The Street Is Finally Waking Up To Paccar Inc. (NASDAQ: PCAR)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed PACCAR Achieves Record Annual Revenues and Net Income.

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Stocks Info

Paccar Inc. is listed on the NASDAQ as a member of the Industrials sector and is a part of the Farm & Heavy Construction Machinery industry. At the end of the last regular session, the stock closed at $104.23 and fluctuated between $105.00 as its day high and $103.63 as its day low. The current market capitalization of Paccar Inc. is $54.52B. A total of 2.12 million shares were traded on the day, compared to an average of 2.24M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, PCAR has seen 1 BUY and 1 SELL insider trades, representing the acquisition of 32,198 and the disposition of 32,198 shares. Over the last 12 months, there were 51 BUYs and 22 SELLs from insiders. Insiders purchased 341,834 shares during that period but sold 308,669.

In the most recent transaction, FEIGHT R PRESTON sold 27,320 shares of PCAR for 103.17 per share on Feb 02. After the transaction, the CHIEF EXECUTIVE OFFICER now owns 145,495 company shares. In a previous transaction on Feb 01, HUBBARD TODD R sold 4,829 shares at 102.12 per share. PCAR shares that VICE PRESIDENT owns now total 5,726.

Among the insiders who sold shares, Poplawski Brice J disposed of 4,000 shares on Feb 01 at a per-share price of $101.94. This resulted in the Vice President & Controller holding 0 shares of PCAR after the transaction. In another insider transaction, PIGOTT MARK C sold 74,347 shares at $101.93 per share on Jan 30. Company shares held by the Executive Chairman now total 4,843,277.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Paccar Inc. pays an annual dividend of $3.54, resulting in a dividend yield of 3.39%, and it has a price to earnings (P/E) ratio of 11.89. PCAR’s most recent ex-dividend date was 2/14/2024 when it declared a $0.27 quarterly dividend that was paid in cash on 3/6/2024. Previously, the company paid the dividend on 3/6/2024 with an ex-dividend date of 2/14/2024. The PCAR stock dividend was $3.20 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for PCAR in the last 3 months, the mean price target is $105.64 with high estimates of $125.00 and low estimates of $93.00. In terms of 52-week highs and lows, PCAR has a high of $104.37 and a low of $65.28.

As of this writing, PCAR has an earnings estimate of $2.15 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of $2.25 per share and a lower estimate of $2.03. The company reported an EPS of $2.34 in the last quarter, which was 10.40% higher than expectations of $2.12.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. PCAR’s latest balance sheet shows that the firm has $4.99B in Cash & Short Term Investments as of fiscal 2021. There were $10.76B in debt and $8.10B in liabilities at the time. Its Book Value Per Share was $30.34, while its Total Shareholder’s Equity was $11.59B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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 3.64.

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