PACCAR Inc (PCAR): What is the Risk Factor?


PACCAR Inc (NASDAQ:PCAR) saw an upside of 8.64% to close Tuesday at $111.08 after adding $8.83 on the day. The 5-day average trading volume is 3,673,560 shares of the company’s common stock. It has gained $111.44 in the past week and touched a new high 3 times within the past 5 days. An average of 2,168,575 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,198,274.

PCAR’s 1-month performance is 9.94% or $10.53 on its low of $96.96 reached on 01/05/23. The company’s shares have touched a 52-week low of $74.90 and high of $104.26, with the stock’s rally to the 52-week high happening on 01/24/23. YTD, PCAR has achieved 12.24% or $12.11 and has reached a new high 8 times. However, the current price is up 6.54% from the 52-week high price.

Top 5 Undervalued Stocks To Own In 2023

Microchip Maker Releases "World's Most Powerful Data Center CPU". It could allow the company who manufactures it to lead the industry as the global microchip shortage continues into the coming year. We've put together a free research report that explains all the details. Not only will you find out why analysts believe this chip manufacturer could lead the pack, you will also discover four more potential winners for the coming year.

Click here to download your Free Research Report…


Insider Transactions

PCAR stock investors last saw insider trading activity on Oct 28.SCHIPPERS HARRIE (PRESIDENT & CFO) most recently sold 29,052 shares at $95.64 per share on Oct 28. This transaction cost the insider $2,778,632. CHIEF EXECUTIVE OFFICER, FEIGHT R PRESTON, sold 13,900 shares at a price of $95.77 on Oct 28. Then, on Oct 28, VICE PRESIDENT HUBBARD TODD R sold 491 shares at a price of $95.00 per share. This transaction amounted to $46,645.

Valuation Metrics

PCAR stock has a beta of 0.92. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.39 while the price-to-book (PB) in the most recent quarter is 3.00, with the price to cash flow ratio at 30.56.

PACCAR Inc’s quick ratio for the period ended September 29 was 3.90, with the current ratio over the same period at 4.40. As well, the company’s long term debt to equity for the quarter ending September 29 was 0.80, while the total debt to equity was 0.80.. In terms of profitability, the gross margin trailing 12 months is 18.30%. The firm’s gross profit as reported stood at $4.41 billion against revenue of $23.52 billion.

Earnings Surprise

For the quarterly period ending September 29 this year, PACCAR Inc’s cash and short-term investments amounted to $1.54 billion against total debt of $10.44 billion. Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 35.94% to $769.4 million, while revenue of $720.4 million was 6.37% off the previous quarter. Analysts expected PCAR to announce $1.98 per share in earnings in its latest quarter, but it posted $2.21, representing a 11.60% surprise. EBITDA for the quarter stood at more than $1.18 billion. PCAR stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 17.73 billion, with total debt at $10.44 billion. Shareholders hold equity totaling $347.77 million.

Let’s look briefly at PACCAR Inc (PCAR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 77.91% to suggest the stock is trending Overbought, with historical volatility in this time period at 45.75%.

The stock’s 5-day moving average is $102.05, reflecting a +9.32% or $9.47 change from its current price. PCAR is currently trading +11.28% above its 20-day SMA, +26.16% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +11.35% and SMA200 by+33.06%.

Stochastic %K and %D was 72.17% and 49.78% and the average true range (ATR) pointed at 3.08. The RSI (14) points at 72.08%, while the 14-day stochastic is at 97.51% with the period’s ATR at 2.74. The stock’s 9-day MACD Oscillator is pointing at 2.28 and 3.20 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for PACCAR Inc (NASDAQ: PCAR), Credit Suisse downgraded it to a Neutral rating. They previously had an Outperform rating on the stock. Analysts offering their rating for PCAR stock have a consensus rating for the stock as Hold. Currently, 1 brokerage advisors rate PCAR as a “sell,”, while 12 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 3 rates the stock as overweight while 4 have offered a “buy” rating.

What is PCAR’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $89.00 and a high of $136.00, with their median price target at $100.50. Looking at these predictions, the average price target given by analysts is for PACCAR Inc (PCAR) stock is $102.33.


Please enter your comment!
Please enter your name here