However, it is worth noting that earnings estimates have actually been moving higher for the company, despite the pessimism. Thanks to these rising estimates, we actually have a Zacks Rank #2 (Buy) on RGR, so we clearly don’t believe in the negativity surrounding this firm, and are instead looking for shares of RGR to move higher in the weeks ahead.
STURM RUGER & CO INC (RGR): Free Stock Analysis Report
Zacks Investment Research
- Consumer Discretionary