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Wednesday, September 27, 2023

An Evaluation Of PACCAR Inc (NASDAQ: PCAR) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for PACCAR Inc (PCAR) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.29, or 0.35%, to $83.04. The PACCAR Inc has recorded 394,391 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Accelera by Cummins, Daimler Truck and PACCAR form a joint venture to advance battery cell production in the United States.

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Stocks Info

PCAR belongs to the Industrials sector of the NASDAQ while operating in the Farm & Heavy Construction Machinery industry. At the end of the last regular session, the stock closed at $82.75 and fluctuated between $83.00 as its day high and $81.66 as its day low. The current market capitalization of PACCAR Inc is $42.63B. A total of 2.67 million shares were traded on the day, compared to an average of 2.43M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, PCAR has seen 5 BUY and 4 SELL insider trades, representing the acquisition of 142,060 and the disposition of 142,059 shares. Over the last 12 months, there were 73 BUYs and 34 SELLs from insiders. Insiders purchased 562,968 shares during that period but sold 460,160.

In the most recent transaction, FEIGHT R PRESTON sold 56,000 shares of PCAR for 85.96 per share on Aug 02. After the transaction, the CHIEF EXECUTIVE OFFICER now owns 128,105 company shares. In a previous transaction on Aug 02, SCHIPPERS HARRIE sold 24,000 shares at 86.07 per share. PCAR shares that PRESIDENT & CFO owns now total 93,522.

Among the insiders who sold shares, FEIGHT R PRESTON disposed of 56,059 shares on Aug 01 at a per-share price of $86.07. This resulted in the CHIEF EXECUTIVE OFFICER holding 128,105 shares of PCAR after the transaction. In another insider transaction, HUBBARD TODD R sold 6,000 shares at $85.19 per share on Jul 28. Company shares held by the VICE PRESIDENT now total 3,230.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. PACCAR Inc pays an annual dividend of $1.08, resulting in a dividend yield of 1.31%, and it has a price to earnings (P/E) ratio of 16.13. PCAR’s most recent ex-dividend date was 8/16/2023 when it declared a $0.27 quarterly dividend that was paid in cash on 9/7/2023. Previously, the company paid the dividend on 6/7/2023 with an ex-dividend date of 5/16/2023. The PCAR stock dividend was $0.25 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for PCAR in the last 3 months, the mean price target is $90.41 with high estimates of $115.00 and low estimates of $78.00. In terms of 52-week highs and lows, PCAR has a high of $90.05 and a low of $53.15.

As of this writing, PCAR has an earnings estimate of $2.12 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $2.33 per share and a lower estimate of $1.96. The company reported an EPS of $2.25 in the last quarter, which was 24.30% higher than expectations of $1.81.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. PCAR’s latest balance sheet shows that the firm has $4.81B in Cash & Short Term Investments as of fiscal 2021. There were $10.76B in debt and $6.22B in liabilities at the time. Its Book Value Per Share was $19.19, while its Total Shareholder’s Equity was $11.44B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PCAR is Buy with a score of 3.38.

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