Paccar Inc (NASDAQ: PCAR)’s stock price has increased by 0.47 compared to its previous closing price of 114.83. However, the company has seen a -1.27% decrease in its stock price over the last five trading sessions. zacks.com reported 2024-12-10 that Paccar (PCAR) reachead $115.37 at the closing of the latest trading day, reflecting a +0.47% change compared to its last close.
Is It Worth Investing in Paccar Inc (NASDAQ: PCAR) Right Now?
The price-to-earnings ratio for Paccar Inc (NASDAQ: PCAR) is 12.90x, which is above its average ratio. Moreover, the 36-month beta value for PCAR is 0.91. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 2 as “overweight,” 12 as “hold,” and 1 as “sell.”
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The public float for PCAR is 514.89M and currently, short sellers hold a 2.42% of that float. On December 11, 2024, PCAR’s average trading volume was 2.43M shares.
PCAR’s Market Performance
PCAR’s stock has seen a -1.27% decrease for the week, with a 0.87% rise in the past month and a 22.41% gain in the past quarter. The volatility ratio for the week is 1.75%, and the volatility levels for the past 30 days are at 1.64% for Paccar Inc The simple moving average for the past 20 days is 0.20% for PCAR’s stock, with a 7.85% simple moving average for the past 200 days.
Analysts’ Opinion of PCAR
Many brokerage firms have already submitted their reports for PCAR stocks, with Jefferies repeating the rating for PCAR by listing it as a “Hold.” The predicted price for PCAR in the upcoming period, according to Jefferies is $120 based on the research report published on December 06, 2024 of the current year 2024.
Evercore ISI, on the other hand, stated in their research note that they expect to see PCAR reach a price target of $129, previously predicting the price at $99. The rating they have provided for PCAR stocks is “Outperform” according to the report published on November 13th, 2024.
PCAR Trading at 5.07% 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 -8.07% of loss for the given period.
Volatility was left at 1.64%, however, over the last 30 days, the volatility rate increased by 1.75%, as shares sank -0.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.91% upper at present.
During the last 5 trading sessions, PCAR fell by -1.27%, which changed the moving average for the period of 200-days by +2.78% in comparison to the 20-day moving average, which settled at $115.14. In addition, Paccar Inc saw 18.15% 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 1.99. 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 wrap up, the performance of Paccar Inc (PCAR) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
