologue, Watch These Gun Stocks by Nigam Arora
Gun sales have been growing and are likely to grow further as a result of the unfortunate Colorado shooting, which has reignited the gun control debate. Unfortunately, the terrible shooting during a midnight screening of ‘The Dark Knight Rises‘, which killed 12 people and wounded 59, has not added any new substance to the debate. The media is full of old arguments on both sides. There is no value to be added by repeating them here.
Strum Ruger and Company Inc (RGR)
RGR manufactures firearms and steel castings for licensed U.S. domestic wholesale distributors. RGR experienced a 42.6% growth in earnings this year. It is trading at half the multiple (16x) of its direct competitor, Smith and Wesson Holding Corporation (SWHC). The firm is currently making an ROE of 35%, greater than SWHC’s 24%. The operating margin is greater as well. In March this year, the firm was surprised by a 50% unexpected increase in demand, and could not take new orders till the end of May. This spur in demand for arms is similar to the one witnessed in the 2009, the previous election year,after Obama was elected, when firearms fanatics were fearful that he would consolidate gun laws.
Therefore, a lot depends on who is selected as the president of the United States this time around. GOP candidate Mitt Romney has shown an “unsure” behavior toward the issue of gun control. Before 2004, the Republican Presidential nominee signed every bill to outlaw assault weapons. However, in order to win the support of gun advocates (as the critics say), he switched sides in 2006, and joined the National Rifle Association (NRA) – a lobby that vehemently advocates the ownership of guns for self-protection. Obama is expected by some to try to tighten gun laws. Libertarian nominee Gary Johnson is of the view, “If you outlaw guns, only outlaws will have guns”
Despite the surge in the demand for guns, market sentiments show a different story. In a month’s time, RGR’s shorted shares rose by 12.1%. Estimates for the next year’s earnings give a negative growth figure. This is probably because of the expected drop in next year’s revenue, which have risen dramatically this year, prior to the elections. It will take 7 days for the market to clear short positions.
11:08 AM Shares of Sturm Ruger (RGR) trim 5.1% as the stock now stands down 27% for the month after momentum was stopped in its tracks when the company announced it had to stop taking orders as it couldn’t keep up with gun demand. Zacks’ Brian Bolan sees the selloff as overdone, noting high demand isn’t such a bad problem to have after all. (Read the comments on this)
See more Market Currents on On the Move, Consumer
Recent articles on RGR:
Shooting For Growth: Sturm, Ruger & Co. by George Liu
Sturm, Ruger: A Stock That Benefits From Economic Fear by Nicholas Pardini
Sturm, Ruger Looks Better Than Gold by Bill Gunderson
Own it. Need more…
RGR: Sturm, Ruger & Company, Inc. 2012 Annual Meeting Conference Call by (Business Wire)
RGR: Sturm, Ruger & Company, Inc. to Report First Quarter Results on Tuesday, May 1 by (Business Wire)
Breaking news on this portfolio: view now.
Is why I own a bit of it….And would like more..
Shooting For Growth: Sturm, Ruger, & Co.
by George Liu
It’s not every day that an iconic American company that has been around since 1949 is forced to stop taking orders until “the end of May” due to overwhelming demand. Sturm, Ruger & Co. (RGR), the U.S. firearms company with a 974.4M market cap has done exactly that. Due to extremely positive Q1 sales of over 1M units, Sturm, Ruger &Co. has temporarily suspended acceptance of new orders because it cannot keep up with demand. The company, which operates in the consumer goods sector, is currently benefiting from a huge surge in interest of firearms, a surge which has been catalyzed by a variety of factors, from election fears to economic conditions and legislative as well as judicial action. Sturm, Ruger & Co. has been riding high, experiencing a 52.3% gain in its stock price YTD and hovering near its 52-week high of $53.29. read more »
More on RGR:
Sturm, Ruger: A Stock That Benefits From Economic Fear by Nicholas Pardini
Sturm, Ruger Looks Better Than Gold by Bill Gunderson
Mention of Gun Control Drives Sturm, Ruger & Co.’s Sales Upward by YChartsOther articles that mention RGR:
Review Of Trading Diary Reveals Mistakes And Victories by Brian Bleifeld
A Run On Guns Is Making Investors Happy by Michael J. Ray
2 Stocks Taking Booming Gun Sales To The Bank by Hedgephone
From the Roof Top
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