Paccar (PCAR) closed slightly up, but did not perform as well as the market
From Nasdaq: 2025-03-14 18:00:05
Paccar (PCAR) closed at $99.18, up 0.77% from the previous day, while the S&P 500 saw a 2.13% gain. Analysts are closely watching the upcoming earnings report, with projected EPS of $1.62 and revenue of $7.22 billion. Recent changes in analyst estimates may indicate future stock performance, with Paccar currently holding a Zacks Rank of #3 (Hold).
With a Forward P/E ratio of 13, Paccar is trading at a premium compared to the industry average. The PEG ratio of 2.56 takes into account expected earnings growth. The Auto-Tires-Trucks sector, which includes Paccar, has a Zacks Industry Rank of 160. Zacks Research Chief has identified a stock with the potential to double in the coming months, based on innovative solutions and a growing customer base.
Read more at Nasdaq: Paccar (PCAR) Increases Yet Falls Behind Market: What Investors Need to Know
