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Firearms Seeing Sharp Increase In Promotions; Analyst Expresses Concern For American Outdoor Brands
Thursday, April 13, 2017 - 8:21am | 316Recent channel checks indicate a “continued high level of competitive promotions and discounting, along with still elevated inventory levels, particularly in the lucrative modern sporting rifle (MSR) category,” Wunderlich’s Rommel Dionisio said in a report. American Outdoor Brands...
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Reminder: Shot Show Is Happening This Week
Tuesday, January 17, 2017 - 12:38pm | 361The Shot Show gets underway in Las Vegas Tuesday. The four-day event counts among its attendees, shooting, hunting and outdoor trade and commercial buyers and sellers of military, law enforcement and tactical products and services. Why Shot Show Is Important Many companies unveil new products...
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Gun Stocks Affected By Tough Year-Over-Year Comparisons
Friday, January 6, 2017 - 10:45am | 453The numbers for firearm background checks, though firing to an all time record in 2016, were found wanting in December. Data released by the FBI based on the National Instant Background Check System, or NICS, showed that 2,771,159 checks were made in December 2016 compared to 3,314,594 in...
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Smith & Wesson's Q3 Likely To Be Hindered By 2016's Terror-Inspired Demand Spikes
Friday, December 2, 2016 - 11:36am | 267After market close on Thursday, Smith & Wesson Holding Corp (NASDAQ: SWHC) reported Q2 results, which beat on both top- and bottom-line estimates. The stock sank on lower-than-consensus Q3 guidance, however, with shares trading down around 8 percent in the pre-market Friday. Wunderlich analyst...
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Trump Presidency To Slow The Gun Industry's Momentum
Monday, November 28, 2016 - 10:45am | 348Following the recent election of a “more gun-friendly Republican administration and Congress, combined with a sluggish start to hunting season due to unseasonably warm autumn weather through much of the country,” Wunderlich’s Rommel Dionisio noted that sales of firearms and...
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Sturm Ruger And NICS Data Suggest A Strong Second Half For Gun Stocks
Wednesday, November 2, 2016 - 12:17pm | 326Shares of gun stocks Sturm Ruger & Company Inc (NYSE: RGR) and Smith & Wesson Holding Corp (NASDAQ: SWHC) are getting a bit of a boost this week after the FBI reported yet another record month of NICS background checks and Sturm Ruger delivered a Q3 earnings beat. October’s NICS...
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NICS Firearm Background Checks Continue To Ramp In October
Tuesday, November 1, 2016 - 2:05pm | 311Firearm background checks for the month of October continued a record-high trend for this year, with checks rising 17 percent sequentially and 18 percent year-over-year. The Firearm Background checks data is released by the National Instant Criminal Background Check System, which is followed in the...
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Gun Stocks In The Cross-Hairs Ahead Of FBI Background Check Data
Tuesday, November 1, 2016 - 9:17am | 479Investors and traders will be looking at gun stocks ahead of the FBI’s background check data release this week. Additionally, of particular interest is the earnings announcement of Sturm Ruger & Company Inc (NYSE: RGR) on Tuesday. The Firearm Background checks data is released by the...
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Gun Sales Could Drive Upside For Cabelas
Monday, July 25, 2016 - 10:17am | 402MKM Partners said strong gun/ammunition sales following the nightclub shooting in Orlando should aid Cabelas Inc (NYSE: CAB)'s second-quarter results, which come amid M&A speculations. Cabela's, which is a specialty retailer and a direct marketer of hunting, fishing, camping and related outdoor...
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How Do Gun Stocks Respond In The Days And Weeks After Mass Shootings?
Friday, July 8, 2016 - 1:14pm | 329Shares of gun makers Smith & Wesson Holding Corp (NASDAQ: SWHC), Sturm, Ruger & Company (NYSE: RGR), TASER International, Inc. (NASDAQ: TASR) and Vista Outdoor Inc (NYSE: VSTO) are all surging on Friday following the tragic shooting of five police officers in Dallas. Unfortunately,...
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FBI Background Check Data Indicate Gun Purchases May Set A Record In 2016
Tuesday, July 5, 2016 - 11:05am | 412American consumers are breaking records this summer in a controversial category: gun sales. The Federal Bureau of Investigation released its background check data late Friday, data which is used as a proxy for the level of gun sales, and the numbers suggest to CNN Money that 2016 is on track to...
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Gun Control Social Chatter Reaches Historic High
Wednesday, June 29, 2016 - 2:01pm | 354The latest data from TickerTags indicate the Orlando shootings may have triggered more public gun control discussions than ever before. TickerTags monitors social media sites to identify trends by searching for words and phrases that appear together in social media content, such as tweets. In the...
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Taser Shares Up Amid CL King Conference
Monday, March 7, 2016 - 4:36pm | 117The CL King Conference in Boston is underway on Monday, hosting TASER International, Inc. (NASDAQ: TASR)'s management meeting. Year-to-date, Taser is up 14.36 percent, boasting a market cap of $1.06 billion. According to MarketBeat, the company has an average analyst rating of Buy with a...
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Is It Too Late To Get On The Gun Stock Train?
Friday, March 4, 2016 - 1:35pm | 468Smith & Wesson Holding Corp (NASDAQ: SWHC) is absolutely booming after Thursday's big beat and record sales. The stock is up more than 20 percent year-to-date and 6 percent on Friday alone. This success, and the success of peer Sturm, Ruger & Company (NYSE: RGR) both follow...
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Facebook Bans Private Gun Sales
Monday, February 1, 2016 - 2:08pm | 503While the foray into e-commerce has been overly successful and lucrative for the likes of Facebook Inc (NASDAQ: FB), not all online-shopping exchanges have been met positively. The public has taken advantage of these platforms to buy and sell items without the arduous process of background...