Over the past three months, PACCAR Inc [PCAR] ended the trading day at $87.86 and exhibited a change of -2.14% with a 24 hour trading and reached upto the volume of 1.65M compared to its recorded trading volume of 0.62 million. PCAR generated a 1 year amount change with 33.65%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by 1.92% with an amount shift of 7.02% over the last month.
On 6, October 2020, PACCAR Recognized as a “Top Company for Women to Work for in Transportation”. According to news published on Yahoo Finance, PACCAR (Nasdaq: PCAR) Inc and several of its divisions – Peterbilt, Kenworth, PACCAR Parts and Dynacraft – were each honored as a 2020 “Top Company for Women to Work for in Transportation” by the Women in Trucking Association (WIT). Women in Trucking is a non-profit organization that encourages the employment and promotes the accomplishments of women in the trucking industry.
Analyst Birdseye View:
The most recent analyst activity for PACCAR Inc [NASDAQ:PCAR] stock was on September 23, 2020, when it was Initiated with a Mkt perform rating from Bernstein, which also raised its 12-month price target on the stock to $94. Before that, on October 13, 2020, JP Morgan Recapitulated a Neutral rating and elevated its amount target to $98. On July 29, 2020, Cowen Reiterated a Market perform rating and boosted its price target on this stock from $65 to $83. On July 01, 2020, Deutsche Bank Resumed a Buy rating and increased its price target to $91. On May 12, 2020, Piper Sandler Downgrade a Neutral rating and increased its price target to $73. On April 20, 2020, Citigroup Upgrade a Buy rating and boosted its amount target on this stock to $80. On April 03, 2020, Evercore ISI Upgrade an Outperform rating and boosted its target amount on this stock to $81. JP Morgan elevated its amount target by recapitulating a higher weight for this stock.
In the past 52 weeks of trading, this stock has oscillated between a low of $49.11 and a peak of $91.30. Right now, according to Wall Street analyst the average 12-month amount target is $91.61. At the most recent market close, shares of PACCAR Inc [NASDAQ:PCAR] were valued at $87.86. According to the average price forecast, investors can expect a potential return of 4.17%.
PACCAR Inc [NASDAQ:PCAR] most recently reported quarterly sales of 3.05 billion, which represented growth of -53.80%. This publicly-traded organization’s revenue is $948,922 per employee, while its income is $88,441 per employee. This company’s Gross Margin is currently 19.70%, its Operating Margin is 10.70%, its Pretax Margin is +12.10, and its Net Margin is +9.32. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 8.87, 26.10, 15.26 and 16.59 respectively.
The Principal structure of this organization shows its whole liability to whole principal at 53.71 and the whole liability to whole assets at 39.71. It shows enduring liability to the whole principal at 26.78 and enduring liability to assets at 0.20 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 89.18 points at 1st support level, the second support level is making up to 88.59. But as of 1st resistance point, this stock is sitting at 90.32 and at 90.86 for 2nd resistance point.
PACCAR Inc [PCAR] reported its earnings at $0.43 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.31/share signifying the difference of 0.12 and 38.70% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were $1.03 calling estimates for $1.2/share with the difference of -0.17 depicting the surprise of -14.20%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for PACCAR Inc [NASDAQ:PCAR] is 5.00. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.52. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.07, it’s amount to book ratio is 2.82 and showing 18.93 of P/E (TTM) ratio.
The most recent insider trade was by LEY ALMA LILY, Vice President, and it was the sale of 3314.0 shares on Jul 30. DANFORTH DAVID J, the VICE PRESIDENT, completed a sale of 1732.0 shares on Jul 24. On Jul 24, SKOOG JASON P, VICE PRESIDENT, completed a sale of 3882.0 shares.