Rush Enterprises (NASDAQ:RUSHA – Get Free Report) released its quarterly earnings results on Tuesday. The company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.08, Zacks reports. Rush Enterprises had a return on equity of 18.44% and a net margin of 4.38%. The company had revenue of $1.87 billion during the quarter. During the same period in the previous year, the company posted $1.07 EPS.
Rush Enterprises Stock Performance
Shares of RUSHA opened at $49.23 on Wednesday. The firm has a market cap of $3.83 billion, a price-to-earnings ratio of 11.88, a price-to-earnings-growth ratio of 1.12 and a beta of 1.02. The company’s fifty day moving average is $49.42 and its 200-day moving average is $44.81. The company has a quick ratio of 0.27, a current ratio of 1.35 and a debt-to-equity ratio of 0.27. Rush Enterprises has a 12 month low of $33.37 and a 12 month high of $53.78.
Rush Enterprises Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 18th. Investors of record on Tuesday, February 27th were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend was Monday, February 26th. Rush Enterprises’s payout ratio is presently 16.41%.
Insider Buying and Selling
Wall Street Analysts Forecast Growth
RUSHA has been the topic of several research reports. StockNews.com cut Rush Enterprises from a “buy” rating to a “hold” rating in a report on Monday, January 1st. Stephens reaffirmed an “overweight” rating and set a $58.00 target price on shares of Rush Enterprises in a research report on Wednesday, February 14th.
Get Our Latest Stock Analysis on Rush Enterprises
Rush Enterprises Company Profile
Rush Enterprises, Inc, through its subsidiaries, operates as an integrated retailer of commercial vehicles and related services in the United States and Canada. 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, IC Bus, Blue Bird, and Dennis Eagle.
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