NasdaqGS:RUSH.ATrade Distributors
Rush Enterprises (RUSH.A): Net Margin Decline Tests Bull Case as Earnings Growth Outpaces Market
Rush Enterprises (RUSH.A) saw its earnings grow at an average rate of 11.9% annually over the past five years, outpacing the broader market. Future profits are now forecast to rise 22.2% a year. Despite this momentum, net profit margins slipped to 3.6%, down from 3.9% last year. Revenue is projected to increase by just 3.3% per year, which trails the US market's 10.3% pace. Shares are currently trading at $50.24, well below the company’s estimated fair value of $127.47. The price-to-earnings...