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Rush Enterprises (Rush Enterprises) Momentum Rank : 6 (As of Apr. 30, 2024)


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What is Rush Enterprises Momentum Rank?

Rush Enterprises has the Momentum Rank of 6.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Rush Enterprises's Momentum Rank

For the Auto & Truck Dealerships subindustry, Rush Enterprises's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rush Enterprises's Momentum Rank Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Rush Enterprises's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Rush Enterprises's Momentum Rank falls into.



Rush Enterprises Momentum Rank Related Terms

Thank you for viewing the detailed overview of Rush Enterprises's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Rush Enterprises (Rush Enterprises) Business Description

Traded in Other Exchanges
Address
555 IH-35 South, Suite 500, New Braunfels, TX, USA, 78130
Rush Enterprises Inc is a full-service, integrated retailer of commercial vehicles and related services. The company operates in a single segment; Truck Segment includes the operation of a network of commercial vehicle dealerships under the name Rush Truck Centers. It sells commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, IC Bus, and Blue Bird and also provides one-stop service for the needs of commercial vehicle customers, including retail sales of new and used commercial vehicles, aftermarket parts sales, service and repair facilities, financing, leasing and rental, and insurance products. The company's business is concentrated in the United States commercial vehicle markets and related aftermarkets.
Executives
Rush William M Rusty officer: President & COO C/O RUSH ENTERPRISES INC, 555 IH 35 S., NEW BRAUFELS TX 78130
Steven L Keller officer: Vice President & CFO C/O RUSH ENTERPRISES, INC., P. O. BOX 34630, SAN ANTONIO TX 78265
Amy Boerger director 2002 W WAHALLA LANE, PHOENIX AZ 85027
Jody Pollard officer: Senior Vice President 555 IH 35 SOUTH, SUITE 500, NEW BRAUNFELS TX 78130
Michael L Goldstone officer: VP, General Counsel & CS 555 IH 35 SOUTH, SUITE 500, NEW BRAUNFELS TX 78130
Scott T Anderson officer: VP Finance & Insurance C/O RUSH ENTERPRISES, INC., P. O. BOX 34630, SAN ANTONIO TX 78265
Michael Mcroberts officer: Senior Vice President P. O. BOX 34630, SAN ANTONIO TX 78265
Raymond Joseph Chess director 1084 ANDANTE CT, OXFORD MI 48370
Derrek Weaver officer: VP, Chief Compliance Officer, General Counsel C/O RUSH ENTERPRISES, INC., P. O. BOX 34630, SAN ANTONIO TX 78265
Troy A Clarke director C/O FUEL SYSTEMS SOLUTIONS, INC., 780 THIRD AVE. 25TH FLOOR, NEW YORK NY 10017
James E Thor officer: Senior V.P. of Retail Sales C/O RUSH ENTERPRISES, INC., P. O. BOX 34630, SAN ANTONIO TX 78265
James C Underwood director C/O RUSH ENTERPRISES, INC., P. O. BOX 34630, SAN ANTONIO TX 78265
Elaine Mendoza director 2223 POSTOAK COURT, SAN ANTONIO TX 78248
Richard J Ryan officer: S.V.P. Navistar Dealerships C/O RUSH ENTERPRISES, INC., P. O. BOX 34630, SAN ANTONIO TX 78265
Thomas A Akin director C/O RUSH ENTERPRISES, INC., P. O. BOX 34630, SAN ANTONIO TX 78265