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Rush Enterprises B (RUSHB)
:RUSHB
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Rush Enterprises B
(NASDAQ:RUSHB)
75Outperform
Rush Enterprises B (RUSHB) vs. S&P 500 (SPY)
Market Cap
$4.16B
Dividend Yield1.26%
Average Volume (3M)38.03K
Price to Earnings (P/E)15.2
Beta (1Y)0.95
Revenue Growth-1.29%
EPS Growth-9.44%
CountryUS
Employees7,827
SectorConsumer Cyclical
Sector Strength59
IndustryAuto - Dealerships
Share Statistics
EPS (TTM)3.58
Shares Outstanding17,710,129
10 Day Avg. Volume35,327
30 Day Avg. Volume38,030
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.00
Price to Cash Flow (P/CF)0.00
P/FCF Ratio0.00
Enterprise Value/Market Cap1.48
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit4.03
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Rush Enterprises B Business Overview & Revenue Model
Company DescriptionRush 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. The company also 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. In addition, it provides 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; body, chassis upfitting, and component installation services, as well as sells tires for use on commercial vehicles, new and used trailers, and vehicle telematics products; and manufactures compressed natural gas fuel systems and related component parts for commercial vehicles. The company serves regional and national fleets, corporations, local and state governments, and owner operators. It operates a network of centers located in the states of Alabama, Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Missouri, Nevada, Nebraska, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, Tennessee, Texas, Utah, and Virginia. Rush Enterprises, Inc. was incorporated in 1965 and is headquartered in New Braunfels, Texas.
How the Company Makes MoneyRush Enterprises makes money through several key revenue streams. The primary source of income is the sale of new and used commercial vehicles, which constitutes a significant portion of the company's revenue. Additionally, Rush Enterprises generates revenue through the sale of aftermarket parts and service, providing maintenance and repair services for a variety of commercial vehicle brands. The company also offers leasing and rental services, providing flexible options for businesses to manage their fleets. Financial services, including financing and insurance products, enhance the company's revenue portfolio. Strategic partnerships with major truck manufacturers and a strong presence in the commercial transportation market further contribute to Rush Enterprises' earnings.
Rush Enterprises B Financial Statement Overview
Summary
Rush Enterprises B shows solid financial health with consistent revenue growth, strong cash flows, and a stable balance sheet. However, challenges with declining net profit margins and increasing debt levels present some risks.Income Statement
Rush Enterprises B has shown consistent revenue growth from 2020 to 2023, albeit with a slight decline in 2024. The gross profit margin has been relatively stable around 20%, indicating strong cost management. However, net profit margins have decreased from 2022 to 2024, reflecting higher operating expenses or other cost pressures. EBIT and EBITDA margins have remained healthy, supporting overall profitability.78
Positive
Balance Sheet
The company's balance sheet reflects a moderate debt-to-equity ratio, indicating a balanced approach to leverage. Return on equity has been strong, although it declined slightly in 2024. The equity ratio shows a solid equity base compared to total assets, suggesting financial stability. However, the increase in total debt over the years could pose a risk if not managed carefully.72
Positive
Cash Flow
Cash flow analysis reveals strong operating cash flow, especially in 2024, indicating robust core business operations. Free cash flow has also improved significantly from negative in 2023 to positive in 2024, enhancing financial flexibility. The operating cash flow to net income ratio is strong, but free cash flow to net income fluctuated, suggesting variability in capital expenditures.81
Very Positive
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 7.80B | 7.93B | 7.10B | 5.13B | 4.74B | Gross Profit |
| 1.53B | 1.59B | 1.49B | 1.09B | 875.47M | EBIT |
| 468.09M | 512.38M | 506.11M | 309.04M | 154.60M | EBITDA |
| 705.94M | 736.90M | 702.81M | 477.10M | 330.10M | Net Income Common Stockholders |
| 304.15M | 347.06M | 391.38M | 241.41M | 114.89M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 228.13M | 183.72M | 201.04M | 148.15M | 312.05M | Total Assets |
| 4.62B | 4.36B | 3.82B | 3.12B | 2.99B | Total Debt |
| 1.73B | 1.81B | 1.44B | 1.15B | 1.22B | Net Debt |
| 1.51B | 1.63B | 1.23B | 1.00B | 907.86M | Total Liabilities |
| 2.46B | 2.47B | 2.06B | 1.65B | 1.72B | Stockholders Equity |
| 2.14B | 1.87B | 1.74B | 1.47B | 1.27B |
| Cash Flow | Free Cash Flow | |||
| 619.55M | -73.17M | 51.34M | 255.17M | 626.78M | Operating Cash Flow |
| 619.55M | 295.71M | 294.40M | 422.35M | 762.98M | Investing Cash Flow |
| -445.58M | -387.03M | -240.93M | -432.90M | -127.46M | Financing Cash Flow |
| -129.32M | 73.96M | -690.00K | -153.34M | -505.10M |
Rush Enterprises B Technical Analysis
Neutral
56.42
Price Trends
56.10
Positive
55.82
Positive
51.91
Positive
Market Momentum
0.36
Positive
47.44
Neutral
32.47
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RUSHB, the sentiment is Neutral. The current price of 56.42 is below the 20-day moving average (MA) of 57.00, above the 50-day MA of 56.10, and above the 200-day MA of 51.91, indicating a neutral trend. The MACD of 0.36 indicates Positive momentum. The RSI at 47.44 is Neutral, neither overbought nor oversold. The STOCH value of 32.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for RUSHB.
Rush Enterprises B Risk Analysis
Rush Enterprises B disclosed 24 risk factors in its most recent earnings report. Rush Enterprises B reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Rush Enterprises B Peers Comparison
Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $4.16B | 15.18 | 14.28% | 1.26% | -1.29% | -9.44% | |
74 Outperform | $6.49B | 9.75 | 28.45% | ― | -0.24% | -19.76% | |
74 Outperform | $4.37B | 10.58 | 11.92% | ― | 11.11% | -23.41% | |
73 Outperform | $5.33B | 11.61 | 16.25% | 0.46% | 15.13% | -15.91% | |
70 Outperform | $4.16B | 13.60 | 14.28% | 1.40% | -1.29% | -9.44% | |
68 Neutral | $2.13B | 8.95 | 24.52% | 2.07% | 1.59% | 43.91% | |
61 Neutral | $6.65B | 11.71 | 3.09% | 3.98% | 2.65% | -20.82% |
* Consumer Cyclical Sector Average
Performance Comparison
RUSHB
Rush Enterprises B
56.42
15.08
36.48%
ABG
Asbury
222.33
0.73
0.33%
AN
AutoNation
176.76
10.32
6.20%
GPI
Group 1 Automotive
412.43
113.58
38.01%
RUSHA
Rush Enterprises A
50.55
6.93
15.89%
SAH
Sonic Automotive
62.74
6.25
11.06%
Rush Enterprises B Earnings Call Summary
Earnings Call Date:Apr 30, 2025
(Q1-2025)
| % Change Since: -2.46%|
Next Earnings Date:Jul 29, 2025
Earnings Call Sentiment Neutral
The earnings call presented a mixed picture with strong financial performance and strategic outperformance in certain segments, but significant challenges and uncertainties in the broader market environment and specific business areas.Q1-2025 Updates
Positive Updates
Strong Revenue and Net Income
Rush Enterprises achieved revenues of $1.85 billion and net income of $60.3 million or $0.73 per diluted share in Q1 2025.
Dividend Declaration
The Board of Directors declared a cash dividend of $0.18 per common share for the quarter.
Outperformance in Medium Duty Truck Sales
Despite a declining market, Rush Enterprises outperformed with steady Class 4 through 7 sales, increasing market share to 5.6% in the U.S. and 3.1% in Canada.
Sequential Growth in Used Truck Sales
Used truck sales experienced a sequential growth from the fourth quarter, with 1,769 units sold in Q1.
Solid Leasing and Rental Performance
Leasing and rental revenue increased by 2.3% compared to Q1 2024, totaling $90 million for the quarter.
Negative Updates
Challenging Business Environment
The industry continues to struggle with a freight recession, economic uncertainty, and concerns around U.S. trade policies and tariffs.
Decline in Parts, Service, and Body Shop Revenues
Aftermarket revenues were $619 million, down 4.6% compared to last year.
Class 8 Truck Sales Decline
Class 8 new truck sales were down 7.8%, with 3,222 units sold, compared to a 9% decline in the broader market.
Lower Utilization Rates in Rental Segment
Rental revenue was slightly down year-over-year due to lower utilization rates.
Market Uncertainty and Economic Concerns
Ongoing concerns about tariffs and emission regulations create uncertainty for the second half of the year, affecting purchasing decisions.
Company Guidance
During Rush Enterprises, Inc.'s first quarter 2025 earnings call, CEO Rusty Rush highlighted several key financial metrics and market conditions impacting the business. The company achieved revenues of $1.85 billion and net income of $60.3 million, equating to $0.73 per diluted share. Rush Enterprises declared a cash dividend of $0.18 per common share for the quarter. Despite a challenging business environment marked by a freight recession and economic uncertainties, the company outperformed the market in Class 4 through 7 sales, achieving a 5.6% market share in the U.S. and 3.1% in Canada. Used truck sales totaled 1,769 units, down 2.7% from 2021 levels. Aftermarket revenues from parts, service, and body shop were $619 million, reflecting a 4.6% decrease from the previous year, yet the absorption ratio remained robust at 128.6%. Looking forward, Rush anticipates slight improvements in Class 8 sales and aftermarket revenues in Q2, despite ongoing supply chain challenges and tariff uncertainties.Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.