Media stories about Sturm Ruger & Co (NYSE:RGR) have been trending somewhat positive on Thursday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Sturm Ruger & Co earned a media sentiment score of 0.01 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 47.7547174139666 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Contrasting Sturm Ruger & Co (RGR) and Its Competitors (americanbankingnews.com)
- Sturm Ruger & Company Inc (RGR) Downgraded by Zacks Investment Research to “Sell” (americanbankingnews.com)
- Starting Young (westportnow.com)
- Gun Manufacturer ‘Less Than a Mile From Westport Border’ (westportnow.com)
- Companies Amp Up Support for March For Our Lives (triplepundit.com)
Separately, Zacks Investment Research downgraded shares of Sturm Ruger & Co from a “hold” rating to a “sell” rating in a report on Tuesday, February 27th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $64.50.
Sturm Ruger & Co (NYSE:RGR) last announced its quarterly earnings results on Wednesday, February 21st. The company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.21). Sturm Ruger & Co had a return on equity of 22.81% and a net margin of 9.98%. The business had revenue of $118.20 million during the quarter, compared to the consensus estimate of $134.50 million. During the same quarter in the prior year, the firm posted $1.10 EPS. The company’s revenue for the quarter was down 26.9% on a year-over-year basis. equities analysts expect that Sturm Ruger & Co will post 3.42 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Thursday, March 15th will be given a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 1.75%. The ex-dividend date of this dividend is Wednesday, March 14th. This is a boost from Sturm Ruger & Co’s previous quarterly dividend of $0.21. Sturm Ruger & Co’s payout ratio is currently 31.72%.
Sturm Ruger & Co Company Profile
Sturm, Ruger & Company, Inc designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. It operates in two segments, Firearms and Castings. The company offers single-shot, autoloading, bolt-action, and sporting rifles; rimfire and centerfire autoloading pistols; single-action and double-action revolvers; and firearms accessories and replacement parts.
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