Paccar Inc. [PCAR] stock is trading at $117.54, down -0.41%. An important factor to consider is whether the stock is rising or falling in short-term value. The PCAR shares have lost -1.38% over the last week, with a monthly amount drifted -0.67%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Paccar Inc. [NASDAQ: PCAR] stock has seen the most recent analyst activity on March 26, 2024, when RBC Capital Mkts initiated its Sector Perform rating and assigned the stock a price target of $123. Previously, UBS upgraded its rating to Buy on March 15, 2024. On March 14, 2024, Truist initiated with a Hold rating and assigned a price target of $117 on the stock. TD Cowen reiterated its Market Perform rating and increased its price target to $108 on January 24, 2024. BofA Securities upgraded its rating to a Neutral and raised its price target to $97 on January 19, 2024. Morgan Stanley started tracking with a Overweight rating for this stock on January 08, 2024, and assigned it a price target of $125. In a note dated October 25, 2023, Deutsche Bank upgraded an Buy rating on this stock and boosted its target price from $94 to $115.
Paccar Inc. [PCAR] stock has fluctuated between $66.17 and $125.50 over the past year. Currently, Wall Street analysts expect the stock to reach $83.17 within the next 12 months. Paccar Inc. [NASDAQ: PCAR] shares were valued at $117.54 at the most recent close of the market. An investor can expect a potential drop of -29.24% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.91.
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 116.91 points at the first support level, and at 116.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 118.25, and for the 2nd resistance point, it is at 118.97.
Ratios To Look Out For
For context, Paccar Inc.’s Current Ratio is 1.08. On the other hand, the Quick Ratio is 0.89, and the Cash Ratio is 0.8. Considering the valuation of this stock, the price to sales ratio is 1.75, the price to book ratio is 3.87 and price to earnings (TTM) ratio is 13.42.
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.
