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 #1 (Strong 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