October NICS Background Checks Drop 17% - Cowen (AOBC) (RGR)
Tweet
Share
E-mailGet Alerts RGR Hot Sheet
Price: $39.28 -0.05%
Rating Summary:
2 Buy, 3 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 5 | Down: 11 | New: 27
Rating Summary:
2 Buy, 3 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 5 | Down: 11 | New: 27
Join SI Premium – FREE
Cowen analyst Cai von Rumohr noted contained weakness in NICS checks in October, although comps get easier in December.
Adjusted NICS background checks dropped 17% Y/Y in October, vs. September's -12%, August’s -11%, and July’s -25%.
The 1.1MM checks in October 2017 were the fourth strongest month on record, although sequential comparisons lagged in all categories, von Rumohr commented.
Related Stocks
American Outdoor Brands (NASDAQ: AOBC)
Sturm Ruger (NYSE: RGR)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- SpaceX Shares Indicated To Open At $155
- Pepsico (PEP) PT Lowered to $150 at TD Cowen
- The Lovesac Co. (LOVE) PT Raised to $20 at DA Davidson Following Q1 Results
Create E-mail Alert Related Categories
Analyst Comments, Trader TalkRelated Entities
Cowen & CoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
