Are Analysts Expecting A Better 2020 For Paccar Inc. (PCAR)?

Paccar Inc. (PCAR) concluded trading on Wednesday at a closing price of $94.53, with 3.51 million shares of worth about $332.11 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -15.12% during that period and on August 28, 2024 the price saw a gain of about 0.18%. Currently the company’s common shares owned by public are about 523.30M shares, out of which, 514.77M shares are available for trading.

Stock saw a price change of -1.55% in past 5 days and over the past one month there was a price change of -2.60%. Year-to-date (YTD), PCAR shares are showing a performance of -3.20% which increased to 14.72% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $78.30 but also hit the highest price of $125.50 during that period. The average intraday trading volume for Paccar Inc. shares is 2.95 million. The stock is currently trading 0.05% above its 20-day simple moving average (SMA20), while that difference is down -5.39% for SMA50 and it goes to -8.90% lower than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Paccar Inc. (NASDAQ: PCAR) currently have 523.30M outstanding shares and institutions hold larger chunk of about 68.84% of that.

The stock has a current market capitalization of $49.55B and its 3Y-monthly beta is at 0.91. PE ratio of stock for trailing 12 months is 10.02, while it has posted earnings per share of $9.44 in the same period. Its PEG reads 1.48 and has Quick Ratio of 1.79 while making debt-to-equity ratio of 0.81. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PCAR, volatility over the week remained 1.63% while standing at 2.04% over the month.

Analysts are in expectations that Paccar Inc. (PCAR) stock would likely to be making an EPS of 1.82 in the current quarter, while forecast for next quarter EPS is 1.81 and it is 8.25 for next year. For the current quarter EPS, analysts have given the company a lowest target 1.77 which is 1.87 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 2.34 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -16.37% while it is estimated to increase by 2.13% in next year. EPS is likely to shrink at an annualized rate of 6.76% for next 5-years, compared to annual growth of 16.07% made by the stock over the past 5-years.

Coverage by Citigroup stated Paccar Inc. (PCAR) stock as a Neutral in their note to investors on June 26, 2024, suggesting a price target of $115 for the stock. Stock get a Hold rating from Truist on March 14, 2024.

Most Popular

Related Posts