I don’t think that investors should panic over Ruger’s drop in EBITDA and distributor orders. Going forward, I see the company gaining market share as its continues to release new products (which it has done so in the past). Volumes and profitability should recover and grow.
That being said, a huge contraction in the gun market or intense competition can hurt Ruger shareholders. I have no special insight into what will happen to the overall gun market.