Rush Enterprises (RUSHA) Set to Announce Quarterly Earnings on Tuesday
Rush Enterprises (NASDAQ:RUSHA) is set to issue its Q313 quarterly earnings data on Tuesday, October 22nd. Analysts expect the company to announce earnings of $0.35 per share and revenue of $815.02 million for the quarter.
Rush Enterprises (NASDAQ:RUSHA) last announced its earnings results on Tuesday, July 23rd. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by $0.12. The company had revenue of $789.70 million for the quarter, compared to the consensus estimate of $824.98 million.
Rush Enterprises (NASDAQ:RUSHA) traded up 0.73% during mid-day trading on Monday, hitting $29.05. 57,182 shares of the company’s stock traded hands. Rush Enterprises has a 1-year low of $15.98 and a 1-year high of $28.99. The stock’s 50-day moving average is $26.82 and its 200-day moving average is $25.48. The company has a market cap of $1.148 billion and a price-to-earnings ratio of 24.07.
A number of research firms have recently commented on RUSHA. Analysts at Zacks upgraded shares of Rush Enterprises from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, October 1st. They now have a $27.20 price target on the stock. On the ratings front, analysts at Raymond James downgraded shares of Rush Enterprises from an “outperform” rating to a “market perform” rating in a research note to investors on Wednesday, September 11th. They now have a $27.00 price target on the stock. Finally, analysts at Longbow Research initiated coverage on shares of Rush Enterprises in a research note to investors on Friday, September 6th. They set a “buy” rating on the stock. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Rush Enterprises currently has a consensus rating of “Hold” and a consensus price target of $26.53.
Rush Enterprises, Inc (NASDAQ:RUSHA) is an integrated retailer of commercial vehicles and related services.
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