Paccar Inc [PCAR] stock is trading at $118.41, up 1.34%. 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 2.24% over the last week, with a monthly amount glided 12.97%, and 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 November 13, 2024, when Evercore ISI upgraded its rating to a Outperform and also boosted its price target to $129 from $99. On June 26, 2024, Citigroup initiated with a Neutral rating and assigned a price target of $115 on the stock. RBC Capital Mkts started tracking the stock assigning a Sector Perform rating and suggested a price target of $123 on March 26, 2024. UBS upgraded its rating to a Buy. Truist started tracking with a Hold rating for this stock on March 14, 2024, and assigned it a price target of $117. In a note dated January 24, 2024, TD Cowen reiterated an Market Perform rating on this stock and boosted its target price from $91 to $108.
Paccar Inc [PCAR] stock has fluctuated between $88.80 and $125.50 over the past year. Currently, Wall Street analysts expect the stock to reach $114.4 within the next 12 months. Paccar Inc [NASDAQ: PCAR] shares were valued at $118.41 at the most recent close of the market. An investor can expect a potential drop of -3.39% based on the average PCAR price forecast.
Analyzing the PCAR fundamentals
Paccar Inc [NASDAQ:PCAR] reported sales of 34.84B for the trailing twelve months, which represents 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 0.17. 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 117.46 points at the first support level, and at 116.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 119.08, and for the 2nd resistance point, it is at 119.76.
Ratios To Look Out For
For context, Paccar Inc’s Current Ratio is 2.32. Also, the Quick Ratio is 1.91, while the Cash Ratio stands at 0.58. Considering the valuation of this stock, the price to sales ratio is 1.78, the price to book ratio is 3.33 and price to earnings (TTM) ratio is 13.24.
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.
