Paccar Inc [PCAR] stock prices are up 0.31% to $116.79 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PCAR shares have gain 8.07% over the last week, with a monthly amount glided 7.92%, 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.
The stock price of Paccar Inc [PCAR] has been fluctuating between $84.72 and $125.50 over the past year. Currently, Wall Street analysts expect the stock to reach $92.03 within the next 12 months. Paccar Inc [NASDAQ: PCAR] shares were valued at $116.79 at the most recent close of the market. An investor can expect a potential drop of -21.2% based on the average PCAR price forecast.
Analyzing the PCAR fundamentals
The Paccar Inc [NASDAQ:PCAR] reported sales of 34.84B for trailing twelve months, representing a drop of -5.26%. 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 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.83.
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 115.76 points at the first support level, and at 114.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 117.51, and for the 2nd resistance point, it is at 118.24.
Ratios To Look Out For
It’s worth pointing out that Paccar Inc [NASDAQ:PCAR]’s Current Ratio is 2.32. Also, the Quick Ratio is 1.91, while the Cash Ratio stands at 1.07. Considering the valuation of this stock, the price to sales ratio is 1.76, the price to book ratio is 3.28 and price to earnings (TTM) ratio is 13.06.
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.
