RGR had significant costs built into this quarter trying to get a new location up and running - yet probably did not get much production from that location since it is in start up mode. That will change. There are a lot of one-time costs associated with opening a new location. Once production gets cranking there the costs will come down and the profits should go up pretty substantially.
Go to dividata or any other site and look at when they have historically paid. They always pay in March, May, August, and November.
With headlines designed to imply the worst about the stock - betting that most people will not bother to read the article but will only see the headline. The sad thing is that most people will do just that.
Seeking Alpha will publish anything and anybody regardless if the material is made up or not so that will be convenient way to attack the stock.
YOU WISH!!! The ONLY issues with margins in this quarter were ONE-TIME costs to get the new plant going. Now that it is going more product will be going out in EVERY quarter that follows!
Great investment! Good luck speculating.
Sorry for the slow response - been working.
Saw the earnings news. Thought that might happen due to the costs of opening the new facility. In my opinion this is a speed bump and any drop just presents an opportunity to add shares.
To answer your questions concerning growth - I think this is an extremely well run company with products that are in demand. They are taking market share in what has been a rapidly expanding market. The growth in that market may slow at times but overall it will continue to grow and will at times experience rapid growth as it has recently. So I believe that the company will continue to take market share in a market that will continue to grow even if that growth is a little erratic.
Ruger products are in such high demand that the company has significant backlogs. The new facility they opened should allow them to ship more products to meet the demand - and the company will also ramp up sales as the ability to meet those sales increases. I have had sales jobs before and when we out-sold our ability to fill orders we backed off. Once the ability to fill orders increases sales incentives will also increase. Opening the new facility is huge and will significantly impact sales and profits over the next few years. There are definitely distributors who would love to have more Ruger product but who have not ordered them because they couldn't get the product anyway. As that changes and more and more orders are filled you can bet distributors will order more and more of Ruger's products.
I'm INVESTED in this company. Most of the people who are on this message board are SPECULATING. If you read the Intelligent Investor by Ben Graham it clearly states that most people who speculate lose - whereas investors tend to win if they have done their homework. I am very confident in this company and will be along for the ride for years to come.
You can bail out if you want to speculate on where this stock will be day to day - but it does not take much analysis to tell that this is a company worth investing in.
2007 156.49 Mil
2008 181.48 Mil
2009 270.99 Mil
2010 255.21 Mil
2011 328.82 Mil
2012 491.82 Mil
2013 670.00++ Mil ???
That would bring in tons of people who currently totally avoid McDonald's
Obviously Buffett bought shares in a range because of the MASSIVE quantity of shares that he bought. If you look up the range at which he bought you will see that he was STILL buying when it was at 95.20. He was buying when it was lower than that too - but he was STILL buying when it was at 95.20. His average price may be lower but that means he still thought it was worth purchasing at 95.20 - and you can bet that it wasn't because he was hoping it would go to 100. More likely you will see it at 150 in a couple of years and the longs will collect a pile of dividends along the way.
and you can be certain it wasn't because he was hoping it might go to 100. XOM will see 150 easily in the next couple of years plus pay out a nice chunk of dividends in the process.
If you buy on Monday and you are stressing over where it might be on Thursday then you really don't need to be in the stock market.
Revenues growing faster than they can keep up with. They have a significant backlog of orders and have opened a new facility to attempt to help meet the demand. This new facility should accelerate revenue growth and profit growth.
Profits are flying up. With the new dividend policy in place the dividend will bounce around some from quarter to quarter but is significantly higher than the previous year.
Relatively low PE. For a company in RGR's growth situation the current PE is insanely low.
Barry's still in the White House. As long as he is there will be repeated attempts at gun control and each one will cause people to run out and buy more of RGR's products. The noise may subside here and there but the agenda from this administration is still firmly in place. While it will never be successful, the noise from it will significantly benefit RGR's sales.
Wall Street has been slow to figure this one out and is just now starting to join the party. Analysts are flipping from hold and sell recommendations on RGR to buy recommendations. RGR is now a Zack's #1 rated Strong Buy. Even those on the short side of the equation have recently been bailing and saying to cover or buy the stock.
Wall Street has the estimates wrong. Even though revenues and profits were projected to fall this year it seems that Wall Street is quickly changing its opinion. Look at the estimate revisions in just the last 90 days. The analysts are constantly increasing their estimates on this stock and as they do the stock will continue to run.
Revenues will be between 1.6 billion and 1.7 billion - give or take a few hours worth of revenue. If they come in higher than that then this thing will explode upwards - but higher than that is doubtful.
Management has guided to 1.65 to 1.725 billion.
Zack's has it pegged at 1.702 billion.
ITG said it would be in-line to below.
My guess is that it will be in-line and everybody will be right.
Regardless of where revenues come in, they are climbing - and earnings will be up substantially - like at least a 40+ percent improvement from last year.
Nothing has changed here. Fast growing earnings and a great company which is now paying a quarterly dividend. Look for earnings and the dividend to continue to grow. Stop worrying about the day-to-day noise and enjoy the ride for a while.
I have now officially heard it all. If anyone on this planet is all hype, rumor, suggestion, and #$%$ it is Cramer. If a stock is going up then he believes it will go up forever and hypes that. If it is going down then he says sell it. I have seen him say sell stocks at 18 bucks and then a few weeks later say the same stock is screaming buy at 23 when nothing had changed other than the stock price - and similar situations multiple times. If he has a clue what fundamentals are then he seldom shows it - if ever. Wow. I'm thinking this frees the rest of us to call ourselves "old dog astronauts" or "old dog brain surgeons" or whatever anytime we want.
Along those lines, who exactly at CNBC does he have naked pictures of? How is it that he is on 24/7? His constant yelling, slobbering, screaming rant makes me sick - but since CNBC currently has no competition we are all stuck watching it if you want to keep up with the market. Whatever their ratings are I am pretty certain they would be significantly higher if they had ANY OTHER plan than putting that screaming, slobbering idiot on 24/7. JMO.
A better question might be why aren't they? 10,000 shares is hardly a meaningful quantity. Insiders are constantly selling at pretty much every public company. Given the recent run-up wouldn't you expect them to be unloading many more shares than that? They were selling in the 50s last August. If they knew anything special - as you are trying to insinuate - then they would not have been selling then. Insider selling is a non-story for almost every stock on the market as some insider selling is constantly expected.
If you look at their 10 year history sales were 125M back in 2003. AVD has provided phenomenal sales growth over that window. If people bail because they have concerns over the next quarter or one conference call then they are fools. Playing stocks for the short-term is a great way to lose money. Take your losses and run.