The Rush Enterprises Inc (RUSHA) share price is expected to increase by 8.17% over the next year. This is based on calculating the average 12-month share price estimate provided by 2 stock analysts who have covered RUSHA. Price targets range from $65 at the low end to $69 at the high end. The current analyst consensus for RUSHA is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 2 Wall Street analysts have assignedRUSHA 2 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Rush Enterprises Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on RUSHA. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of RUSHA.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Daniel Imbro Stephens & Co. | Overweight | $69 | Maintains | Nov 1, 2024 |
Daniel Imbro Stephens & Co. | Overweight | Initiates | Jul 8, 2024 | |
Justin Long Stephens & Co. | Overweight | $60 | Reiterates | Apr 24, 2024 |
Justin Long Stephens & Co. | Overweight | $58 | Reiterates | Feb 14, 2024 |
Justin Long Stephens & Co. | Overweight | $78 | Maintains | Jul 27, 2023 |
Jamie Cook Credit Suisse | Neutral | $65 | Maintains | Jul 27, 2023 |
Jamie Cook Credit Suisse | Neutral | $63 | Reiterates | Jul 12, 2023 |
Justin Long Stephens & Co. | Overweight | $72 | Reiterates | Jun 2, 2023 |
John Joyner BMO Capital | Market Perform | $60 | Maintains | May 1, 2023 |
Justin Long Stephens & Co. | Overweight | $64 | Reiterates | Feb 16, 2023 |
Jamie Cook Credit Suisse | Neutral | $61 | Maintains | Jul 28, 2022 |
Jamie Cook Credit Suisse | Neutral | $60 | Maintains | Oct 22, 2021 |
Jamie Cook Credit Suisse | Neutral | $53 | Maintains | Jul 22, 2021 |
Joel Tiss BMO Capital | Market Perform | $53 | Maintains | Jul 22, 2021 |
BMO Capital | Market Perform | $50 | Maintains | Jul 24, 2020 |
Stephens & Co. | Overweight | $50 | Maintains | Feb 14, 2020 |
Buckingham Research | Buy | $47 | Maintains | Feb 14, 2020 |
Buckingham | Buy | Maintains | Feb 14, 2020 | |
Buckingham | Buy | Maintains | Jan 17, 2020 | |
Buckingham Research | Buy | $53 | Maintains | Jan 17, 2020 |
When did it IPO
2003
Staff Count
8,390
Country
United States
Sector/Industry
Consumer Cyclical/Auto & Truck Dealerships
CEO
Mr. W. Marvin Rush III
Market Cap
$4.79B
In 2023, RUSHA generated $7.93B in revenue, which was a increase of 11.59% from the previous year. This can be seen as a signal that RUSHA's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
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Summary - Rush Enterprises, Inc. announced a new stock repurchase program, authorizing up to $150 million for its Class A and Class B common stock.
Why It Matters - Rush Enterprises' $150 million stock repurchase program signals confidence in its financial health, potentially boosting share value and indicating strong future performance to investors.
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Why It Matters - Zacks' focus on earnings estimates and revisions signals potential stock performance, indicating investment opportunities based on value, growth, and momentum trends.
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Summary - Rush Enterprises (RUSHA) is being evaluated as a potential top stock pick for momentum investors. Further analysis is needed to determine its viability in this category.
Why It Matters - The inquiry into Rush Enterprises' potential as a momentum stock indicates possible shifts in market sentiment, influencing investor decisions and stock performance expectations.