Rush Enterprises (NASDAQ:RUSHA) Posts Quarterly Earnings Results

Rush Enterprises (NASDAQ:RUSHA) issued its quarterly earnings data on Tuesday. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.09, Zacks reports. Rush Enterprises had a return on equity of 15.43% and a net margin of 3.93%.

Rush Enterprises Price Performance

NASDAQ RUSHA traded up $0.70 during trading on Tuesday, reaching $61.17. The company’s stock had a trading volume of 293,727 shares, compared to its average volume of 282,736. The stock has a market capitalization of $4.83 billion, a PE ratio of 16.23, a P/E/G ratio of 2.41 and a beta of 1.02. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.40 and a quick ratio of 0.28. The firm has a fifty day moving average of $58.28 and a 200 day moving average of $55.86. Rush Enterprises has a one year low of $40.99 and a one year high of $65.15.

Analyst Ratings Changes

Separately, Stephens increased their target price on shares of Rush Enterprises from $66.00 to $69.00 and gave the stock an “overweight” rating in a research note on Friday, November 1st.

About Rush Enterprises

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.