Is PACCAR Stock a Good Investment?
PACCAR Investment Advice | PCAR |
- Examine PACCAR's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research PACCAR's leadership team and their track record. Good management can help PACCAR navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Construction Machinery & Heavy Transportation Equipment space and any emerging trends that could impact PACCAR's business and its evolving consumer preferences.
- Compare PACCAR's performance and market position to its competitors. Analyze how PACCAR is positioned in terms of product offerings, innovation, and market share.
- Check if PACCAR pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about PACCAR's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in PACCAR Inc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if PACCAR Inc is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine PACCAR Stock
Researching PACCAR's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 72.0% of the company shares are owned by institutional investors. The book value of PACCAR was at this time reported as 35.6. The company has Price/Earnings To Growth (PEG) ratio of 1.18. PACCAR Inc recorded earning per share (EPS) of 8.93. The entity last dividend was issued on the 13th of November 2024. The firm had 3:2 split on the 8th of February 2023.
To determine if PACCAR is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding PACCAR's research are outlined below:
| About 72.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Harvest Fund Management Co. Ltd Buys 8,287 Shares of PACCAR Inc |
PACCAR Quarterly Liabilities And Stockholders Equity |
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PACCAR uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in PACCAR Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to PACCAR's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 23rd of April 2024 Upcoming Quarterly Report | View | |
| 23rd of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 28th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact PACCAR's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises PACCAR's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2002-04-30 | 2002-03-31 | 0.07 | 0.08 | 0.01 | 14 | ||
2001-04-24 | 2001-03-31 | 0.07 | 0.08 | 0.01 | 14 | ||
2001-02-06 | 2000-12-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2009-10-27 | 2009-09-30 | 0.01 | 0.03 | 0.02 | 200 | ||
2009-07-28 | 2009-06-30 | 0.03 | 0.05 | 0.02 | 66 | ||
2009-04-28 | 2009-03-31 | 0.03 | 0.05 | 0.02 | 66 | ||
2003-07-24 | 2003-06-30 | 0.19 | 0.21 | 0.02 | 10 | ||
2001-10-23 | 2001-09-30 | 0.05 | 0.07 | 0.02 | 40 |
Know PACCAR's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as PACCAR is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading PACCAR Inc backward and forwards among themselves. PACCAR's institutional investor refers to the entity that pools money to purchase PACCAR's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Dimensional Fund Advisors, Inc. | 2024-09-30 | 5.7 M | Norges Bank | 2024-06-30 | 5.7 M | Fisher Asset Management, Llc | 2024-09-30 | 5.2 M | Amvescap Plc. | 2024-06-30 | 4.5 M | Legal & General Group Plc | 2024-06-30 | 4.3 M | First Trust Advisors L.p. | 2024-06-30 | 4.2 M | Alliancebernstein L.p. | 2024-06-30 | 4 M | Goldman Sachs Group Inc | 2024-06-30 | 3.8 M | U.s. Bancorp | 2024-06-30 | 3.6 M | Vanguard Group Inc | 2024-09-30 | 62.1 M | Blackrock Inc | 2024-06-30 | 35.9 M |
PACCAR's market capitalization trends
The company currently falls under 'Large-Cap' category with a current market capitalization of 61.34 B.Market Cap |
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PACCAR's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.11 | 0.12 | |
| Return On Capital Employed | 0.22 | 0.23 | |
| Return On Assets | 0.11 | 0.12 | |
| Return On Equity | 0.29 | 0.30 |
Determining PACCAR's profitability involves analyzing its financial statements and using various financial metrics to determine if PACCAR is a good buy. For example, gross profit margin measures PACCAR's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of PACCAR's profitability and make more informed investment decisions.
Evaluate PACCAR's management efficiency
PACCAR Inc has return on total asset (ROA) of 0.0846 % which means that it generated a profit of $0.0846 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2714 %, meaning that it created $0.2714 on every $100 dollars invested by stockholders. PACCAR's management efficiency ratios could be used to measure how well PACCAR manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/30/2024, Return On Tangible Assets is likely to grow to 0.12. Also, Return On Capital Employed is likely to grow to 0.23. At this time, PACCAR's Asset Turnover is relatively stable compared to the past year.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 30.31 | 31.82 | |
| Tangible Book Value Per Share | 30.31 | 31.82 | |
| Enterprise Value Over EBITDA | 8.81 | 11.17 | |
| Price Book Value Ratio | 3.22 | 1.92 | |
| Enterprise Value Multiple | 8.81 | 11.17 | |
| Price Fair Value | 3.22 | 1.92 | |
| Enterprise Value | 40.1 B | 42.1 B |
Evaluating the management effectiveness of PACCAR allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The PACCAR Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Dividend Yield 0.0103 | Forward Dividend Yield 0.0103 | Forward Dividend Rate 1.2 | Beta 0.89 |
Basic technical analysis of PACCAR Stock
As of the 30th of November, PACCAR owns the semi deviation of 1.14, and Market Risk Adjusted Performance of 0.2361. In respect to fundamental indicators, the technical analysis model allows you to check possible technical drivers of PACCAR Inc, as well as the relationship between them. Please check PACCAR Inc variance, as well as the relationship between the value at risk and skewness to decide if PACCAR Inc is priced fairly, providing market reflects its prevailing price of 117.0 per share. Given that PACCAR Inc has jensen alpha of 0.1449, we recommend you to check out PACCAR's latest market performance to make sure the company can sustain itself in the future.PACCAR's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific PACCAR insiders, such as employees or executives, is commonly permitted as long as it does not rely on PACCAR's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases PACCAR insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Poplawski Brice J over a month ago Disposition of 3000 shares by Poplawski Brice J of PACCAR at 106.067 subject to Rule 16b-3 | ||
Pigott John over a month ago Acquisition by Pigott John of 356 shares of PACCAR subject to Rule 16b-3 | ||
Baney Kevin D over two months ago Acquisition by Baney Kevin D of tradable shares of PACCAR at 92.57 subject to Rule 16b-3 | ||
Poplawski Brice J over two months ago Acquisition by Poplawski Brice J of tradable shares of PACCAR at 92.57 subject to Rule 16b-3 | ||
Pretti Luiz Antonio Dos Santos over two months ago Insider Trading | ||
Feder Franklin over three months ago Disposition of 21476 shares by Feder Franklin of PACCAR subject to Rule 16b-3 | ||
Darrin Siver over three months ago Acquisition by Darrin Siver of tradable shares of PACCAR subject to Rule 16b-3 | ||
John Rich over six months ago Disposition of 223 shares by John Rich of PACCAR at 110.89 subject to Rule 16b-3 | ||
Charles Williamson over a year ago Acquisition or disposition of PACCAR securities by Charles Williamson |
PACCAR's Outstanding Corporate Bonds
PACCAR issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. PACCAR Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most PACCAR bonds can be classified according to their maturity, which is the date when PACCAR Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| FRIDPT 4763 14 APR 27 Corp BondUS69377FAA49 | View | |
| FRIDPT 5315 14 APR 32 Corp BondUS69377FAB22 | View | |
| FRIDPT 62 14 APR 52 Corp BondUS69377FAC05 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| US69371RQ664 Corp BondUS69371RQ664 | View | |
| US69371RS231 Corp BondUS69371RS231 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| PCAR 46 10 JAN 28 Corp BondUS69371RS314 | View |
Understand PACCAR's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing PACCAR's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1543 | |||
| Market Risk Adjusted Performance | 0.2361 | |||
| Mean Deviation | 1.26 | |||
| Semi Deviation | 1.14 | |||
| Downside Deviation | 1.42 | |||
| Coefficient Of Variation | 514.23 | |||
| Standard Deviation | 1.76 | |||
| Variance | 3.1 | |||
| Information Ratio | 0.1164 | |||
| Jensen Alpha | 0.1449 | |||
| Total Risk Alpha | 0.0385 | |||
| Sortino Ratio | 0.1441 | |||
| Treynor Ratio | 0.2261 | |||
| Maximum Drawdown | 10.18 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 3.32 | |||
| Downside Variance | 2.02 | |||
| Semi Variance | 1.29 | |||
| Expected Short fall | (1.51) | |||
| Skewness | 0.8117 | |||
| Kurtosis | 3.34 |
| Risk Adjusted Performance | 0.1543 | |||
| Market Risk Adjusted Performance | 0.2361 | |||
| Mean Deviation | 1.26 | |||
| Semi Deviation | 1.14 | |||
| Downside Deviation | 1.42 | |||
| Coefficient Of Variation | 514.23 | |||
| Standard Deviation | 1.76 | |||
| Variance | 3.1 | |||
| Information Ratio | 0.1164 | |||
| Jensen Alpha | 0.1449 | |||
| Total Risk Alpha | 0.0385 | |||
| Sortino Ratio | 0.1441 | |||
| Treynor Ratio | 0.2261 | |||
| Maximum Drawdown | 10.18 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 3.32 | |||
| Downside Variance | 2.02 | |||
| Semi Variance | 1.29 | |||
| Expected Short fall | (1.51) | |||
| Skewness | 0.8117 | |||
| Kurtosis | 3.34 |
Consider PACCAR's intraday indicators
PACCAR intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of PACCAR stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 11472.91 | |||
| Daily Balance Of Power | 0.6508 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 116.83 | |||
| Day Typical Price | 116.89 | |||
| Price Action Indicator | 0.58 | |||
| Period Momentum Indicator | 0.82 | |||
| Relative Strength Index | 67.68 |
PACCAR Corporate Filings
8K | 4th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 1st of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 30th of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F3 | 3rd of September 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
PACCAR Stock media impact
Far too much social signal, news, headlines, and media speculation about PACCAR that are available to investors today. That information is available publicly through PACCAR media outlets and privately through word of mouth or via PACCAR internal channels. However, regardless of the origin, that massive amount of PACCAR data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of PACCAR news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of PACCAR relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to PACCAR's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive PACCAR alpha.
PACCAR Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards PACCAR can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
PACCAR Inc Historical Investor Sentiment
Investor biases related to PACCAR's public news can be used to forecast risks associated with an investment in PACCAR. The trend in average sentiment can be used to explain how an investor holding PACCAR can time the market purely based on public headlines and social activities around PACCAR Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
PACCAR's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for PACCAR and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average PACCAR news discussions. The higher the estimate score, the more favorable the investor's outlook on PACCAR.
PACCAR Corporate Executives
Elected by the shareholders, the PACCAR's board of directors comprises two types of representatives: PACCAR inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PACCAR. The board's role is to monitor PACCAR's management team and ensure that shareholders' interests are well served. PACCAR's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, PACCAR's outside directors are responsible for providing unbiased perspectives on the board's policies.
Additional Tools for PACCAR Stock Analysis
When running PACCAR's price analysis, check to measure PACCAR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PACCAR is operating at the current time. Most of PACCAR's value examination focuses on studying past and present price action to predict the probability of PACCAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PACCAR's price. Additionally, you may evaluate how the addition of PACCAR to your portfolios can decrease your overall portfolio volatility.