Sturm, Ruger & Company, Inc. (NYSE-RGR), announced today that for 2012, the Company reported net sales of $491.8 million and fully diluted earnings of $3.60 per share, compared with net sales of $328.8 million and fully diluted earnings of $2.09 per share in 2011.
Made $1.00/share in the quarter...which will accelerate in the next year. Earnings in 2013 will be $5.50/share. I think the stock is fairly valued at 10x earnings. Just because there will eventually be a slowdown in gun sales.