Paccar Inc (NASDAQ: PCAR) is 17.59% higher on its value in year-to-date trading and has touched a low of $90.04 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 $115.88 in the last trading session, with the day’s loss setting it -1.05%.
Currently trading at $114.83, the stock is -0.31% and 4.90% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.84 million and changing -0.91% at the moment leaves the stock 7.36% off its SMA200. PCAR registered 24.27% gain for a year compared to 6-month gain of 6.89%. The firm has a 50-day simple moving average (SMA 50) of $109.1372 and a 200-day simple moving average (SMA200) of $106.9352.
The stock witnessed a 1.87% loss in the last 1 month and extending the period to 3 months gives it a 21.42%, and is -1.21% 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 1.39% over the week and 1.63% over the month.
Paccar Inc (PCAR) has around 32400 employees, a market worth around $59.31B and $34.84B in sales. Current P/E ratio is 12.84 and Fwd P/E is 14.93. Profit margin for the company is 13.51%. Distance from 52-week low is 27.53% and -8.50% from its 52-week high. The company has generated returns on investments over the last 12 months (13.77%).
The EPS is expected to shrink by -17.34% this year.
Paccar Inc (PCAR) Top Institutional Holders
1375.0 institutions hold shares in Paccar Inc (PCAR), with institutional investors hold 73.47% of the company’s shares. The shares outstanding are 524.26M, and float is at 514.89M with Short Float at 2.42%. Institutions hold 72.10% 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 27,191 shares of the company’s common stock on Nov 01 ’24 at a price of $103.52 per share for a total of $2.81 million. Following the sale, the insider now owns 0.17 million shares.
Still, SEC filings show that on Oct 28 ’24, BANEY KEVIN D (Senior Vice President) disposed off 9,894 shares at an average price of $107.00 for $1.06 million. The insider now directly holds 7,121 shares of Paccar Inc (PCAR).
