Paccar Inc. [PCAR] stock is trading at $115.21, down -0.66%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PCAR shares have gain 0.77% over the last week, with a monthly amount glided 9.53%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 14, March 2024, PACCAR Recognizes Top Performing Suppliers in North America. In a post published today on Yahoo Finance, PACCAR utilizes its comprehensive Supplier Performance Management Program (SPM) to evaluate supplier achievements in the areas of product development, operations and aftermarket support, and alignment with PACCAR’s key business objectives.
From an analyst’s perspective:
Paccar Inc. [NASDAQ: PCAR] stock has seen the most recent analyst activity on March 14, 2024, when Truist initiated its Hold rating and assigned the stock a price target of $117. Previously, TD Cowen reaffirmed its Market Perform rating on January 24, 2024, and elevated its price target to $108. On January 19, 2024, upgrade upgraded it’s rating to Neutral and revised its price target to $97 on the stock. Morgan Stanley started tracking the stock assigning a Overweight rating and suggested a price target of $125 on January 08, 2024. Deutsche Bank upgraded its rating to a Buy and raised its price target to $115 on October 25, 2023. Jefferies upgraded its rating to Buy for this stock on July 17, 2023, and upped its price target to $115. In a note dated May 02, 2023, Argus downgraded an Hold rating on this stock.
Paccar Inc. [PCAR] stock has fluctuated between $65.28 and $116.88 over the past year. Currently, Wall Street analysts expect the stock to reach $52.99 within the next 12 months. Paccar Inc. [NASDAQ: PCAR] shares were valued at $115.21 at the most recent close of the market. An investor can expect a potential drop of -54.01% based on the average PCAR price forecast.
Analyzing the PCAR fundamentals
Paccar Inc. [NASDAQ:PCAR] reported sales of 35.16B for the trailing twelve months, which represents a growth of 11.70%. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.3 and Total Capital is 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.91.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 113.78 points at the first support level, and at 112.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 116.70, and for the 2nd resistance point, it is at 118.18.
Paccar Inc. [PCAR] reported earnings per share of $2.7 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $2.22/share, meaning a difference of $0.48 and a surprise factor of 21.60%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $2.34 per share as compared to estimates of $2.12 per share, a difference of $0.22 representing a surprise of 10.40%.
Ratios To Look Out For
For context, Paccar Inc.’s Current Ratio is 1.08. In addition, the Quick Ratio stands at 0.89 and the Cash Ratio stands at 0.8. Considering the valuation of this stock, the price to sales ratio is 1.72, the price to book ratio is 3.80 and price to earnings (TTM) ratio is 13.15.
Transactions by insiders
Recent insider trading involved SCHIPPERS HARRIE, PRESIDENT & CFO, that happened on Feb 12 ’24 when 32797.0 shares were sold. VICE PRESIDENT, HUBBARD TODD R completed a deal on Feb 12 ’24 to sell 2000.0 shares. Meanwhile, PRESIDENT & CFO SCHIPPERS HARRIE sold 32000.0 shares on Feb 05 ’24.
