Rush Enterprises Inc. Class A Common Stock
Find Ratings ReportsRUSH ENTERPRISES INC's gross profit margin for the fourth quarter of its fiscal year 2023 has decreased when compared to the same period a year ago. Even though sales increased, the net income has decreased. RUSH ENTERPRISES INC has very weak liquidity. Currently, the Quick Ratio is 0.26 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity decreased from the same period a year ago, despite already having very weak liquidity to begin with. This would indicate deteriorating cash flow.
During the same period, stockholders' equity ("net worth") has increased by 7.24% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.
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Income Statement | Q4 FY23 | Q4 FY22 |
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Net Sales ($mil) | 2029.47 | 1882.94 |
EBITDA ($mil) | 175.87 | 189.2 |
EBIT ($mil) | 119.88 | 136.53 |
Net Income ($mil) | 78.05 | 98.33 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 183.73 | 201.04 |
Total Assets ($mil) | 4364.24 | 3821.07 |
Total Debt ($mil) | 1809.43 | 1435.36 |
Equity ($mil) | 1870.88 | 1744.49 |
Profitability | Q4 FY23 | Q4 FY22 |
---|---|---|
Gross Profit Margin | 21.04 | 22.55 |
EBITDA Margin | 8.66 | 10.04 |
Operating Margin | 5.91 | 7.25 |
Sales Turnover | 1.82 | 1.86 |
Return on Assets | 7.95 | 10.24 |
Return on Equity | 18.55 | 22.44 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 1.35 | 1.31 |
Debt/Capital | 0.49 | 0.45 |
Interest Expense | 16.28 | 8.46 |
Interest Coverage | 7.36 | 16.13 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 77.83 | 77.54 |
Div / share | 0.17 | 0.14 |
EPS | 0.95 | 1.16 |
Book value / share | 24.04 | 22.5 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 688194.0 | 283442.0 |
BUY. RUSH ENTERPRISES INC's P/E ratio indicates a significant discount compared to an average of 31.04 for the Motor Vehicle and Parts Dealers subsector and a significant discount compared to the S&P 500 average of 27.95. For additional comparison, its price-to-book ratio of 2.01 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 6.33. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. Upon assessment of these and other key valuation criteria, RUSH ENTERPRISES INC proves to trade at a discount to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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RUSHA 11.66 | Peers 31.04 | RUSHA 12.72 | Peers 17.67 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. RUSHA is trading at a significant discount to its peers. |
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. RUSHA is trading at a significant discount to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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RUSHA 13.81 | Peers 18.52 | RUSHA NM | Peers 2.06 | |||||||||||||||||||||
Average. An average price-to-projected earnings ratio can signify an subsector neutral stock price and average future growth expectations. RUSHA is trading at a valuation on par with its peers. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. RUSHA's negative PEG ratio makes this valuation measure meaningless. |
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Price/Book |
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Earnings Growth |
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RUSHA 2.01 | Peers 6.33 | RUSHA -9.27 | Peers 17.49 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. RUSHA is trading at a significant discount to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, RUSHA is expected to significantly trail its peers on the basis of its earnings growth rate |
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Price/Sales |
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Sales Growth |
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RUSHA 0.47 | Peers 2.45 | RUSHA 11.59 | Peers 13.22 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. RUSHA is trading at a significant discount to its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. RUSHA trails its peers on the basis of sales growth. |
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