|Bid||69.90 x 800|
|Ask||0.00 x 1300|
|Day's Range||69.32 - 72.71|
|52 Week Range||57.41 - 90.74|
|Beta (5Y Monthly)||0.36|
|PE Ratio (TTM)||11.38|
|Earnings Date||Jul 27, 2021 - Aug 02, 2021|
|Forward Dividend & Yield||3.44 (4.74%)|
|Ex-Dividend Date||May 14, 2021|
|1y Target Est||85.00|
When it comes to picking stocks, most investors go gaga over earnings and pay little attention to a company's financial strength
Sturm, Ruger (NYSE: RGR) continues to benefit from the record-setting pace of firearms sales being set this year as first-quarter revenue surged 49% year over year and profits rocketed nearly 150% higher. The FBI is on track to break all records this year on the number of background checks it conducts on potential gun buyers, which is translating into manufacturers like Ruger and Smith & Wesson Brands (Nasdaq: SWBI) seeing white-hot sales growth.
The US firearms industry’s economic significance is overestimated by both sides of the gun controls debate. Laws and regulations will be determined by the sentiments of the American political tribes, not gunmakers’ financial power. Having said that, shares in the manufacturers of handguns, shotguns and “modern sporting rifles” such as the old AR-15 had a pretty good run from July 2020 to early this year.