Paccar Inc (NASDAQ: PCAR) is -11.52% lower on its value in year-to-date trading and has touched a low of $85.05 and a high of $115.49 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 $91.89 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $92.04, the stock is 1.11% and -6.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.38 million and changing 0.16% at the moment leaves the stock -9.21% off its SMA200. PCAR registered -16.76% loss for a year compared to 6-month loss of -8.78%. The firm has a 50-day simple moving average (SMA 50) of $98.2678 and a 200-day simple moving average (SMA200) of $103.0211.
The stock witnessed a -6.26% gain in the last 1 month and extending the period to 3 months gives it a -16.26%, and is 5.44% 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 2.60% over the week and 3.93% over the month.
Paccar Inc (PCAR) has around 30100 employees, a market worth around $48.31B and $33.65B in sales. Current P/E ratio is 11.64 and Fwd P/E is 11.85. Profit margin for the company is 12.37%. Distance from 52-week low is 8.22% and -20.31% from its 52-week high. The company has generated returns on investments over the last 12 months (15.23%).
with sales reaching $7.09B over the same period.The EPS is expected to shrink by -15.26% this year, but quarterly earnings will post -4.59% year-over-year. Quarterly sales are estimated to shrink -13.88% in year-over-year returns.
Paccar Inc (PCAR) Top Institutional Holders
1416.0 institutions hold shares in Paccar Inc (PCAR), with institutional investors hold 74.43% of the company’s shares. The shares outstanding are 524.40M, and float is at 515.43M with Short Float at 2.31%. Institutions hold 73.03% 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 11.7809% 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 6.8311 of the shares outstanding. The other top investors are STATE STREET CORP which holds 22.35 million shares representing 4.2552% and valued at over $2.3 billion, while FMR LLC holds 2.4061 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 WALTON MICHAEL K, the company’s VICE PRESIDENT/GENERAL COUNSEL. SEC filings show that WALTON MICHAEL K sold 6,000 shares of the company’s common stock on Feb 19 ’25 at a price of $106.13 per share for a total of $0.64 million. Following the sale, the insider now owns 951.0 shares.
Still, SEC filings show that on Feb 18 ’25, SCHIPPERS HARRIE (PRESIDENT & CFO) disposed off 28,676 shares at an average price of $105.97 for $3.04 million. The insider now directly holds 114,659 shares of Paccar Inc (PCAR).
