We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Paccar (PCAR) Increases Yet Falls Behind Market: What Investors Need to Know
Read MoreHide Full Article
In the latest trading session, Paccar (PCAR - Free Report) closed at $88.56, marking a +1.45% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 2.51%. Meanwhile, the Dow experienced a rise of 2.66%, and the technology-dominated Nasdaq saw an increase of 2.71%.
The the stock of truck maker has fallen by 11.51% in the past month, lagging the Auto-Tires-Trucks sector's loss of 9.36% and the S&P 500's loss of 8.86%.
The investment community will be closely monitoring the performance of Paccar in its forthcoming earnings report. The company is scheduled to release its earnings on April 29, 2025. It is anticipated that the company will report an EPS of $1.57, marking a 30.84% fall compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $7.07 billion, down 14.09% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.71 per share and a revenue of $29.23 billion, indicating changes of -15.06% and -7.39%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Paccar. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 9.12% fall in the Zacks Consensus EPS estimate. Paccar presently features a Zacks Rank of #3 (Hold).
From a valuation perspective, Paccar is currently exchanging hands at a Forward P/E ratio of 13. For comparison, its industry has an average Forward P/E of 9.44, which means Paccar is trading at a premium to the group.
It is also worth noting that PCAR currently has a PEG ratio of 1.75. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Automotive - Domestic industry stood at 0.78 at the close of the market yesterday.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. At present, this industry carries a Zacks Industry Rank of 213, placing it within the bottom 15% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Paccar (PCAR) Increases Yet Falls Behind Market: What Investors Need to Know
In the latest trading session, Paccar (PCAR - Free Report) closed at $88.56, marking a +1.45% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 2.51%. Meanwhile, the Dow experienced a rise of 2.66%, and the technology-dominated Nasdaq saw an increase of 2.71%.
The the stock of truck maker has fallen by 11.51% in the past month, lagging the Auto-Tires-Trucks sector's loss of 9.36% and the S&P 500's loss of 8.86%.
The investment community will be closely monitoring the performance of Paccar in its forthcoming earnings report. The company is scheduled to release its earnings on April 29, 2025. It is anticipated that the company will report an EPS of $1.57, marking a 30.84% fall compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $7.07 billion, down 14.09% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.71 per share and a revenue of $29.23 billion, indicating changes of -15.06% and -7.39%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for Paccar. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 9.12% fall in the Zacks Consensus EPS estimate. Paccar presently features a Zacks Rank of #3 (Hold).
From a valuation perspective, Paccar is currently exchanging hands at a Forward P/E ratio of 13. For comparison, its industry has an average Forward P/E of 9.44, which means Paccar is trading at a premium to the group.
It is also worth noting that PCAR currently has a PEG ratio of 1.75. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Automotive - Domestic industry stood at 0.78 at the close of the market yesterday.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. At present, this industry carries a Zacks Industry Rank of 213, placing it within the bottom 15% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.