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RGR

Sturm, Ruger

$52.75

-1.4 (-2.59%)

, AOBC

American Outdoor Brands

$15.70

-0.33 (-2.06%)

13:24
10/07/17
10/07
13:24
10/07/17
13:24

Gun shares look overvalued, Barron's says

Tragedies involving guns and political pronouncement about gun violence tend to move shares of publicly traded firearms companies, such as Sturm Ruger (RGR), American Outdoor Brands (AOBC) and Vista Outdoor (VSTO), Vito Racanelli writes in this week's edition of Barron's. But with prospects dim for stricter gun control, an impetus for long-term sales growth is lacking, he notes, adding that the stocks look overvalued.Reference Link

RGR

Sturm, Ruger

$52.75

-1.4 (-2.59%)

AOBC

American Outdoor Brands

$15.70

-0.33 (-2.06%)

VSTO

Vista Outdoor

$21.75

-0.85 (-3.76%)

RGR Sturm, Ruger
$52.75

-1.4 (-2.59%)

08/21/17
AGIS
08/21/17
INITIATION
Target $67
AGIS
Buy
Sturm, Ruger initiated with a Buy at Aegis
Aegis analyst Rommel Dionisio started Sturm, Ruger with a Buy rating and $67 price target, stating that his channel checks of U.S. firearms dealers and distributors show they expect inventory destocking to end within the next two to three months.
08/21/17
08/21/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on the today's top five analyst initiations with this list compiled by The Fly: 1. Sienna Biopharmaceuticals (SNNA) initiated with an Outperform at BMO Capital, an Overweight at JPMorgan and an Outperform at Cowen. 2. Maxim analyst James Jang initiated coverage of the dry bulk shipping sector, starting Seanergy Marine (SHIP), Safe Bulkers (SB), Euroseas (ESEA) and Eagle Bulk Shipping (EGLE) with Buy ratings. 3. Buckingham analyst Matthew Brooklier started coverage of Knight Transportation (KNX), Werner (WERN) and Ryder (R) with Buy ratings and Old Dominion (ODFL) with a Neutral rating. 4. Baker Hughes (BHGE) initiated with a Buy at Argus. 5. Sturm, Ruger (RGR) initiated with a Buy at Aegis. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
03/14/17
03/14/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Herbalife (HLF) initiated with a Neutral at Citi. 2. OPKO Health (OPK) initiated with a Buy at Guggenheim. 3. Bojangles (BOJA) initiated with an Outperform at Cowen. 4. Sturm, Ruger (RGR) initiated with a Hold at Wunderlich. 5. Wayfair (W) initiated with an Overweight at Stephens. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
03/14/17
WDLK
03/14/17
INITIATION
Target $51
WDLK
Hold
Sturm, Ruger initiated with a Hold at Wunderlich
Wunderlich analyst Rommel Dionsio started Sturm, Ruger with a Hold rating and $51 price target.
AOBC American Outdoor Brands
$15.70

-0.33 (-2.06%)

09/08/17
LSCM
09/08/17
NO CHANGE
Target $13
LSCM
Hold
American Outdoor Brands price target lowered to $13 from $17 at Lake Street
Lake Street analyst Chris Krueger lowered his price target for American Outdoor Brands to $13 saying the company's Q1 results "were weak" despite giving guidance with just four weeks remaining in the quarter. The analyst believes trends fell off in July and have remained weak thus far in Q2. He thinks the industry environment will remain difficult for several more months and keeps a Hold rating on the shares.
09/20/17
CHLM
09/20/17
NO CHANGE
Target $17
CHLM
Hold
Easing of gun makers export rules could be catalyst, says Craig-Hallum
Craig-Hallum analyst Steven Dyer notes that while details are still vague, commentary suggests that the Trump Administration is contemplating a plan to shift oversight of international non-military firearms sales from the State Department to the Commerce Department, effectively making it easier for U.S. manufacturers to sell guns overseas. The analyst argues that while international sales make up less than 5% of American Outdoor Brands' total revenue, he views this legislation as a potential catalyst to drive increased international sales. He reiterates a Hold rating on the shares, while raising his price target on the stock to $17 from $15.
09/25/17
WEDB
09/25/17
UPGRADE
WEDB
Outperform
American Outdoor Brands upgraded to Outperform from Neutral at Wedbush
09/25/17
09/25/17
UPGRADE
Target $19.5

Outperform
American Outdoor Brands upgraded to Outperform at Wedbush
As previously reported, Wedbush analyst James Hardiman upgraded American Outdoor Brands to Outperform from Neutral saying that between his gun consumer survey, distributor channel checks, concealed carry analysis, and upside/downside scenario analysis, he sees an industry that while beleaguered with excess inventory, elevated promotions, and questionable manufacturer strategy, is showing no signs of going away. The analyst also raised his price target on the shares to $19.50 from $16.
VSTO Vista Outdoor
$21.75

-0.85 (-3.76%)

10/06/17
ROTH
10/06/17
NO CHANGE
Target $21
ROTH
Neutral
New CEO to tackle distribution concerns at Vista Outdoor, says Roth Capital
Roth Capital analyst Dave King says that despite the announcement of a new CEO hire by Vista Outdoor (VSTO), he still remains concerned about the "sustainability of Vista's distribution competitive advantage" and soft performance from recent acquisitions. King writes that incoming CEO Chris Metz brings extensive experience in driving operational improvements, as the company continues to focus on expanding its e-commerce presence and possibly grow its business with Amazon (AMZN). The analyst is also positive on the opportunity to capture market share in the ammo downturn, maintaining a Neutral rating and his $21 price target on Vista.
08/30/17
KEYB
08/30/17
INITIATION
KEYB
Sector Weight
Vista Outdoor resumed with a Sector Weight from Overweight at KeyBanc
KeyBanc analyst Brett Andress resumed coverage of Vista Outdoor with a Sector Weight rating. The firm previously had an Overweight rating on the name.
08/21/17
AGIS
08/21/17
INITIATION
Target $26
AGIS
Hold
Vista Outdoor initiated with a Hold at Aegis
Aegis analyst Rommel Dionisio initiated Vista Outdoor with a Hold and a $26 price target.
06/08/17
DADA
06/08/17
UPGRADE
Target $29
DADA
Buy
Vista Outdoor upgraded to Buy from Neutral at DA Davidson
DA Davidson analyst Andrew Burns upgraded Vista Outdoor to Buy and raised his price target for the shares to $29 from $23. The analyst believes the company's fundamentals are bottoming. He continues to view Vista as a leading outdoor and shooting sports brand portfolio company.

TODAY'S FREE FLY STORIES

TXN

Texas Instruments

$95.18

1.73 (1.85%)

13:10
10/23/17
10/23
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10/23/17
13:10
Options
Texas Instruments calls active as shares see relative strength ahead of earnings »

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EEFT

Euronet

$98.71

1.93 (1.99%)

13:09
10/23/17
10/23
13:09
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13:09
Conference/Events
Euronet management to meet with SunTrust »

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NVS

Novartis

$86.19

0.45 (0.52%)

, MCD

McDonald's

$164.22

-2.08 (-1.25%)

13:06
10/23/17
10/23
13:06
10/23/17
13:06
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

NVS

Novartis

$86.19

0.45 (0.52%)

MCD

McDonald's

$164.22

-2.08 (-1.25%)

MMM

3M

$222.12

0.8 (0.36%)

UTX

United Technologies

$120.63

-0.3 (-0.25%)

LLY

Eli Lilly

$87.68

0.45 (0.52%)

LMT

Lockheed Martin

$320.44

0.44 (0.14%)

CAT

Caterpillar

$132.06

0.7 (0.53%)

BIIB

Biogen

$338.10

-4.32 (-1.26%)

GM

General Motors

$45.37

-0.2389 (-0.52%)

SHW

Sherwin-Williams

$389.65

-0.055 (-0.01%)

INFY

Infosys

$14.90

0.34 (2.34%)

GLW

Corning

$30.36

0.295 (0.98%)

PCAR

Paccar

$74.92

1.15 (1.56%)

SWK

Stanley Black & Decker

$159.75

-0.37 (-0.23%)

FITB

Fifth Third

$28.60

0.32 (1.13%)

CNC

Centene

$97.59

1.09 (1.13%)

WAT

Waters

$188.63

0.49 (0.26%)

IPG

Interpublic Group

$20.62

-0.2641 (-1.26%)

WAB

Wabtec

$76.28

-0.59 (-0.77%)

HUBB

Hubbell

$121.43

-1.6355 (-1.33%)

JBLU

JetBlue

$20.35

0.01 (0.05%)

PII

Polaris Industries

$106.55

0.09 (0.08%)

GPK

Graphic Packaging

$14.30

0.02 (0.14%)

R

Ryder

$82.98

-0.67 (-0.80%)

CVLT

Commvault

$58.55

0.5 (0.86%)

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WHR

Whirlpool

$182.85

0.39 (0.21%)

, ARNC

Arconic

$25.05

-2.12 (-7.80%)

13:05
10/23/17
10/23
13:05
10/23/17
13:05
Earnings
Notable companies reporting after market close »

Notable companies…

WHR

Whirlpool

$182.85

0.39 (0.21%)

ARNC

Arconic

$25.05

-2.12 (-7.80%)

ZION

Zions Bancorp

$46.76

0.71 (1.54%)

CR

Crane

$84.02

-0.09 (-0.11%)

OI

Owens-Illinois

$25.35

-0.24 (-0.94%)

RMBS

Rambus

$13.70

0.12 (0.88%)

03/08/13
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  • 23

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    Dec

COG

Cabot Oil & Gas

$25.39

-0.14 (-0.55%)

13:05
10/23/17
10/23
13:05
10/23/17
13:05
Options
Cabot Oil & Gas call volume above normal and directionally bullish »

Bullish option flow…

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  • 27

    Oct

13:05
10/23/17
10/23
13:05
10/23/17
13:05
General news
Treasury Action: the markets are quiet as a wait and see stance prevails »

Treasury Action: the…

NKE

Nike

$53.79

0.73 (1.38%)

12:55
10/23/17
10/23
12:55
10/23/17
12:55
Options
Nike put volume heavy and directionally bearish »

Bearish flow noted in…

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  • 25

    Oct

ADP

ADP

$115.93

1.31 (1.14%)

12:54
10/23/17
10/23
12:54
10/23/17
12:54
Hot Stocks
ADP 'strongly disagrees' with Glass Lewis' recommendation on director election »

ADP issued the following…

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  • 02

    Nov

UTX

United Technologies

$120.73

-0.205 (-0.17%)

12:46
10/23/17
10/23
12:46
10/23/17
12:46
Technical Analysis
Technical Earnings Preview: United Technologies in uptrend ahead of news »

Shares have been trading…

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  • 24

    Oct

FCX

Freeport McMoRan

$14.78

-0.049 (-0.33%)

12:45
10/23/17
10/23
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10/23/17
12:45
Options
Freeport McMoRan call volume above normal and directionally bullish »

Bullish option flow…

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  • 25

    Oct

AGN

Allergan

$189.61

1.33 (0.71%)

12:45
10/23/17
10/23
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12:45
Periodicals
Allergan has weak balance sheet after large buybacks, WSJ's Grant says »

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SSYS

Stratasys

$23.21

2.26 (10.79%)

12:37
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Hot Stocks
Stratasys announces NYU study on treating kidney issues with 3D technology »

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  • 14

    Nov

TAL

TAL Education

$34.05

-0.865 (-2.48%)

12:35
10/23/17
10/23
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12:35
Options
Tal Education Group put volume heavy and directionally bearish »

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  • 26

    Oct

LGL

LGL Group

$5.66

0.1 (1.80%)

12:32
10/23/17
10/23
12:32
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12:32
Hot Stocks
LGL Group reports extension of rights offering expiration to November 13 »

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BBW

Build-A-Bear

$8.15

-0.1 (-1.21%)

12:32
10/23/17
10/23
12:32
10/23/17
12:32
Conference/Events
Build-A-Bear management to meet with Jefferies »

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SYBX

Synlogic

$15.01

-1.46 (-8.86%)

12:28
10/23/17
10/23
12:28
10/23/17
12:28
Conference/Events
Synlogic management to meet with Jefferies »

Meeting to be held in San…

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  • 26

    Oct

ROIC

Retail Opportunity

$18.76

-0.3 (-1.57%)

12:26
10/23/17
10/23
12:26
10/23/17
12:26
Conference/Events
Retail Opportunity management to meet with Jefferies »

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  • 25

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MCD

McDonald's

$164.42

-1.88 (-1.13%)

12:26
10/23/17
10/23
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10/23/17
12:26
Technical Analysis
Technical Earnings Preview: McDonald's testing support ahead of earnings »

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  • 24

    Oct

XOM

Exxon Mobil

$83.21

0.1 (0.12%)

12:20
10/23/17
10/23
12:20
10/23/17
12:20
Options
11.7K Exxon Mobile Jan 82.5 - Mar 87.5 call spreads bought for $1.40 »

11.7K Exxon Mobile Jan…

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  • 27

    Oct

$NSD

NASDAQ Market Internals

12:17
10/23/17
10/23
12:17
10/23/17
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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$NYE

NYSE Market Internals

12:16
10/23/17
10/23
12:16
10/23/17
12:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

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12:15
10/23/17
10/23
12:15
10/23/17
12:15
General news
Treasury Option Action: some "call fly" demand »

Treasury Option Action:…

SAGE

Sage Therapeutics

$63.50

0.58 (0.92%)

12:10
10/23/17
10/23
12:10
10/23/17
12:10
Options
Sizable ratio spread in Sage Therapeutics »

Sizable ratio spread in…

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VLKAY

Volkswagen

$35.00

-0.25 (-0.71%)

12:08
10/23/17
10/23
12:08
10/23/17
12:08
Periodicals
Volkswagen receives approval from U.S regulators for SUV fix, Reuters says »

U.S and California…

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RMBS

Rambus

$13.70

0.12 (0.88%)

12:05
10/23/17
10/23
12:05
10/23/17
12:05
Technical Analysis
Technical Earnings Preview: Rambus in bullish price channel ahead of news »

The shares have been…

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  • 23

    Oct

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    Dec

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