Rush Enterprises Inc. (NASDAQ:RUSHA) fell 4.1% on Friday . The stock traded as low as $21.79 and last traded at $22.14, with a volume of 146,261 shares changing hands. The stock had previously closed at $23.09.

Several research firms recently weighed in on RUSHA. Stephens downgraded Rush Enterprises from an “overweight” rating to an “equal weight” rating in a report on Friday. Zacks Investment Research raised Rush Enterprises from a “sell” rating to a “hold” rating in a report on Wednesday. Longbow Research lowered Rush Enterprises from a “buy” rating to a “neutral” rating in a research report on Wednesday, June 1st. Finally, Bank of America Corp. reaffirmed a “buy” rating on shares of Rush Enterprises in a research report on Tuesday, May 24th. Eight research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $22.00.

The firm has a market capitalization of $900.22 million and a PE ratio of 17.59. The firm has a 50-day moving average of $21.87 and a 200-day moving average of $19.34.

Rush Enterprises (NASDAQ:RUSHA) last released its quarterly earnings results on Wednesday, April 20th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.18 by $0.12. On average, equities research analysts predict that Rush Enterprises Inc. will post $1.04 earnings per share for the current year.

Several hedge funds and institutional investors have recently added to or reduced their stakes in RUSHA. Dimensional Fund Advisors LP boosted its position in Rush Enterprises by 0.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,573,485 shares of the company’s stock valued at $56,334,000 after buying an additional 8,000 shares during the last quarter. Magnolia Group LLC bought a new position in shares of Rush Enterprises during the fourth quarter valued at about $10,975,000. Cooke & Bieler LP bought a new position in shares of Rush Enterprises during the fourth quarter valued at about $2,755,000. Bank of Montreal Can raised its position in shares of Rush Enterprises by 11.0% in the fourth quarter. Bank of Montreal Can now owns 91,264 shares of the company’s stock valued at $1,998,000 after buying an additional 9,047 shares during the period. Finally, Russell Frank Co raised its position in shares of Rush Enterprises by 13.6% in the fourth quarter. Russell Frank Co now owns 69,110 shares of the company’s stock valued at $1,524,000 after buying an additional 8,288 shares during the period.

Rush Enterprises, Inc (Rush) is a retailer of commercial vehicles and related services. The Company operates a network of commercial vehicle dealerships under the name Rush Truck Centers. Rush Truck Centers primarily sell commercial vehicles manufactured by Peterbilt, International, Hino, among others.

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