Rush Enterprises (RUSHA) Stock Price, News & Analysis

Company Overview

Rush Enterprises, Inc., through its subsidiaries, operates as an integrated retailer of commercial vehicles and related services in the United States and Canada. The company operates a network of commercial vehicle dealerships under the Rush Truck Centers name. Its Rush Truck Centers primarily sell commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, IC Bus, Blue Bird, and Dennis Eagle. The company also offers new and used commercial vehicles, and aftermarket parts, as well as service and repair, financing, and leasing and rental services; and offers property and casualty insurance, including collision and liability insurance on commercial vehicles, cargo insurance, and credit life insurance products. In addition, it provides equipment installation and repair, parts installation, and paint and body repair services; new vehicle pre-delivery inspection, truck modification, and natural gas fuel system installation services, body, chassis upfitting, and component installation services; and vehicle telematics products, as well as sells new and used trailers, and tires for use on commercial vehicles. The company serves regional and national fleets, corporations, local and state governments, and owner-operators. It operates a network of centers located in the states of Alabama, Arizona, Arkansas, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Missouri, Nevada, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, Tennessee, Texas, Utah, Virginia, and Ontario. Rush Enterprises, Inc. was incorporated in 1965 and is headquartered in New Braunfels, Texas.

Key Stats

• Today's Range: $58.60 to $60.12
• 50-Day Range: $47.72 to $64.58
• 52-Week Range: $38.10 to $65.15
• Volume: 298,994 shs
• Average Volume: 360,996 shs
• Market Capitalization: $4.66 billion
• P/E Ratio: 15.63
• Dividend Yield: 1.22%
• Price Target: $69.00
• Consensus Rating: Buy

Rush Enterprises Stock Analysis - MarketRank™

Rush Enterprises scored higher than 90% of companies evaluated by MarketBeat, and ranked 49th out of 216 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Rush Enterprises has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Rush Enterprises has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 18.26%

Earnings Growth

Earnings for Rush Enterprises are expected to grow by 18.26% in the coming year, from $3.45 to $4.08 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Rush Enterprises is 15.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.96.

Price to Earnings Ratio vs. Sector

The P/E ratio of Rush Enterprises is 15.63, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 117.05.

Price to Earnings Growth Ratio

Rush Enterprises has a PEG Ratio of 2.29. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Rush Enterprises has a P/B Ratio of 2.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.81% of the outstanding shares of Rush Enterprises have been sold short.

Short Interest Ratio / Days to Cover

Rush Enterprises has a short interest ratio ("days to cover") of 10.7, which indicates bearish sentiment.

Change versus previous month

Short interest in Rush Enterprises has recently increased by 9.83%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Rush Enterprises pays a meaningful dividend of 1.19%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Rush Enterprises does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Rush Enterprises is 19.10%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Rush Enterprises will have a dividend payout ratio of 17.65% next year. This indicates that Rush Enterprises will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.0 / 5
• Environmental Score: -4.70

Percentage of Shares Shorted

4.81% of the outstanding shares of Rush Enterprises have been sold short.

Short Interest Ratio / Days to Cover

Rush Enterprises has a short interest ratio ("days to cover") of 10.7, which indicates bearish sentiment.

Change versus previous month

Short interest in Rush Enterprises has recently increased by 9.83%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 1.02

News Sentiment

Rush Enterprises has a news sentiment score of 1.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Rush Enterprises this week, compared to 3 articles on an average week.

Search Interest

2 people have searched for RUSHA on MarketBeat in the last 30 days.

MarketBeat Follows

4 people have added Rush Enterprises to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Rush Enterprises insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $13,552,132.00 in company stock.

Percentage Held by Insiders

12.53% of the stock of Rush Enterprises is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

84.43% of the stock of Rush Enterprises is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RUSHA Stock Analysis - Frequently Asked Questions

How have RUSHA shares performed this year?

Rush Enterprises' stock was trading at $50.30 at the start of the year. Since then, RUSHA stock has increased by 17.2% and is now trading at $58.94.
View the best growth stocks for 2024 here.

How were Rush Enterprises' earnings last quarter?

Rush Enterprises, Inc. (NASDAQ:RUSHA) issued its quarterly earnings data on Tuesday, October, 29th. The company reported $0.97 earnings per share for the quarter, topping analysts' consensus estimates of $0.95 by $0.02. Rush Enterprises's revenue for the quarter was down 4.3% compared to the same quarter last year.

When did Rush Enterprises' stock split?

Rush Enterprises shares split before market open on Monday, August 28th 2023. The 3-2 split was announced on Tuesday, July 25th 2023. The newly minted shares were distributed to shareholders after the market closes on Friday, August 25th 2023. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

Does Rush Enterprises have any subsidiaries?

The following companies are subsidiaries of Rush Enterprises: Transwest Truck Center Las Vegas, Peterbilt of Las Vegas, Dallas Truck Center, Yancey Truck Centers, Effingham Truck Sales, North Florida Truck Parts, House of Trucks, and others.

Who are Rush Enterprises' major shareholders?

Rush Enterprises' top institutional shareholders include Wellington Management Group LLP (8.19%), FMR LLC (6.57%), State Street Corp (2.98%) and Geode Capital Management LLC (2.05%). Insiders that own company stock include William M Rusty Rush, Steven L Keller, Michael Mcroberts, Michael L Goldstone, Jody Pollard, Jason Wilder and Raymond Joseph Chess.
View institutional ownership trends.

How do I buy shares of Rush Enterprises?

Shares of RUSHA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Ex-Dividend for 9/10 Dividend: 8/13/2024
• Dividend Payable: 9/10/2024
• Last Earnings: 10/29/2024
• Ex-Dividend for 12/12 Dividend: 11/12/2024
• Today: 11/19/2024
• Dividend Payable: 12/12/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/11/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Automotive dealers & gasoline service stations
• Sub-Industry: Trading Companies & Distributors
• Current Symbol: NASDAQ:RUSHA
• CUSIP: 78184620
• CIK: 1012019
• Web: www.rushenterprises.com
• Phone: (830) 302-5200
• Fax: 830-626-5310
• Employees: 7,860
• Year Founded: 1965

Price Target and Rating

• Average Stock Price Target: $69.00
• High Stock Price Target: $69.00
• Low Stock Price Target: $69.00
• Potential Upside/Downside: +17.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.77
• Trailing P/E Ratio: 15.63
• Forward P/E Ratio: 17.08
• P/E Growth: 2.29
• Net Income: $347.05 million
• Net Margins: 3.93%
• Pretax Margin: 5.19%
• Return on Equity: 15.43%
• Return on Assets: 6.78%

Debt

• Debt-to-Equity Ratio: 0.23
• Current Ratio: 1.40
• Quick Ratio: 0.28

Sales & Book Value

• Annual Sales: $7.93 billion
• Price / Sales: 0.59
• Cash Flow: $7.09 per share
• Price / Cash Flow: 8.31
• Book Value: $24.29 per share
• Price / Book: 2.43

Miscellaneous

• Outstanding Shares: 79,030,000
• Free Float: 69,124,000
• Market Cap: $4.66 billion
• Optionable: Optionable
• Beta: 0.99