For its third fiscal quarter (ending September 30), Rush Enterprises Inc (NASDAQ: RUSHA) has reported a 1% increase in E.P.S. from $0.99 a year ago to $1.00 in the current quarter. For the latest four quarters through September 30, E.P.S. were $3.89 compared to $4.49 a year ago — a decline of -13%.
Recent Price Action
On 10/29/24, Rush Enterprises Inc (NASDAQ: RUSHA) stock declined slightly by -0.8%, closing at $54.87. Moreover, exceptionally high trading volume at 202% of normal accompanied the decline. 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 C (High Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Rush Enterprises has a slightly positive Power Rating of 61 and a slightly positive Appreciation Score of 63, producing the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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