Rush Enterprises (RUSHB) Rating Lowered to Sell at ValuEngine
Rush Enterprises (NASDAQ:RUSHB) was downgraded by equities researchers at ValuEngine from a “hold” rating to a “sell” rating in a report released on Thursday.
Shares of RUSHB opened at $41.02 on Thursday. The stock has a market cap of $1.67 billion, a PE ratio of 14.35 and a beta of 1.12. Rush Enterprises has a 1 year low of $36.61 and a 1 year high of $52.76. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.29 and a current ratio of 1.15.
Rush Enterprises (NASDAQ:RUSHB) last issued its quarterly earnings results on Tuesday, July 24th. The company reported $0.92 earnings per share (EPS) for the quarter. The business had revenue of $1.35 billion for the quarter. Rush Enterprises had a net margin of 3.68% and a return on equity of 12.17%.
About Rush Enterprises
Rush Enterprises, Inc, through its subsidiaries, operates as an integrated retailer of commercial vehicles and related services in the United States. The company operates a network of commercial vehicle dealerships under the Rush Truck Centers name. Its Rush Truck Centers primarily sell commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, Mitsubishi Fuso, IC Bus, or Blue Bird; provides new and used commercial vehicles, and aftermarket parts, as well as service and repair, financing, and leasing and rental services; and offers property and casualty insurance, including collision and liability insurance on commercial vehicles, cargo insurance, and credit life insurance to its commercial vehicle customers.
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