News headlines about Rush Enterprises (NASDAQ:RUSHA) have been trending somewhat positive on Sunday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Rush Enterprises earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.8363067501234 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern’s analysis:
RUSHA has been the topic of a number of research analyst reports. BidaskClub lowered Rush Enterprises from a “buy” rating to a “hold” rating in a report on Saturday, December 9th. ValuEngine cut Rush Enterprises from a “buy” rating to a “hold” rating in a research note on Wednesday, December 27th. Seaport Global Securities reissued a “buy” rating and issued a $62.00 price target on shares of Rush Enterprises in a research note on Wednesday, January 17th. Stifel Nicolaus reissued a “hold” rating and issued a $51.00 price target on shares of Rush Enterprises in a research note on Tuesday, January 23rd. Finally, Zacks Investment Research cut Rush Enterprises from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 6th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $51.80.
Rush Enterprises (RUSHA) opened at $43.83 on Friday. The firm has a market capitalization of $1,712.42, a PE ratio of 10.54, a P/E/G ratio of 1.00 and a beta of 1.28. Rush Enterprises has a 12 month low of $30.74 and a 12 month high of $55.40. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.17 and a quick ratio of 0.29.
Rush Enterprises (NASDAQ:RUSHA) last issued its quarterly earnings results on Wednesday, February 14th. The company reported $0.63 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.08. The firm had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.21 billion. Rush Enterprises had a return on equity of 10.00% and a net margin of 3.65%. analysts expect that Rush Enterprises will post 2.85 earnings per share for the current fiscal year.
Rush Enterprises declared that its Board of Directors has authorized a share buyback program on Thursday, November 30th that authorizes the company to repurchase $40.00 million in outstanding shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company’s management believes its stock is undervalued.
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About Rush Enterprises
Rush Enterprises, Inc is an integrated retailer of commercial vehicles and related services. The Company operates through the Truck Segment, which includes its operation of a regional network of commercial vehicle dealerships under the name Rush Truck Centers. 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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