Sturm, Ruger & Company, Inc. (NYSE:RGR) Sets New 52-Week Low - What's Next?

Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) reached a new 52-week low on Thursday . The stock traded as low as $40.07 and last traded at $40.07, with a volume of 127 shares changing hands. The stock had previously closed at $40.78.

Sturm, Ruger & Company, Inc. Trading Down 3.5 %

The business has a 50-day moving average of $41.47 and a two-hundred day moving average of $42.70. The firm has a market cap of $662.99 million, a P/E ratio of 22.31 and a beta of 0.16.

Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) last announced its quarterly earnings results on Wednesday, October 30th. The company reported $0.28 EPS for the quarter. Sturm, Ruger & Company, Inc. had a return on equity of 10.00% and a net margin of 6.36%. The firm had revenue of $122.29 million for the quarter. As a group, equities analysts expect that Sturm, Ruger & Company, Inc. will post 2.19 EPS for the current year.

Sturm, Ruger & Company, Inc. Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be given a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 1.12%. Sturm, Ruger & Company, Inc.'s dividend payout ratio (DPR) is currently 43.93%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in shares of Sturm, Ruger & Company, Inc. by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 2,032,974 shares of the company's stock worth $92,399,000 after acquiring an additional 35,815 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in Sturm, Ruger & Company, Inc. by 28.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,618 shares of the company's stock worth $74,000 after purchasing an additional 355 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in Sturm, Ruger & Company, Inc. by 13.4% during the 1st quarter. BNP Paribas Financial Markets now owns 25,933 shares of the company's stock worth $1,197,000 after purchasing an additional 3,059 shares during the last quarter. Illinois Municipal Retirement Fund lifted its position in shares of Sturm, Ruger & Company, Inc. by 2.8% in the 1st quarter. Illinois Municipal Retirement Fund now owns 10,217 shares of the company's stock worth $472,000 after purchasing an additional 279 shares during the period. Finally, EntryPoint Capital LLC bought a new stake in shares of Sturm, Ruger & Company, Inc. in the 1st quarter valued at $228,000. 64.00% of the stock is owned by institutional investors.

About Sturm, Ruger & Company, Inc.

Sturm, Ruger & Company, Inc, together with its subsidiaries, designs, manufactures, and sells firearms under the Ruger name and trademark in the United States. The company operates through two segments: Firearms and Castings. It provides single-shot, autoloading, bolt-action, and modern sporting rifles; rimfire and centerfire autoloading pistols; single-action and double-action revolvers; and firearms accessories and replacement parts, as well as manufactures lever-action rifles under the Marlin name and trademark.