Paccar Inc (PCAR) kicked off at the price of $116.79: Venture capitalists have an exciting new opportunity

Paccar Inc (NASDAQ: PCAR) kicked off on Tuesday, up 0.31% from the previous trading day, before settling in for the closing price of $116.43. Over the past 52 weeks, PCAR has traded in a range of $84.72-$125.50.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 10.45%. While this was happening, its average annual earnings per share was recorded -17.31%. With a float of $514.82 million, this company’s outstanding shares have now reached $523.30 million.

Considering the fact that the conglomerate employs 32400 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 19.34%, operating margin of 15.33%, and the pretax margin is 16.92%.

Paccar Inc (PCAR) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Farm & Heavy Construction Machinery Industry. The insider ownership of Paccar Inc is 1.81%, while institutional ownership is 69.02%. The most recent insider transaction that took place on Nov 01 ’24, was worth 2,814,733. In this transaction CHIEF EXECUTIVE OFFICER of this company sold 27,191 shares at a rate of $103.52, taking the stock ownership to the 171,776 shares. Before that another transaction happened on Nov 01 ’24, when Company’s Officer proposed sale 27,191 for $103.52, making the entire transaction worth $2,814,732.

Paccar Inc (PCAR) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 2.7 earnings per share (EPS), higher than consensus estimate (set at 2.22) by 0.48. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.75 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -17.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.48% during the next five years compared to 16.07% growth over the previous five years of trading.

Paccar Inc (NASDAQ: PCAR) Trading Performance Indicators

Take a look at Paccar Inc’s (PCAR) current performance indicators. Last quarter, stock had a quick ratio of 1.91. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.76. Likewise, its price to free cash flow for the trailing twelve months is 22.06.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.95, a number that is poised to hit 1.70 in the next quarter and is forecasted to reach 7.75 in one year’s time.

Technical Analysis of Paccar Inc (PCAR)

Compared to the last year’s volume of 2.64 million, its volume of 3.02 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 86.81%. Additionally, its Average True Range was 2.87.

During the past 100 days, Paccar Inc’s (PCAR) raw stochastic average was set at 96.26%, which indicates a significant increase from 93.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.76% in the past 14 days, which was higher than the 31.60% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $102.77, while its 200-day Moving Average is $106.12. Nevertheless, the first resistance level for the watch stands at $117.51 in the near term. At $118.24, the stock is likely to face the second major resistance level. The third major resistance level sits at $119.26. If the price goes on to break the first support level at $115.76, it is likely to go to the next support level at $114.74. Now, if the price goes above the second support level, the third support stands at $114.01.

Paccar Inc (NASDAQ: PCAR) Key Stats

The company with the Market Capitalisation of 61.23 billion has total of 524,301K Shares Outstanding. Its annual sales at the moment are 35,127 M in contrast with the sum of 4,601 M annual income. Company’s last quarter sales were recorded 8,240 M and last quarter income was 972,100 K.