Analysts See $0.39 EPS for Rush Enterprises, Inc. (RUSHA)

July 17, 2017 - By Marguerite Chambers

 Analysts See $0.39 EPS for Rush Enterprises, Inc. (RUSHA)

Wall Street await Rush Enterprises, Inc. (NASDAQ:RUSHA) to release earnings on July, 25. Analysts forecast EPS of $0.39, up exactly $0.11 or 39.29 % from 2014’s $0.28 EPS. The expected RUSHA’s profit could reach $15.26M giving the stock 23.92 P/E in the case that $0.39 earnings per share is reported. After posting $0.36 EPS for the previous quarter, Rush Enterprises, Inc.’s analysts now forecast 8.33 % EPS growth. About 53,720 shares traded. Rush Enterprises, Inc. (NASDAQ:RUSHA) has risen 80.92% since July 17, 2016 and is uptrending. It has outperformed by 64.22% the S&P500.

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

Among 11 analysts covering Rush Enterprises (NASDAQ:RUSHA), 2 have Buy rating, 0 Sell and 9 Hold. Therefore 18% are positive. Rush Enterprises had 17 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Rush Enterprises, Inc. (NASDAQ:RUSHA) earned “Sector Perform” rating by RBC Capital Markets on Thursday, February 11. The firm earned “Hold” rating on Thursday, July 6 by BMO Capital Markets. The stock of Rush Enterprises, Inc. (NASDAQ:RUSHA) has “Buy” rating given on Tuesday, May 10 by Bank of America. The firm has “Sector Perform” rating given on Thursday, January 7 by RBC Capital Markets. As per Tuesday, October 11, the company rating was initiated by Stifel Nicolaus. BB&T Capital downgraded Rush Enterprises, Inc. (NASDAQ:RUSHA) on Thursday, December 17 to “Hold” rating. CL King downgraded the shares of RUSHA in report on Thursday, February 11 to “Neutral” rating. Longbow downgraded the shares of RUSHA in report on Wednesday, January 6 to “Neutral” rating. On Thursday, February 11 the stock rating was downgraded by Raymond James to “Market Perform”. As per Friday, July 15, the company rating was downgraded by Stephens.

Rush Enterprises, Inc. is an integrated retailer of commercial vehicles and related services. The company has market cap of $1.46 billion. 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. It has a 28.68 P/E ratio. Through its Rush Truck Centers, it 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.

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