Paccar Inc (NASDAQ: PCAR)’s stock price has decreased by -1.34 compared to its previous closing price of 111.88. However, the company has seen a -5.49% decrease 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.
Is It Worth Investing in Paccar Inc (NASDAQ: PCAR) Right Now?
Paccar Inc (NASDAQ: PCAR) has a price-to-earnings ratio that is above its average at 12.34x. The stock has a 36-month beta value of 0.89. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 3 as “overweight,” 14 as “hold,” and 1 as “sell.”
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The public float for PCAR is 514.81M, and at present, short sellers hold a 2.63% of that float. On November 20, 2024, the average trading volume of PCAR was 2.55M shares.
PCAR’s Market Performance
The stock of Paccar Inc (PCAR) has seen a -5.49% decrease in the past week, with a 0.70% rise in the past month, and a 14.96% gain in the past quarter. The volatility ratio for the week is 1.77%, and the volatility levels for the past 30 days are at 2.39% for PCAR. The simple moving average for the past 20 days is 0.51% for PCAR’s stock, with a 3.75% simple moving average for the past 200 days.
Analysts’ Opinion of PCAR
Many brokerage firms have already submitted their reports for PCAR stocks, with Evercore ISI repeating the rating for PCAR by listing it as a “Outperform.” The predicted price for PCAR in the upcoming period, according to Evercore ISI is $129 based on the research report published on November 13, 2024 of the current year 2024.
Citigroup gave a rating of “Neutral” to PCAR, setting the target price at $115 in the report published on June 26th of the current year.
PCAR Trading at 5.44% 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 -12.05% of loss for the given period.
Volatility was left at 2.39%, however, over the last 30 days, the volatility rate increased by 1.77%, as shares surge +5.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.72% upper at present.
During the last 5 trading sessions, PCAR fell by -5.49%, which changed the moving average for the period of 200-days by +5.97% in comparison to the 20-day moving average, which settled at $109.82. In addition, Paccar Inc saw 13.04% 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 0.14. 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 6.48 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 1.91. 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
To sum up, Paccar Inc (PCAR) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.
