company background image
RUSH

Rush EnterprisesNasdaqGS:RUSH.B Stock Report

Last Price

US$50.89

Market Cap

US$3.0b

7D

-6.6%

1Y

17.8%

Updated

21 Jan, 2022

Data

Company Financials +
RUSH.B fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends2/6

RUSH.B Stock Overview

Rush Enterprises, Inc., through its subsidiaries, operates as an integrated retailer of commercial vehicles and related services in the United States.

Rush Enterprises Competitors

AB Volvo

OM:VOLV B

kr438.3b

PACCAR

NasdaqGS:PCAR

US$31.8b

Price History & Performance

Summary of all time highs, changes and price drops for Rush Enterprises
Historical stock prices
Current Share PriceUS$50.89
52 Week HighUS$58.01
52 Week LowUS$36.20
Beta1.23
1 Month Change-0.74%
3 Month Change-4.68%
1 Year Change17.83%
3 Year Change94.48%
5 Year Change143.96%
Change since IPO717.88%

Recent News & Updates

Jan 16
These 4 Measures Indicate That Rush Enterprises (NASDAQ:RUSH.B) Is Using Debt Safely

These 4 Measures Indicate That Rush Enterprises (NASDAQ:RUSH.B) Is Using Debt Safely

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Dec 16
Rush Enterprises' (NASDAQ:RUSH.B) Returns On Capital Are Heading Higher

Rush Enterprises' (NASDAQ:RUSH.B) Returns On Capital Are Heading Higher

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...

Dec 01
Is Now An Opportune Moment To Examine Rush Enterprises, Inc. (NASDAQ:RUSH.B)?

Is Now An Opportune Moment To Examine Rush Enterprises, Inc. (NASDAQ:RUSH.B)?

While Rush Enterprises, Inc. ( NASDAQ:RUSH.B ) might not be the most widely known stock at the moment, it saw a...

Shareholder Returns

RUSH.BUS Trade DistributorsUS Market
7D-6.6%-6.1%-6.1%
1Y17.8%22.1%4.2%

Return vs Industry: RUSH.B underperformed the US Trade Distributors industry which returned 23.7% over the past year.

Return vs Market: RUSH.B exceeded the US Market which returned 6.6% over the past year.

Price Volatility

Is RUSH.B's price volatile compared to industry and market?
RUSH.B volatility
RUSH.B Average Weekly Movement4.9%
Trade Distributors Industry Average Movement5.9%
Market Average Movement6.7%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.4%

Stable Share Price: RUSH.B is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: RUSH.B's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19656,276Rusty Rushhttps://www.rushenterprises.com

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, 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.

Rush Enterprises Fundamentals Summary

How do Rush Enterprises's earnings and revenue compare to its market cap?
RUSH.B fundamental statistics
Market CapUS$2.95b
Earnings (TTM)US$213.80m
Revenue (TTM)US$5.08b

13.2x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RUSH.B income statement (TTM)
RevenueUS$5.08b
Cost of RevenueUS$4.04b
Gross ProfitUS$1.04b
ExpensesUS$824.93m
EarningsUS$213.80m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.85
Gross Margin20.44%
Net Profit Margin4.21%
Debt/Equity Ratio51.5%

How did RUSH.B perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

18%

Payout Ratio

Valuation

Is Rush Enterprises undervalued compared to its fair value and its price relative to the market?

13.22x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RUSH.B ($50.89) is trading above our estimate of fair value ($39.74)

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 (13.2x) compared to the US Trade Distributors industry average (19.8x).

PE vs Market: RUSH.B is good value based on its PE Ratio (13.2x) compared to the US market (16.7x).


Price to Earnings Growth Ratio

PEG Ratio: RUSH.B is poor value based on its PEG Ratio (2.3x)


Price to Book Ratio

PB vs Industry: RUSH.B is good value based on its PB Ratio (2x) compared to the US Trade Distributors industry average (2.4x).


Future Growth

How is Rush Enterprises forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

5.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RUSH.B's forecast earnings growth (5.9% per year) is above the savings rate (2%).

Earnings vs Market: RUSH.B's earnings (5.9% per year) are forecast to grow slower than the US market (13.1% per year).

High Growth Earnings: RUSH.B's earnings are forecast to grow, but not significantly.

Revenue vs Market: RUSH.B's revenue (9.8% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: RUSH.B's revenue (9.8% per year) is forecast to grow slower than 20% 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 (14.5%).


Past Performance

How has Rush Enterprises performed over the past 5 years?

13.6%

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 (4.2%) are higher than last year (2%).


Past Earnings Growth Analysis

Earnings Trend: RUSH.B's earnings have grown by 13.6% per year over the past 5 years.

Accelerating Growth: RUSH.B's earnings growth over the past year (119%) exceeds its 5-year average (13.6% per year).

Earnings vs Industry: RUSH.B earnings growth over the past year (119%) exceeded the Trade Distributors industry 82.1%.


Return on Equity

High ROE: RUSH.B's Return on Equity (15.1%) is considered low.


Financial Health

How is Rush Enterprises's financial position?


Financial Position Analysis

Short Term Liabilities: RUSH.B's short term assets ($1.2B) exceed its short term liabilities ($772.7M).

Long Term Liabilities: RUSH.B's short term assets ($1.2B) exceed its long term liabilities ($591.8M).


Debt to Equity History and Analysis

Debt Level: RUSH.B's net debt to equity ratio (33.2%) is considered satisfactory.

Reducing Debt: RUSH.B's debt to equity ratio has reduced from 156.8% to 51.5% over the past 5 years.

Debt Coverage: RUSH.B's debt is well covered by operating cash flow (83.9%).

Interest Coverage: RUSH.B's interest payments on its debt are well covered by EBIT (175.3x coverage).


Balance Sheet


Dividend

What is Rush Enterprises's current dividend yield, its reliability and sustainability?

1.49%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: RUSH.B's dividend (1.49%) is higher than the bottom 25% of dividend payers in the US market (1.36%).

High Dividend: RUSH.B's dividend (1.49%) is low compared to the top 25% of dividend payers in the US market (3.55%).


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 3 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (18%), RUSH.B's dividend payments are well 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

11.0yrs

Average management tenure


CEO

Rusty Rush (62 yo)

27yrs

Tenure

US$6,206,115

Compensation

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 ($USD6.21M) is about average for companies of similar size in the US market ($USD5.23M).

Compensation vs Earnings: Rusty's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: RUSH.B's management team is seasoned and experienced (11 years average tenure).


Board Members

Experienced Board: RUSH.B's board of directors are considered experienced (7.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: RUSH.B insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Rush Enterprises, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Rush Enterprises, Inc.
  • Ticker: RUSH.B
  • Exchange: NasdaqGS
  • Founded: 1965
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Implied Market Cap: US$2.955b
  • Shares outstanding: 55.54m
  • Website: https://www.rushenterprises.com

Number of Employees


Location

  • Rush Enterprises, Inc.
  • 555 IH 35 South
  • Suite 500
  • New Braunfels
  • Texas
  • 78130
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 23:38
End of Day Share Price2022/01/21 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.