Sturm Ruger & Company (RGR): Today's Featured Aerospace/Defense Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Sturm Ruger & Company ( RGR) pushed the Aerospace/Defense industry lower today making it today's featured Aerospace/Defense laggard. The industry as a whole closed the day up 0.4%. By the end of trading, Sturm Ruger & Company fell $2.70 (-3.4%) to $77.64 on heavy volume. Throughout the day, 789,512 shares of Sturm Ruger & Company exchanged hands as compared to its average daily volume of 346,000 shares. The stock ranged in price between $76.05-$80.81 after having opened the day at $80.75 as compared to the previous trading day's close of $80.34. Other companies within the Aerospace/Defense industry that declined today were: Woodward ( WWD), down 3.5%, Acorn Energy ( ACFN), down 2.9% and DigitalGlobe ( DGI), down 2.2%.

Sturm, Ruger & Company, Inc. engages in the design, manufacture, and sale of firearms in the United States. The company offers single-shot, auto loading, bolt-action, and sporting rifles; single-action and double-action revolvers; and rim fire auto loading and center fire auto loading pistols. Sturm Ruger & Company has a market cap of $1.6 billion and is part of the industrial goods sector. The company has a P/E ratio of 15.2, below the S&P 500 P/E ratio of 17.7. Shares are up 9.9% year to date as of the close of trading on Friday. Currently there are no analysts that rate Sturm Ruger & Company a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Sturm Ruger & Company as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Frontline ( FRO), up 8.1%, AAR Corporation ( AIR), up 3.8%, Erickson Air-Crane ( EAC), up 3.3% and CAE ( CAE), up 3.2% , were all gainers within the aerospace/defense industry with Raytheon Company ( RTN) being today's featured aerospace/defense industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider iShares DJ US Aerospace & Def Idx ( ITA) while those bearish on the aerospace/defense industry could consider ProShares Short Dow 30 ( DOG).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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