Rush Enterprises Sets New 12-Month High at $37.49 (RUSHA)
Rush Enterprises (NASDAQ:RUSHA)’s share price hit a new 52-week high on Tuesday , American Banking & Market News reports. The company traded as high as $37.49 and last traded at $36.93, with a volume of 37,458 shares. The stock had previously closed at $36.67.
RUSHA has been the subject of a number of recent research reports. 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. 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. One research 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. Rush Enterprises currently has an average rating of “Hold” and an average price target of $35.38.
The stock has a 50-day moving average of $35.47 and a 200-day moving average of $33.02. The company has a market cap of $1.478 billion and a price-to-earnings ratio of 23.97.
Rush Enterprises (NASDAQ:RUSHA) last announced its earnings results on Tuesday, July 22nd. The company reported $0.49 earnings per share (EPS) for the quarter, beating the 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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