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Shares of Rush Enterprises (NASDAQ:RUSHA) reached a new 52-week high during mid-day trading on Monday , ARN reports. The stock traded as high as $36.73 and last traded at $36.52, with a volume of 63,915 shares. The stock had previously closed at $36.04.

A number of analysts have recently weighed in on RUSHA shares. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Rush Enterprises in a research note on Thursday, July 24th. They now have a $41.00 price target on the stock, up previously from $39.00. Separately, analysts at Zacks upgraded shares of Rush Enterprises from a “neutral” rating to an “outperform” rating in a research note on Wednesday, July 23rd. They now have a $36.30 price target on the stock. Finally, analysts at TheStreet downgraded shares of Rush Enterprises from a “buy” rating to a “hold” rating in a research note on Tuesday, May 20th. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $35.38.

The stock has a 50-day moving average of $34.66 and a 200-day moving average of $32.13. The company has a market cap of $1.450 billion and a P/E ratio of 23.56.

Rush Enterprises (NASDAQ:RUSHA) last issued its quarterly earnings data on Tuesday, July 22nd. The company reported $0.49 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.42 by $0.07. The company had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.02 billion. On average, analysts predict that Rush Enterprises will post $1.83 earnings per share for the current fiscal year.

Rush Enterprises, Inc (NASDAQ:RUSHA) is an integrated retailer of commercial vehicles and related services.

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