On Tuesday, Paccar Inc. (NASDAQ: PCAR) was -1.35% down from the session before settling in for the closing price of $109.43. A 52-week range for PCAR has been $66.17 – $125.50.
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During the last 5-year period, the sales growth of Industrials Sector giant was 10.45%. When this article was written, the company’s average yearly earnings per share was at -13.62%. With a float of $514.71 million, this company’s outstanding shares have now reached $523.30 million.
Let’s determine the extent of company efficiency that accounts for 32400 employees.
Paccar Inc. (PCAR) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Paccar Inc. stocks. The insider ownership of Paccar Inc. is 1.80%, while institutional ownership is 66.81%. The most recent insider transaction that took place on May 10 ’24, was worth 226,136. In this transaction Vice President & Controller of this company sold 2,067 shares at a rate of $109.40, taking the stock ownership to the 0 shares. Before that another transaction happened on May 07 ’24, when Company’s CHIEF EXECUTIVE OFFICER sold 33,850 for $106.18, making the entire transaction worth $3,594,091. This insider now owns 154,430 shares in total.
Paccar Inc. (PCAR) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 3/31/2024, it has been observed that the corporation posted 2.33 earnings per share (EPS) during the time that was better than consensus figure (set at 2.18) by 0.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.94 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.62% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.76% during the next five years compared to 16.07% growth over the previous five years of trading.
Paccar Inc. (NASDAQ: PCAR) Trading Performance Indicators
You can see what Paccar Inc. (PCAR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.60. Likewise, its price to free cash flow for the trailing twelve months is 15.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.63, a number that is poised to hit 2.13 in the next quarter and is forecasted to reach 8.72 in one year’s time.
Technical Analysis of Paccar Inc. (PCAR)
Looking closely at Paccar Inc. (NASDAQ: PCAR), its last 5-days average volume was 2.49 million, which is a jump from its year-to-date volume of 2.43 million. As of the previous 9 days, the stock’s Stochastic %D was 71.43%. Additionally, its Average True Range was 2.11.
During the past 100 days, Paccar Inc.’s (PCAR) raw stochastic average was set at 46.52%, which indicates a significant decrease from 54.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.08% in the past 14 days, which was lower than the 21.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $114.13, while its 200-day Moving Average is $98.86. However, in the short run, Paccar Inc.’s stock first resistance to watch stands at $109.14. Second resistance stands at $110.34. The third major resistance level sits at $111.26. If the price goes on to break the first support level at $107.03, it is likely to go to the next support level at $106.11. Should the price break the second support level, the third support level stands at $104.92.
Paccar Inc. (NASDAQ: PCAR) Key Stats
There are 524,145K outstanding shares of the company, which has a market capitalization of 56.58 billion. As of now, sales total 35,127 M while income totals 4,601 M. Its latest quarter income was 8,744 M while its last quarter net income were 1,195 M.
