Paccar Inc [PCAR] stock prices are up 1.48% to $108.16 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The PCAR shares have gain 3.11% over the last week, with a monthly amount drifted -3.56%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Paccar Inc [NASDAQ: PCAR] stock has seen the most recent analyst activity on December 06, 2024, when Jefferies downgraded its rating to a Hold but kept the price target unchanged to $120 for it. Previously, Evercore ISI upgraded its rating to Outperform on November 13, 2024, and elevated its price target to $129. On June 28, 2024, Raymond James initiated with a Mkt Perform rating. Citigroup started tracking the stock assigning a Neutral rating and suggested a price target of $115 on June 26, 2024. RBC Capital Mkts initiated its recommendation with a Sector Perform and recommended $123 as its price target on March 26, 2024. UBS upgraded its rating to Buy for this stock on March 15, 2024. In a note dated March 14, 2024, Truist initiated an Hold rating and provided a target price of $117 on this stock.
The stock price of Paccar Inc [PCAR] has been fluctuating between $87.53 and $122.00 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 $108.16 at the most recent close of the market. An investor can expect a potential return of 5.77% 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 0.17. 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 106.60 points at the first support level, and at 105.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 109.12, and for the 2nd resistance point, it is at 110.08.
Ratios To Look Out For
It’s worth pointing out that Paccar Inc [NASDAQ:PCAR]’s Current Ratio is 2.32. On the other hand, the Quick Ratio is 1.91, and the Cash Ratio is 0.58. Considering the valuation of this stock, the price to sales ratio is 1.63, the price to book ratio is 3.04 and price to earnings (TTM) ratio is 12.09.
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.
