Rush Enterprises, Inc., through its subsidiaries, operates as an integrated retailer of commercial vehicles and related services in the United States.
Adequate balance sheet and fair value.
Share Price & News
How has Rush Enterprises's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RUSH.B has not had significant price volatility in the past 3 months.
7 Day Return
US Trade Distributors
1 Year Return
US Trade Distributors
Return vs Industry: RUSH.B underperformed the US Trade Distributors industry which returned 9.9% over the past year.
Return vs Market: RUSH.B underperformed the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is Rush Enterprises's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 hours ago | Simply Wall StRush Enterprises, Inc. Just Released Its Yearly Earnings: Here's What Analysts Think
1 week ago | Simply Wall StKey Things To Consider Before Buying Rush Enterprises, Inc. (NASDAQ:RUSH.B) For Its Dividend
3 weeks ago | Simply Wall StThese 4 Measures Indicate That Rush Enterprises (NASDAQ:RUSH.B) Is Using Debt Extensively
Is Rush Enterprises undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: RUSH.B ($43.19) is trading above our estimate of fair value ($33.58)
Significantly Below Fair Value: RUSH.B is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: RUSH.B is good value based on its PE Ratio (11x) compared to the Trade Distributors industry average (16.6x).
PE vs Market: RUSH.B is good value based on its PE Ratio (11x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: RUSH.B's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: RUSH.B is good value based on its PB Ratio (1.3x) compared to the US Trade Distributors industry average (1.7x).
How is Rush Enterprises forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RUSH.B's earnings are forecast to decline over the next 3 years (-2% per year).
Earnings vs Market: RUSH.B's earnings are forecast to decline over the next 3 years (-2% per year).
High Growth Earnings: RUSH.B's earnings are forecast to decline over the next 3 years.
Revenue vs Market: RUSH.B's revenue is expected to decline over the next 3 years (-1.3% per year).
High Growth Revenue: RUSH.B's revenue is forecast to decline over the next 3 years (-1.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RUSH.B's Return on Equity is forecast to be low in 3 years time (9.8%).
How has Rush Enterprises performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RUSH.B has high quality earnings.
Growing Profit Margin: RUSH.B's current net profit margins (2.4%) are lower than last year (2.5%).
Past Earnings Growth Analysis
Earnings Trend: RUSH.B's earnings have grown significantly by 23.9% per year over the past 5 years.
Accelerating Growth: RUSH.B's earnings growth over the past year (1.8%) is below its 5-year average (23.9% per year).
Earnings vs Industry: RUSH.B earnings growth over the past year (1.8%) underperformed the Trade Distributors industry 3.5%.
Return on Equity
High ROE: RUSH.B's Return on Equity (12.2%) is considered low.
Return on Assets
Return on Capital Employed
How is Rush Enterprises's financial position?
Financial Position Analysis
Short Term Liabilities: RUSH.B's short term assets ($1.7B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: RUSH.B's short term assets ($1.7B) exceed its long term liabilities ($740.4M).
Debt to Equity History and Analysis
Debt Level: RUSH.B's debt to equity ratio (140.1%) is considered high.
Reducing Debt: RUSH.B's debt to equity ratio has reduced from 186.4% to 140.1% over the past 5 years.
Debt Coverage: RUSH.B's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: RUSH.B's interest payments on its debt are well covered by EBIT (7.5x coverage).
Inventory Level: RUSH.B has a high level of physical assets or inventory.
Debt Coverage by Assets: RUSH.B's debt is covered by short term assets (assets are 1.1x debt).
What is Rush Enterprises's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Purchase Rush Enterprises before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: RUSH.B's dividend (1.2%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: RUSH.B's dividend (1.2%) is low compared to the top 25% of dividend payers in the US market (3.69%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, RUSH.B has been paying a dividend for less than 10 years.
Growing Dividend: RUSH.B's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (12.5%), RUSH.B's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rusty Rush (59yo)
Mr. W. Marvin Rush III, also known as Rusty, serves as Chief Executive Officer of Rush Enterprises, Inc. since February 24, 2006 and President since November 1995. Mr. Rush serves as the President of Rush ...
CEO Compensation Analysis
Compensation vs Market: Rusty's total compensation ($USD7.29M) is above average for companies of similar size in the US market ($USD3.76M).
Compensation vs Earnings: Rusty's compensation has increased by more than 20% in the past year.
|Chairman of the Board||14.1yrs||US$7.29m||1.22% $18.9m|
|CFO & Treasurer||12.9yrs||US$1.61m||0.23% $3.6m|
|Chief Operating Officer||3.6yrs||US$1.90m||0.12% $1.9m|
|Senior Vice President of Truck Sales & Marketing||15.7yrs||US$1.53m||0.17% $2.7m|
|Executive Vice President||9.8yrs||US$1.61m||0.16% $2.4m|
|VP, General Counsel & Corporate Secretary||2.9yrs||no data||no data|
|Vice President of Marketing & Communications||9.5yrs||no data||no data|
|Senior Vice President of Finance||14yrs||no data||0.16% $2.5m|
|Senior Vice President of Peterbilt Dealerships||8.8yrs||no data||no data|
|Senior Vice President of Operations||2.9yrs||no data||no data|
Experienced Management: RUSH.B's management team is seasoned and experienced (9.7 years average tenure).
|Chairman of the Board||14.1yrs||US$7.29m||1.22% $18.9m|
|Independent Director||5.1yrs||US$210.00k||0.035% $541.5k|
|Independent Director||15.5yrs||US$229.97k||0.36% $5.6m|
|Independent Director||0.3yrs||no data||0.0029% $45.2k|
|Independent Director||12yrs||US$215.00k||0.078% $1.2m|
|Independent Director||5.1yrs||US$209.97k||0.056% $867.1k|
|Independent Director||6.1yrs||US$214.97k||0.047% $720.0k|
Experienced Board: RUSH.B's board of directors are considered experienced (6.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Rush Enterprises, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Rush Enterprises, Inc.
- Ticker: RUSH.B
- Exchange: NasdaqGS
- Founded: 1965
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: US$1.548b
- Shares outstanding: 36.19m
- Website: https://www.rushenterprises.com
Number of Employees
- Rush Enterprises, Inc.
- 555 IH 35 South
- Suite 500
- New Braunfels
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RUSH.B||NasdaqGS (Nasdaq Global Select)||Yes||Class B Shares||US||USD||Jun 1996|
|RUSH.A||NasdaqGS (Nasdaq Global Select)||Class A Shares||US||USD||Jul 2002|
|RUNA||DB (Deutsche Boerse AG)||Class A Shares||DE||EUR||Jul 2002|
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. The company also offers equipment installation and repair, parts installation, and paint and body repair services; new vehicle pre-delivery inspection, truck modification, and natural gas fuel system installation services; and body, chassis upfit, and component installation services, as well as sells tires for use on commercial vehicles. It serves regional and national truck fleets, corporations, local governments, and owner operators. The company operates a network of centers located in the states of Alabama, Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Missouri, Nevada, New Mexico, North Carolina, Ohio, Oklahoma, Tennessee, Texas, Utah, and Virginia. Rush Enterprises, Inc. was founded in 1965 and is headquartered in New Braunfels, Texas.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/16 23:44|
|End of Day Share Price||2020/02/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.