Last Updated: 17 Sep 2024
Executive Summary
Rush Enterprises A Inc. (RUSHA) is a leading retailer of commercial vehicles and related services in the United States. The company has a strong financial position with a market capitalization of $3.95 billion, an EBITDA of $703.17 million, and a trailing PE ratio of 13.53. Rush Enterprises is expected to continue to perform well in the future, with analysts forecasting a target price of $61.50.
Company Overview
Rush Enterprises was founded in 1955 and is headquartered in New Braunfels, Texas. The company operates a network of over 100 dealerships in 23 states. Rush Enterprises sells a variety of commercial vehicles, including trucks, buses, and trailers. The company also provides a range of services, such as financing, insurance, and maintenance.
Fundamental Analysis
Rush Enterprises has a strong financial position. The company has a low debt-to-equity ratio of 0.36 and a strong cash flow. Rush Enterprises is also profitable, with a net income margin of 3.9%. The company's revenue has grown steadily in recent years, and analysts expect this trend to continue in the future.
Technical Analysis
The technical analysis of Rush Enterprises' stock price shows that the stock is in a bullish trend. The stock price has been trading above its 50-day and 200-day moving averages. The relative strength index (RSI) is also above 50, which indicates that the stock is overbought.
Short Term Outlook
In the short term, Rush Enterprises' stock price is expected to continue to rise. The company is benefiting from the strong demand for commercial vehicles. Rush Enterprises is also expected to benefit from the recent tax cuts, which will lower the company's tax liability.
Long Term Outlook
In the long term, Rush Enterprises is expected to continue to perform well. The company is well-positioned to benefit from the growing demand for commercial vehicles. Rush Enterprises is also expected to benefit from the company's strong financial position and its experienced management team.
Analyst Recommendations
Analysts are bullish on Rush Enterprises. The consensus rating for the stock is "buy." Analysts have a target price of $61.50 for the stock, which represents a potential upside of 21.5% from the current price.
