Alert: New Earnings Report (7/31/24)-Rush Enterprises Inc (NASDAQ: RUSHA).

out_logo_500#39413.jpg

Rush Enterprises Inc (NASDAQ: RUSHA) has reported earnings for its second fiscal quarter (ending June 30) of $1.01 versus $1.80 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $3.88 versus $6.89 for the same period a year ago.

Recent Price Action

out_mm#39413.jpg
Rush Enterprises Inc (NASDAQ: RUSHA) stock closed at $51.01 on 7/31/24 after a slight decline of -0.4%. Moreover, trading volume in this decline was unusually high at 198% of normal. The stock has performed in line with the market over the last nine months and has risen 6.4% during the last week.

Current PriceTarget Research Rating

RUSHA is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Rush Enterprises has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Rush Enterprises has a neutral Power Rating of 60 and a slightly positive Appreciation Score of 64, producing the Positive Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*