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RGR

Sturm, Ruger

$52.33

0.925 (1.80%)

, SWHC

Smith & Wesson

$23.33

-0.67 (-2.79%)

12:58
12/01/16
12/01
12:58
12/01/16
12:58

FBI reports November firearm background checks up 14% to 2.56M

The FBI released November data from the National Instant Criminal Background Check System, an indirect measure of monthly U.S. firearm sales. NICS checks for November registered at 2.56M, up roughly 9.7% from October's 2.33M and up 14% from last November's 2.24M. Publicly traded companies in the space include Sturm Ruger (RGR) and Smith & Wesson (SWHC).

RGR

Sturm, Ruger

$52.33

0.925 (1.80%)

SWHC

Smith & Wesson

$23.33

-0.67 (-2.79%)

  • 01

    Dec

  • 13

    Dec

RGR Sturm, Ruger
$52.33

0.925 (1.80%)

06/06/16
06/06/16
DOWNGRADE

Hold
Sturm, Ruger downgraded on slower demand at BB&T
As noted earlier, BB&T downgraded Sturm, Ruger to Hold from Buy. The firm says that consumer demand for firearms appears to be slowing.
06/06/16
06/06/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Tyson Foods (TSN) downgraded to Market Perform from Outperform at BMO Capital with the firm citing valuation and rising feed costs. 2. Sturm, Ruger (RGR) downgraded to Hold from Buy at BB&T with the firm saying that consumer demand for firearms appears to be slowing. 3. AbbVie (ABBV) downgraded to Market Perform from Outperform at Cowen with analyst Steve Scala saying the company's analyst meeting last Friday was "solid," but did little to add to long-term visibility, while the Rova-T data reported at ASCO was "underwhelming." Scala cut his price target on AbbVie shares to $70 from $77. 4. Barracuda (CUDA) downgraded to Underperform from Market Perform at JMP Securities with the firm saying its checks show that Barracuda had "a challenging" May quarter. 5. Harley-Davidson (HOG) downgraded to Neutral from Buy at Goldman with analysts led by Patrick Archambault saying U.S. channel checks suggest Q2 registration growth has stalled, despite fewer competitive headwinds. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/17/16
COWN
06/17/16
UPGRADE
Target $28
COWN
Outperform
Smith & Wesson upgraded to Outperform from Market Perform at Cowen
Cowen analyst Cai von Rumohr upgraded Smith & Wesson (SWHC) to Outperform citing the company's "super" Q4 results and "encouraging" guidance for FY17. Smith & Wesson's guidance looks conservative even though retail gun sales slowed in May, von Rumohr tells investors in a research note. The analyst has a $28 price target for the shares. The gun maker closed yesterday up 27c to $21.75. The stock rallied 8% last night to $23.40 in after-hours trading following the company's earnings report. Competitor Sturm, Ruger (RGR) rallied 4% to $61.95 after Smith & Wesson's results.
07/06/16
DADA
07/06/16
NO CHANGE
DADA
Gun sales could continue to be strong through fall, says DA Davidson
Noting that firearm background checks jumped 28.6% year-over-year last month, DA Davidson attributes the surge to the Orlando terrorist attack and subsequent efforts to pass new gun control legislation. The firm thinks that continued pro-gun control rhetoric could create "a tailwind" for gun sales through the fall. DA Davidson says that Sportsman's Warehouse's (SPWH) valuation is attractive after the stock fell over 30% so far this year. It keeps a Buy rating on the shares. The firm keeps a Neutral rating on Cabela's (CAB). Smith & Wesson (SWHC) and Sturm, Ruger (RGR) manufacture guns.
SWHC Smith & Wesson
$23.33

-0.67 (-2.79%)

09/26/16
COWN
09/26/16
NO CHANGE
Target $34
COWN
Outperform
Smith & Wesson potential selection by Army not included in guidance, says Cowen
Cowen analyst Cai von Rumohr said it was surprising that Smith & Wesson was not selected by the Army to compete in the testing phase of the Modular Handgun System, or MHS, project, but also noted that MHS was not included in the company's guidance. The analyst, who thinks S&W shares still look cheap, keeps an Outperform rating on the gunmaker's stock, which is down over 4% to $26.40 in pre-market trading.
10/06/16
WDLK
10/06/16
DOWNGRADE
Target $29
WDLK
Hold
Smith & Wesson downgraded to Hold from Buy at Wunderlich
Wunderlich analyst Rommel Dionisio downgraded Smith & Wesson to Hold and lowered his price target for the shares to $29 from $36 citing decelerating industry demand.
11/21/16
LSCM
11/21/16
DOWNGRADE
LSCM
Hold
Smith & Wesson downgraded to Hold from Buy at Lake Street
11/21/16
LSCM
11/21/16
DOWNGRADE
Target $20
LSCM
Hold
Smith & Wesson downgraded on firearm uncertainty at Lake Street
Lake Street analyst Christopher Krueger downgraded Smith & Wesson to Hold from Buy and lowered his price target for the shares to $20 from $37. The analyst sees increased uncertainty for firearm sales. Shares the gun maker are off their highs but remain up 10c to $24.23 in afternoon trading.

TODAY'S FREE FLY STORIES

BHI

Baker Hughes

$65.40

1.4 (2.19%)

13:02
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  • 08

    Dec

DAL

Delta Air Lines

$48.38

0.61 (1.28%)

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CBI

CB&I

$32.06

-1.7901 (-5.29%)

12:55
12/02/16
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Options
CB&I put volume heavy and directionally bearish »

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MGM

MGM Resorts

$28.99

0.465 (1.63%)

12:55
12/02/16
12/02
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12:55
Conference/Events
MGM Resorts participates in a luncheon meeting hosted by the National Press Club »

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  • 02

    Dec

VASC

Vascular Solutions

12:48
12/02/16
12/02
12:48
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12:48
Downgrade
Vascular Solutions rating change  »

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12:45
12/02/16
12/02
12:45
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12:45
General news
Breaking General news story  »

Week of 12/2 Baker-Hughes…

NUS

Nu Skin

$50.75

0.52 (1.04%)

12:44
12/02/16
12/02
12:44
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12:44
Conference/Events
Nu Skin to host investor day »

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  • 07

    Dec

  • 09

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SPY

SPDR S&P 500 ETF Trust

$219.77

0.1999 (0.09%)

, IVV

iShares Core S&P 500

$221.02

0.29 (0.13%)

12:41
12/02/16
12/02
12:41
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12:41
Technical Analysis
On The Fly: ETF fund flow highlights »

For the week total flows…

SPY

SPDR S&P 500 ETF Trust

$219.77

0.1999 (0.09%)

IVV

iShares Core S&P 500

$221.02

0.29 (0.13%)

XOP

SPDR Oil Exploration and Production Fund

$41.98

-0.075 (-0.18%)

FXR

First Trust Industrials/Producer Durables AlphaDEX Fund

$33.03

0.0144 (0.04%)

GLD

SPDR Gold Trust

$112.20

0.6635 (0.59%)

IAU

iShares Gold Trust

$11.34

0.07 (0.62%)

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PBIB

Porter Bancorp

12:40
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12/02
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Hot Stocks
Breaking Hot Stocks news story on Porter Bancorp »

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ALIOF

Actelion

$190.80

-5.45 (-2.78%)

, JNJ

Johnson & Johnson

$111.93

0.55 (0.49%)

12:34
12/02/16
12/02
12:34
12/02/16
12:34
Periodicals
Actelion's silence speaks volumes to hedge funds, Reuters says »

Actelion's (ALIOF)…

ALIOF

Actelion

$190.80

-5.45 (-2.78%)

JNJ

Johnson & Johnson

$111.93

0.55 (0.49%)

03/08/13
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NVCN

Neovasc

$0.51

0.0018 (0.35%)

, BSX

Boston Scientific

$20.33

0.235 (1.17%)

12:31
12/02/16
12/02
12:31
12/02/16
12:31
Recommendations
Neovasc, Boston Scientific analyst commentary  »

Neovasc's Boston…

NVCN

Neovasc

$0.51

0.0018 (0.35%)

BSX

Boston Scientific

$20.33

0.235 (1.17%)

03/08/13
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  • 07

    Dec

  • 12

    Dec

FE

FirstEnergy

$30.62

-0.37 (-1.19%)

12:30
12/02/16
12/02
12:30
12/02/16
12:30
Options
Flurry of activity in First Energy puts »

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IBKC

IBERIABANK

$84.15

1.3 (1.57%)

12:26
12/02/16
12/02
12:26
12/02/16
12:26
Upgrade
IBERIABANK rating change  »

IBERIABANK upgraded to…

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  • 02

    Dec

12:20
12/02/16
12/02
12:20
12/02/16
12:20
General news
Treasury Option Action: and now some bullish call buying »

Treasury Option Action:…

PBIB

Porter Bancorp

12:16
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Breaking Hot Stocks news story on Porter Bancorp »

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$NYE

NYSE Market Internals

12:16
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12/02
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Technical Analysis
NYSE market internals summary »

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$NSD

NASDAQ Market Internals

12:16
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Technical Analysis
NASDAQ market internals summary »

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12:15
12/02/16
12/02
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General news
Breaking General news story  »

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PBIB

Porter Bancorp

12:13
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SBUX

Starbucks

$58.51

0.54 (0.93%)

, WDAY

Workday

$71.33

-10.275 (-12.59%)

12:12
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General news
On The Fly: Top stock stories at midday »

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SBUX

Starbucks

$58.51

0.54 (0.93%)

WDAY

Workday

$71.33

-10.275 (-12.59%)

ULTA

Ulta Beauty

$257.41

-2.09 (-0.81%)

P

Pandora

$12.58

1.095 (9.54%)

SIRI

Sirius XM

$4.56

-0.015 (-0.33%)

BX

Blackstone

$25.82

-0.33 (-1.26%)

GM

General Motors

$35.75

-0.6802 (-1.87%)

JPM

JPMorgan

$81.22

-0.57 (-0.70%)

BLK

BlackRock

$372.34

-4.86 (-1.29%)

DIS

Disney

$98.47

-0.4661 (-0.47%)

WMT

Wal-Mart

$70.74

0.0662 (0.09%)

IBM

IBM

$159.48

-0.342 (-0.21%)

INFO

IHS Markit

$35.11

-0.83 (-2.31%)

ASNA

Ascena Retail

$5.83

-0.21 (-3.48%)

FIVE

Five Below

$39.88

0.52 (1.32%)

AMBA

Ambarella

$61.39

-0.13 (-0.21%)

SWHC

Smith & Wesson

$23.98

0.65 (2.79%)

ATI

Allegheny Technologies

$16.05

-1.71 (-9.63%)

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  • 05

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    Jan

  • 28

    Feb

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    Jul

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    Oct

SOHO

Sotherly Hotels

$5.48

-0.01 (-0.18%)

12:10
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12/02
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12:10
Hot Stocks
Sotherly Hotels announces $10M stock repurchase program »

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FCAU

Fiat Chrysler

$7.65

-0.09 (-1.16%)

12:10
12/02/16
12/02
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12:10
Options
Fiat Chrysler Dec 7 - 8 call spread at 64c, 4K on ISE »

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  • 10

    Jan

PBIB

Porter Bancorp

12:07
12/02/16
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Hot Stocks
Breaking Hot Stocks news story on Porter Bancorp »

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DB

Deutsche Bank

$15.80

-0.26 (-1.62%)

12:02
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Periodicals
Deutsche Bank to cease some coverage for about 3,400 clients, WSJ says »

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  • 10

    Jan

OZM

Och-Ziff Capital

$3.14

0.18 (6.08%)

12:01
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Hot Stocks
Och-Ziff Capital advances after AUM increased in November »

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