Market Insight: Paccar Inc (PCAR)’s Notable Drop, Closing at 109.99

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In the latest session, Paccar Inc (NASDAQ: PCAR) closed at $109.99 down -0.35% from its previous closing price of $110.38. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 1.44 million shares were traded. PCAR stock price reached its highest trading level at $110.9687 during the session, while it also had its lowest trading level at $109.14.

Ratios:

For a deeper understanding of Paccar Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.78. For the most recent quarter (mrq), Quick Ratio is recorded 1.91 and its Current Ratio is at 2.32. In the meantime, Its Debt-to-Equity ratio is 0.83 whereas as Long-Term Debt/Eq ratio is at 0.83.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Evercore ISI on November 13, 2024, Upgraded its rating to Outperform and sets its target price to $129 from $99 previously.

On June 26, 2024, Citigroup started tracking the stock assigning a Neutral rating and target price of $115.Citigroup initiated its Neutral rating on June 26, 2024, with a $115 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 01 ’24 when FEIGHT R PRESTON sold 27,191 shares for $103.52 per share. The transaction valued at 2,814,733 led to the insider holds 171,776 shares of the business.

FEIGHT R PRESTON bought 27,191 shares of PCAR for $2,814,732 on Nov 01 ’24. On Oct 28 ’24, another insider, BANEY KEVIN D, who serves as the Senior Vice President of the company, sold 9,894 shares for $107.00 each. As a result, the insider received 1,058,671 and left with 7,121 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PCAR now has a Market Capitalization of 57667866624 and an Enterprise Value of 64127819776. As of this moment, Paccar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.30, and their Forward P/E ratio for the next fiscal year is 14.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 25.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.66 while its Price-to-Book (P/B) ratio in mrq is 3.09. Its current Enterprise Value per Revenue stands at 1.841 whereas that against EBITDA is 10.854.

Stock Price History:

Over the past 52 weeks, PCAR has reached a high of $125.50, while it has fallen to a 52-week low of $87.50. The 50-Day Moving Average of the stock is 4.75%, while the 200-Day Moving Average is calculated to be 3.35%.

Shares Statistics:

For the past three months, PCAR has traded an average of 2.55M shares per day and 2233310 over the past ten days. A total of 523.30M shares are outstanding, with a floating share count of 514.81M. Insiders hold about 1.81% of the company’s shares, while institutions hold 69.81% stake in the company. Shares short for PCAR as of 1730332800 were 13543098 with a Short Ratio of 5.31, compared to 1727654400 on 14607907. Therefore, it implies a Short% of Shares Outstanding of 13543098 and a Short% of Float of 2.9899999999999998.

Dividends & Splits

According to the company, the forward annual dividend rate for PCAR is 1.17, from 1.14 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0103279585The stock’s 5-year Average Dividend Yield is 1.41.

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