Paccar Inc [NASDAQ: PCAR] stock went on an upward path that rose over 3.39% on Wednesday, amounting to a one-week price increase of more than 0.96%.
Over the last 12 months, PCAR stock rose by 12.10%. The one-year Paccar Inc stock forecast points to a potential upside of 5.11. The average equity rating for PCAR stock is currently 2.67, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $58.14 billion, with 524.40 million shares outstanding and 514.83 million shares in the current float. Compared to the average trading volume of 2.29M shares, PCAR stock reached a trading volume of 3658338 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Paccar Inc [PCAR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PCAR shares is $116.86 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PCAR stock is a recommendation set at 2.67. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BofA Securities have made an estimate for Paccar Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 14, 2025. The new note on the price target was released on December 06, 2024, representing the official price target for Paccar Inc stock. Previously, the target price had yet another raise from $99 to $129, while Evercore ISI kept a Outperform rating on PCAR stock.
The Average True Range (ATR) for Paccar Inc is set at 2.61, with the Price to Sales ratio for PCAR stock in the period of the last 12 months amounting to 1.73. The Price to Book ratio for the last quarter was 3.32, with the Price to Cash per share for the same quarter was set at 18.41. Price to Free Cash Flow for PCAR in the course of the last twelve months was 20.08 with Quick ratio for the last quarter at 1.39.
PCAR Stock Performance Analysis:
Paccar Inc [PCAR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.96. With this latest performance, PCAR shares gained by 5.18% in over the last four-week period, additionally plugging by 16.02% over the last 6 months – not to mention a rise of 12.10% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PCAR stock in for the last two-week period is set at 57.25, with the RSI for the last a single of trading hit 58.82, and the three-weeks RSI is set at 53.69 for Paccar Inc [PCAR]. The present Moving Average for the last 50 days of trading for this stock 110.78, while it was recorded at 109.60 for the last single week of trading, and 105.38 for the last 200 days.
Insight into Paccar Inc Fundamentals:
Paccar Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.39 and a Current Ratio set at 1.67.
PCAR Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PCAR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Paccar Inc go to -0.65%.
Paccar Inc [PCAR] Institutonal Ownership Details
There are presently around $71.85%, or 73.22%% of PCAR stock, in the hands of institutional investors. The top three institutional holders of PCAR stocks are: VANGUARD GROUP INC with ownership of 61.89 million shares, which is approximately 11.7899%. BLACKROCK INC., holding 35.88 million shares of the stock with an approximate value of $$3.69 billion in PCAR stocks shares; and BLACKROCK INC., currently with $$2.3 billion in PCAR stock with ownership which is approximately 4.2584%.
