Paccar Inc. (NASDAQ: PCAR) is 9.63% higher on its value in year-to-date trading and has touched a low of $66.17 and a high of $125.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PCAR stock was last observed hovering at around $106.60 in the last trading session, with the day’s gains setting it 0.45%.
Currently trading at $107.05, the stock is -4.65% and -7.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.89 million and changing 0.42% at the moment leaves the stock 11.63% off its SMA200. PCAR registered 52.05% gain for a year compared to 6-month gain of 28.12%.
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The stock witnessed a -10.18% loss in the last 1 month and extending the period to 3 months gives it a 1.89%, and is 0.67% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.94% over the week and 2.13% over the month.
Paccar Inc. (PCAR) has around 32400 employees, a market worth around $56.11B and $35.42B in sales. Current P/E ratio is 11.11 and Fwd P/E is 12.24. Profit margin for the company is 14.29%. Distance from 52-week low is 61.79% and -14.70% from its 52-week high. The company has generated returns on investments over the last 12 months (16.38%).
The EPS is expected to shrink by -13.79% this year
The shares outstanding are 523.30M, and float is at 514.70M with Short Float at 1.45%.
Paccar Inc. (PCAR) Insider Activity
The most recent transaction is an insider sale by WALTON MICHAEL K, the company’s VICE PRESIDENT/GENERAL COUNSEL. SEC filings show that WALTON MICHAEL K sold 9,123 shares of the company’s common stock on May 06 ’24 at a price of $105.11 per share for a total of $0.96 million. Following the sale, the insider now owns 1468.0 shares.
Paccar Inc. disclosed in a document filed with the SEC on Feb 12 ’24 that SCHIPPERS HARRIE (PRESIDENT & CFO) sold a total of 32,797 shares of the company’s common stock. The trade occurred on Feb 12 ’24 and was made at $106.08 per share for $3.48 million. Following the transaction, the insider now directly holds 0.1 million shares of the PCAR stock.
Still, SEC filings show that on Feb 12 ’24, HUBBARD TODD R (VICE PRESIDENT) disposed off 2,000 shares at an average price of $106.15 for $0.21 million. The insider now directly holds 5,726 shares of Paccar Inc. (PCAR).
