Sturm Ruger Stock Z Score
| RGR Stock | USD 37.53 0.16 0.43% |
Sturm | Z Score |
Sturm Ruger Company Z Score Analysis
Sturm Ruger's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
| |||||||
| |||||||
| |||||||
| |||||||
|
Sturm Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Sturm Ruger is extremely important. It helps to project a fair market value of Sturm Stock properly, considering its historical fundamentals such as Z Score. Since Sturm Ruger's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sturm Ruger's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sturm Ruger's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
| Competition |
Based on the company's disclosures, Sturm Ruger has a Z Score of 0.0. This is 100.0% lower than that of the Leisure Products sector and 100.0% lower than that of the Consumer Discretionary industry. The z score for all United States stocks is 100.0% higher than that of the company.
Sturm Ruger Current Valuation Drivers
We derive many important indicators used in calculating different scores of Sturm Ruger from analyzing Sturm Ruger's financial statements. These drivers represent accounts that assess Sturm Ruger's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Sturm Ruger's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 821.2M | 1.1B | 1.2B | 803.4M | 723.1M | 411.5M | |
| Enterprise Value | 788.0M | 1.1B | 1.2B | 790.4M | 711.4M | 396.4M |
Sturm Ruger ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Sturm Ruger's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Sturm Ruger's managers, analysts, and investors.Environmental | Governance | Social |
Sturm Ruger Institutional Holders
Institutional Holdings refers to the ownership stake in Sturm Ruger that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Sturm Ruger's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Sturm Ruger's value.| Shares | American Century Companies Inc | 2024-09-30 | 173.9 K | Northern Trust Corp | 2024-09-30 | 162.2 K | Commonwealth Equity Services Inc | 2024-06-30 | 151 K | Amvescap Plc. | 2024-06-30 | 145.8 K | Touchstone Capital, Inc. | 2024-09-30 | 86.2 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 81 K | Norges Bank | 2024-06-30 | 79.9 K | Principal Financial Group Inc | 2024-09-30 | 79.6 K | Assenagon Asset Management Sa | 2024-09-30 | 77.5 K | Blackrock Inc | 2024-06-30 | 2.9 M | Vanguard Group Inc | 2024-09-30 | 1.9 M |
Sturm Fundamentals
| Return On Equity | 0.5 | ||||
| Return On Asset | 0.32 | ||||
| Profit Margin | 0.21 % | ||||
| Operating Margin | 0.30 % | ||||
| Current Valuation | 533.26 M | ||||
| Shares Outstanding | 16.79 M | ||||
| Shares Owned By Insiders | 3.02 % | ||||
| Shares Owned By Institutions | 67.39 % | ||||
| Number Of Shares Shorted | 656.57 K | ||||
| Price To Earning | 10.72 X | ||||
| Price To Book | 1.99 X | ||||
| Price To Sales | 0.86 X | ||||
| Revenue | 543.77 M | ||||
| Gross Profit | 179.67 M | ||||
| EBITDA | 81.41 M | ||||
| Net Income | 48.22 M | ||||
| Cash And Equivalents | 208.54 M | ||||
| Cash Per Share | 11.80 X | ||||
| Total Debt | 2.17 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 6.13 X | ||||
| Book Value Per Share | 18.14 X | ||||
| Cash Flow From Operations | 33.9 M | ||||
| Short Ratio | 5.33 X | ||||
| Earnings Per Share | 1.73 X | ||||
| Target Price | 46.0 | ||||
| Beta | 0.44 | ||||
| Market Capitalization | 630.16 M | ||||
| Total Asset | 398.82 M | ||||
| Retained Earnings | 418.06 M | ||||
| Working Capital | 208.2 M | ||||
| Current Asset | 189.27 M | ||||
| Current Liabilities | 81.99 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 2.73 % | ||||
| Net Asset | 398.82 M | ||||
| Last Dividend Paid | 3.36 |
About Sturm Ruger Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sturm Ruger's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sturm Ruger using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sturm Ruger based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Sturm Ruger
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sturm Ruger position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sturm Ruger will appreciate offsetting losses from the drop in the long position's value.Moving against Sturm Stock
| 0.61 | AS | Amer Sports, Upward Rally | PairCorr |
| 0.59 | HBI | Hanesbrands | PairCorr |
| 0.56 | DOGZ | Dogness International | PairCorr |
| 0.49 | GIL | Gildan Activewear | PairCorr |
| 0.47 | VSTO | Vista Outdoor | PairCorr |
The ability to find closely correlated positions to Sturm Ruger could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sturm Ruger when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sturm Ruger - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sturm Ruger to buy it.
The correlation of Sturm Ruger is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sturm Ruger moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sturm Ruger moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sturm Ruger can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Sturm Stock Analysis
When running Sturm Ruger's price analysis, check to measure Sturm Ruger's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sturm Ruger is operating at the current time. Most of Sturm Ruger's value examination focuses on studying past and present price action to predict the probability of Sturm Ruger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sturm Ruger's price. Additionally, you may evaluate how the addition of Sturm Ruger to your portfolios can decrease your overall portfolio volatility.