A share price of Paccar Inc [PCAR] is currently trading at $116.01, up 7.35%. 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 10.59% over the last week, with a monthly amount glided 12.85%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Citigroup started tracking the stock with Neutral rating on June 26, 2024, and set its price target to $115. On March 26, 2024, RBC Capital Mkts initiated with a Sector Perform rating and assigned a price target of $123 on the stock. UBS upgraded its rating to a Buy. Truist initiated its recommendation with a Hold and recommended $117 as its price target on March 14, 2024. TD Cowen reiterated a Market Perform rating for this stock on January 24, 2024, and upped its price target to $108. In a note dated January 19, 2024, BofA Securities upgraded an Neutral rating on this stock and boosted its target price from $84 to $97.
Paccar Inc experienced fluctuations in its stock price throughout the past year between $82.36 and $125.50. Currently, Wall Street analysts expect the stock to reach $92.03 within the next 12 months. Paccar Inc [NASDAQ: PCAR] shares were valued at $116.01 at the most recent close of the market. An investor can expect a potential drop of -20.67% based on the average PCAR price forecast.
Analyzing the PCAR fundamentals
Trailing Twelve Months sales for Paccar Inc [NASDAQ:PCAR] were 34.84B which represents -5.26% decline. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.27 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.83.
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 112.82 points at the first support level, and at 109.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 118.51, and for the 2nd resistance point, it is at 121.02.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Paccar Inc [NASDAQ:PCAR] is 2.32. In addition, the Quick Ratio stands at 1.91 and the Cash Ratio stands at 0.58. Considering the valuation of this stock, the price to sales ratio is 1.75, the price to book ratio is 3.26 and price to earnings (TTM) ratio is 12.97.
Transactions by insiders
Recent insider trading involved FEIGHT R PRESTON, CHIEF EXECUTIVE OFFICER, that happened on Nov 01 ’24 when 27191.0 shares were sold. Officer, FEIGHT R PRESTON completed a deal on Nov 01 ’24 to buy 27191.0 shares. Meanwhile, Senior Vice President BANEY KEVIN D sold 9894.0 shares on Oct 28 ’24.
