A number of research firms have changed their ratings and price targets for Rush Enterprises (NASDAQ: RUSHA):

  • 8/2/2017 – Rush Enterprises was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 8/1/2017 – Rush Enterprises had its price target raised by analysts at BMO Capital Markets from $30.00 to $42.00. They now have an “outperform” rating on the stock.
  • 7/29/2017 – Rush Enterprises was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $47.00 price target on the stock. According to Zacks, “Rush Enterprises operates the largest network of Peterbilt heavy-duty truck dealerships in North America and John Deere construction equipment dealerships in Texas and Michigan. Their current operations include a network of dealerships located in Texas, California, Oklahoma, Louisiana, Colorado, Arizona, New Mexico and Michigan. These dealerships provide an integrated, one-stop source for the retail sale of new and used heavy-duty trucks and construction equipment; aftermarket parts, service and body shop facilities; and a wide array of financial services. “
  • 7/28/2017 – Rush Enterprises had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $38.00 price target on the stock.
  • 7/19/2017 – Rush Enterprises was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 7/7/2017 – Rush Enterprises had its “hold” rating reaffirmed by analysts at BMO Capital Markets. They now have a $30.00 price target on the stock.
  • 7/6/2017 – Rush Enterprises was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 6/28/2017 – Rush Enterprises was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “Rush Enterprises operates the largest network of Peterbilt heavy-duty truck dealerships in North America and John Deere construction equipment dealerships in Texas and Michigan. Their current operations include a network of dealerships located in Texas, California, Oklahoma, Louisiana, Colorado, Arizona, New Mexico and Michigan. These dealerships provide an integrated, one-stop source for the retail sale of new and used heavy-duty trucks and construction equipment; aftermarket parts, service and body shop facilities; and a wide array of financial services. “
  • 6/27/2017 – Rush Enterprises was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $41.00 price target on the stock. According to Zacks, “Rush Enterprises operates the largest network of Peterbilt heavy-duty truck dealerships in North America and John Deere construction equipment dealerships in Texas and Michigan. Their current operations include a network of dealerships located in Texas, California, Oklahoma, Louisiana, Colorado, Arizona, New Mexico and Michigan. These dealerships provide an integrated, one-stop source for the retail sale of new and used heavy-duty trucks and construction equipment; aftermarket parts, service and body shop facilities; and a wide array of financial services. “
  • 6/16/2017 – Rush Enterprises was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.

Shares of Rush Enterprises, Inc. (NASDAQ RUSHA) opened at 41.52 on Monday. The stock has a market cap of $1.64 billion, a PE ratio of 26.21 and a beta of 1.19. The stock’s 50 day moving average price is $37.60 and its 200 day moving average price is $35.41. Rush Enterprises, Inc. has a 1-year low of $21.99 and a 1-year high of $43.55.

Rush Enterprises (NASDAQ:RUSHA) last released its quarterly earnings data on Wednesday, July 26th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.15. Rush Enterprises had a return on equity of 7.37% and a net margin of 1.46%. The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.07 billion. On average, equities research analysts anticipate that Rush Enterprises, Inc. will post $1.80 EPS for the current fiscal year.

Rush Enterprises, Inc is an integrated retailer of commercial vehicles and related services. The Company operates through the Truck Segment, which includes its operation of a regional network of commercial vehicle dealerships under the name Rush Truck Centers. Through its Rush Truck Centers, it offers services, including retail sales of new and used commercial vehicles, aftermarket parts sales, service and repair facilities, financing, leasing and rental, and insurance products.

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