Paccar Inc (PCAR) Stock: Analyzing the Quarterly Movement

In the past week, PCAR stock has gone up by 8.07%, with a monthly gain of 7.92% and a quarterly surge of 24.66%. The volatility ratio for the week is 2.84%, and the volatility levels for the last 30 days are 2.27% for Paccar Inc The simple moving average for the last 20 days is 7.68% for PCAR stock, with a simple moving average of 10.05% for the last 200 days.

Is It Worth Investing in Paccar Inc (NASDAQ: PCAR) Right Now?

Paccar Inc (NASDAQ: PCAR) has a price-to-earnings ratio of 13.06x that is above its average ratio. Additionally, the 36-month beta value for PCAR is 0.90. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 3 rating it as “overweight,” 14 rating it as “hold,” and 1 rating it as “sell.”

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The public float for PCAR is 514.82M and currently, short sellers hold a 2.63% ratio of that float. The average trading volume of PCAR on November 13, 2024 was 2.57M shares.

PCAR) stock’s latest price update

The stock of Paccar Inc (NASDAQ: PCAR) has increased by 0.31 when compared to last closing price of 116.43. Despite this, the company has experienced a 8.07% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-01 that MOLINE, Ill., Nov. 1, 2024 /PRNewswire/ — Deere & Company (NYSE: DE) today announced the appointment of R.

Analysts’ Opinion of PCAR

Citigroup, on the other hand, stated in their research note that they expect to see PCAR reach a price target of $115. The rating they have provided for PCAR stocks is “Neutral” according to the report published on June 26th, 2024.

RBC Capital Mkts gave a rating of “Sector Perform” to PCAR, setting the target price at $123 in the report published on March 26th of the current year.

PCAR Trading at 13.65% from the 50-Day Moving Average

After a stumble in the market that brought PCAR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.94% of loss for the given period.

Volatility was left at 2.27%, however, over the last 30 days, the volatility rate increased by 2.84%, as shares surge +9.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.22% upper at present.

During the last 5 trading sessions, PCAR rose by +8.07%, which changed the moving average for the period of 200-days by +15.19% in comparison to the 20-day moving average, which settled at $108.46. In addition, Paccar Inc saw 19.60% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at PCAR starting from FEIGHT R PRESTON, who sale 27,191 shares at the price of $103.52 back on Nov 01 ’24. After this action, FEIGHT R PRESTON now owns 171,776 shares of Paccar Inc, valued at $2,814,733 using the latest closing price.

FEIGHT R PRESTON, the Officer of Paccar Inc, proposed sale 27,191 shares at $103.52 during a trade that took place back on Nov 01 ’24, which means that FEIGHT R PRESTON is holding shares at $2,814,732 based on the most recent closing price.

Stock Fundamentals for PCAR

Current profitability levels for the company are sitting at:

  • 0.15 for the present operating margin
  • 0.19 for the gross margin

The net margin for Paccar Inc stands at 0.14. The total capital return value is set at 0.17. Equity return is now at value 27.14, with 11.58 for asset returns.

Based on Paccar Inc (PCAR), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28.

Currently, EBITDA for the company is 6.63 billion with net debt to EBITDA at 1.39. When we switch over and look at the enterprise to sales, we see a ratio of 2.01. The receivables turnover for the company is 15.84for trailing twelve months and the total asset turnover is 0.8. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.32.

Conclusion

In conclusion, Paccar Inc (PCAR) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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