Paccar Inc. (NASDAQ: PCAR) is -3.15% lower on its value in year-to-date trading and has touched a low of $78.30 and a high of $125.50 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PCAR stock was last observed hovering at around $94.97 in the last trading session, with the day’s loss setting it -0.4%.
Currently trading at $94.57, the stock is -0.19% and -3.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.89 million and changing -0.42% at the moment leaves the stock -9.14% off its SMA200. PCAR registered 15.68% gain for a year compared to 6-month loss of -17.07%.
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The stock witnessed a 1.84% gain in the last 1 month and extending the period to 3 months gives it a -11.97%, and is -1.04% down 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 2.17% over the week and 1.78% over the month.
Paccar Inc. (PCAR) has around 32400 employees, a market worth around $49.58B and $35.30B in sales. Current P/E ratio is 10.02 and Fwd P/E is 11.52. Profit margin for the company is 14.06%. Distance from 52-week low is 20.78% and -24.65% from its 52-week high. The company has generated returns on investments over the last 12 months (15.46%).
The EPS is expected to shrink by -16.37% this year.
Paccar Inc. (PCAR) Top Institutional Holders
1441.0 institutions hold shares in Paccar Inc. (PCAR), with institutional investors hold 72.62% of the company’s shares. The shares outstanding are 523.30M, and float is at 514.75M with Short Float at 2.87%. Institutions hold 71.27% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 61.89 million shares valued at $6.37 billion. The investor’s holdings represent 11.7899% of the PCAR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 35.88 million shares valued at $3.69 billion to account for 6.8363 of the shares outstanding. The other top investors are STATE STREET CORP which holds 22.35 million shares representing 4.2584% and valued at over $2.3 billion, while FMR LLC holds 2.408 of the shares totaling 12.64 million with a market value of $1.3 billion.
Paccar Inc. (PCAR) Insider Activity
The most recent transaction is an insider sale by FEIGHT R PRESTON, the company’s CHIEF EXECUTIVE OFFICER. SEC filings show that FEIGHT R PRESTON sold 27,834 shares of the company’s common stock on Jul 31 ’24 at a price of $98.70 per share for a total of $2.75 million. Following the sale, the insider now owns 0.16 million shares.
Still, SEC filings show that on May 10 ’24, Poplawski Brice J (Vice President & Controller) disposed off 2,067 shares at an average price of $109.40 for $0.23 million. The insider now directly holds 0 shares of Paccar Inc. (PCAR).
