2024-02-07 03:39:19 ET
Summary
- Sturm, Ruger & Company is an American firearms manufacturer that sells a wide range of products catering to civilian, law enforcement, and military users.
- The company's recent performance has been negatively impacted by a decline in demand and working capital trends, resulting in a decrease in earnings and cash flow.
- Valuing RGR is challenging due to the unpredictable nature of firearms demand, making it difficult to recommend a buy or sell. The company also faces risks such as litigation and restrictive gun control measures.
- We are waiting for deeper liquidity and higher vol on the options chain to take a structured position.
Summary
Read the full article on Seeking Alpha
For further details see:
Sturm, Ruger & Company: Hunting For A Bargain