Alert: Positive Investment/Fundamental Signals (4/9/24)-Rush Enterprises Inc (NASDAQ: RUSHA)

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Rush Enterprises Inc (NASDAQ: RUSHA) has recently enjoyed notable positive changes in fundamentals: the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

Rush Enterprises Inc (NASDAQ: RUSHA) has recently enjoyed meaningful positive changes in investment behavior: the stock’s recent price rise disrupted its longer term downtrend.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

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

Rush Enterprises has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Rush Enterprises has a slightly positive Appreciation Score of 60 and a good Power Rating of 83, resulting in the Positive Value Trend Rating.

Recent Price Action

Rush Enterprises Inc (NASDAQ: RUSHA) stock declined slightly by -0.3% on 4/9/24. The stock closed at $52.35. However, this decline was accompanied by below average trading volume at 76% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -1.2% during the last week.

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