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In the latest session, Paccar Inc. (NASDAQ: PCAR) closed at $113.32 up 0.66% from its previous closing price of $112.58. In other words, the price has increased by $0.66 from its previous closing price. On the day, 2.4 million shares were traded. PCAR stock price reached its highest trading level at $113.65 during the session, while it also had its lowest trading level at $112.445.
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 6.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.28. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.54.
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 this company, RBC Capital Mkts on March 26, 2024, initiated with a Sector Perform rating and assigned the stock a target price of $123.
On March 14, 2024, Truist started tracking the stock assigning a Hold rating and target price of $117.Truist initiated its Hold rating on March 14, 2024, with a $117 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 Feb 12 ’24 when SCHIPPERS HARRIE sold 32,797 shares for $106.08 per share. The transaction valued at 3,479,024 led to the insider holds 103,547 shares of the business.
HUBBARD TODD R sold 2,000 shares of PCAR for $212,300 on Feb 12 ’24. The VICE PRESIDENT now owns 5,726 shares after completing the transaction at $106.15 per share. On Feb 05 ’24, another insider, SCHIPPERS HARRIE, who serves as the PRESIDENT & CFO of the company, sold 32,000 shares for $104.04 each. As a result, the insider received 3,329,248 and left with 103,547 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 59380928512 and an Enterprise Value of 64759025664. As of this moment, Paccar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.93, and their Forward P/E ratio for the next fiscal year is 13.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.69 while its Price-to-Book (P/B) ratio in mrq is 3.73. Its current Enterprise Value per Revenue stands at 1.844 whereas that against EBITDA is 9.996.
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 $66.17. The 50-Day Moving Average of the stock is -2.06%, while the 200-Day Moving Average is calculated to be 19.91%.
Shares Statistics:
For the past three months, PCAR has traded an average of 2.28M shares per day and 2328280 over the past ten days. A total of 523.30M shares are outstanding, with a floating share count of 514.58M. Insiders hold about 1.80% of the company’s shares, while institutions hold 66.44% stake in the company. Shares short for PCAR as of 1711584000 were 7908966 with a Short Ratio of 3.47, compared to 1709164800 on 5955746. Therefore, it implies a Short% of Shares Outstanding of 7908966 and a Short% of Float of 1.7500000000000002.
Dividends & Splits
According to the company, the forward annual dividend rate for PCAR is 1.03, from 1.04 in the trailing year. Against a Trailing Annual Dividend Yield of 0.009237875The stock’s 5-year Average Dividend Yield is 1.48.
