Rush Enterprises (RUSHA) Set to Announce Earnings on Wednesday

Rush Enterprises (NASDAQ:RUSHA) is scheduled to be announcing its earnings results after the market closes on Wednesday, October 23rd. Analysts expect the company to announce earnings of $1.09 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Rush Enterprises (NASDAQ:RUSHA) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $1.10 EPS for the quarter, hitting the consensus estimate of $1.10. The firm had revenue of $1.54 billion during the quarter. Rush Enterprises had a return on equity of 15.38% and a net margin of 2.88%. On average, analysts expect Rush Enterprises to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Shares of Rush Enterprises stock opened at $41.41 on Tuesday. The company has a market cap of $1.46 billion, a PE ratio of 10.76, a price-to-earnings-growth ratio of 0.66 and a beta of 1.33. Rush Enterprises has a 52 week low of $31.53 and a 52 week high of $45.99. The business has a 50 day moving average price of $38.48 and a 200-day moving average price of $38.20. The company has a quick ratio of 0.22, a current ratio of 1.11 and a debt-to-equity ratio of 0.50.

Several analysts have recently commented on RUSHA shares. Zacks Investment Research downgraded Rush Enterprises from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 16th. ValuEngine downgraded Rush Enterprises from a “sell” rating to a “strong sell” rating in a research note on Thursday, October 10th. Finally, BidaskClub raised Rush Enterprises from a “hold” rating to a “buy” rating in a research note on Friday. Two analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $43.00.

About Rush Enterprises

Rush Enterprises, Inc, through its subsidiaries, operates as an integrated retailer of commercial vehicles and related services in the United States. 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, Mitsubishi Fuso, IC Bus, or Blue Bird; provides new and used commercial vehicles, and aftermarket parts, as well as service and repair, financing, and leasing and rental services; and offers property and casualty insurance, including collision and liability insurance on commercial vehicles, cargo insurance, and credit life insurance to its commercial vehicle customers.

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Earnings History for Rush Enterprises (NASDAQ:RUSHA)

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