Stock Worth Watching: Rush Enterprises, Inc. Can’t Be More Safe. Trades Significantly Higher

Stock Worth Watching: Rush Enterprises, Inc. Can't Be More Safe. Trades Significantly Higher

The stock of Rush Enterprises, Inc. (NASDAQ:RUSHA) is a huge mover today! The stock increased 3.80% or $1.08 during the last trading session, hitting $29.5. About 370,819 shares traded hands or 84.13% up from the average. Rush Enterprises, Inc. (NASDAQ:RUSHA) has risen 58.06% since April 20, 2016 and is uptrending. It has outperformed by 53.51% the S&P500.
The move comes after 7 months positive chart setup for the $1.18B company. It was reported on Nov, 22 by We have $32.16 PT which if reached, will make NASDAQ:RUSHA worth $106.20 million more.

Rush Enterprises, Inc. (NASDAQ:RUSHA) Ratings Coverage

Out of 10 analysts covering Rush Enterprises (NASDAQ:RUSHA), 2 rate it a “Buy”, 0 “Sell”, while 8 “Hold”. This means 20% are positive. Rush Enterprises has been the topic of 15 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock has “Equal-Weight” rating given by Stephens on Friday, July 15. RBC Capital Markets maintained Rush Enterprises, Inc. (NASDAQ:RUSHA) rating on Thursday, February 11. RBC Capital Markets has “Sector Perform” rating and $17 price target. The firm has “Buy” rating by Bank of America given on Tuesday, May 10. As per Wednesday, January 6, the company rating was downgraded by Longbow. BB&T Capital downgraded Rush Enterprises, Inc. (NASDAQ:RUSHA) on Thursday, December 17 to “Hold” rating. The rating was downgraded by CL King on Thursday, February 11 to “Neutral”. Raymond James downgraded the shares of RUSHA in a report on Thursday, February 11 to “Market Perform” rating. The rating was initiated by Stifel Nicolaus with “Hold” on Tuesday, October 11. The firm earned “Sector Perform” rating on Thursday, January 7 by RBC Capital Markets.

According to Zacks Investment Research, “Rush Enterprises operates the largest network of Peterbilt heavy-duty truck dealerships in North America and John Deere construction equipment dealerships in Texas and Michigan. Their current operations include a network of dealerships located in Texas, California, Oklahoma, Louisiana, Colorado, Arizona, New Mexico and Michigan. These dealerships provide an integrated, one-stop source for the retail sale of new and used heavy-duty trucks and construction equipment; aftermarket parts, service and body shop facilities; and a wide array of financial services.”

More news for Rush Enterprises, Inc. (NASDAQ:RUSHA) were recently published by:, which released: “Rush Enterprises, Inc. Names Michael J. McRoberts as Chief Operating Officer” on July 08, 2016.‘s article titled: “Rush Enterprises, Inc. Reports Dealership Network Consolidation” and published on April 06, 2016 is yet another important article.

RUSHA Company Profile

Rush Enterprises, Inc. (Rush), incorporated on March 3, 1965, is a retailer of commercial vehicles and related services. The Firm operates through the Truck Segment, which includes its operation of a regional network of commercial vehicle dealerships under the name Rush Truck Centers. The Company, through its Rush Truck Centers, offers services, including retail sales of new and used commercial vehicles, aftermarket parts sales, service and repair facilities, financing, leasing and rental, and insurance products. It operates over 100 Rush Truck Centers in approximately 20 states. Rush Truck Centers primarily sell commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, Mitsubishi Fuso, IC Bus or Blue Bird.

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