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Sturm, Ruger & Co. Inc. (RGR), Devon Energy Corporation (DVN) & The Major Trenders Of Today

There’s been a bit of uncertainty following data on payroll and manufacturing today, so let’s take a look at some stocks that have caught the eyes of traders.

Sturm, Ruger & Company

One of them is Sturm, Ruger & Co. Inc. (NYSE:RGR). The company engages in design and manufacture of firearms. With the recent victory in the United States’ senate, where a gun-control bill failed, Sturm Ruger & Co. Inc. (NYSE:RGR) has announced strong financial results for the first quarter of 2013 on Monday. The company’s Earnings Per Share of $1.2 and revenues of $155.9 million exceed by far the expectations of Wall Street’s $0.19 mark, and $24.25 million revenue figure. Furthermore, the company has announced its interest in acquiring the rival Freedom Group, which is up for sale, although a deal is unlikely.  As a result, the stock is trading at $49.4, 3.65% lower than yesterday’s closing price of $51.27.

Another stock popular among traders today is Aspen Technology, Inc. (NASDAQ:AZPN). The company has announced its financial results for Q1 yesterday after market hours. EPS registered a massive 1300% increase compared to the year-earlier Q1 results, with the company announcing adjusted EPS of $0.14 and beating the $0.05 estimate of analysts. Aspen Technology, Inc. (NASDAQ:AZPN) has also reported revenues of $79.4 million, which beat Wall Street expectations of $73.1 million. The company has announced a new CEO, in the person of Antonio Pietri, who will take over from Mark Fusco starting October 1. Despite a positive financial result, the market has reacted negatively, with shares falling to $28.13 from yesterday’s closing price of $30.48.

Devon Energy Corporation (NYSE:DVN) is one of the companies that has caught the eye of the traders for the wrong reasons. The company announced a massive $1.3 billion loss, as a result of low prices for natural gas liquids and crude, according to Reuters. Still, Devon Energy Corporation (NYSE:DVN) reported EPS of $0.66, which beat the estimates of $0.56, and revenues of $1.97 billion, less than the expected $2.28 billion. The stock price rose 1.26% to $55.76.

In contrast to other stocks that are popular due to their recently released financial reports, Attunity, Ltd. (NASDAQ:ATTU), the provider of information availability software solutions, is to present its earnings report for the first quarter of 2013 tomorrow, before the U.S. markets open. The company is currently trading at $5.26 a share, a trailing Price to Earnings (P/E) ratio of 43.58 and trailing EPS of $0.12. The market seems not to be very optimistic about tomorrow’s report, with shares sliding 4.55% to $5.25 at 1:20 PM.

Another company that has caught the eye for its positive financial figures for the first quarter is IntercontinentalExchange, Inc. (NYSE:ICE). The financial services provider, which agreed to acquire NYSE Euronext for $8.2 billion,  announced earnings per share of $2.03, beating the Wall Street estimates of $1.97, and revenues of $351.9 million, again surpassing estimates of $348.26 million. This triggered an increase of 3.63% in the price of the stock to $168.84 by 1:30 PM.

Disclosure: none

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