Paccar (PCAR) stock closed down 0.92%, upcoming earnings report shows optimism

From Nasdaq: 2024-12-30 18:15:22

Paccar (PCAR) closed at $103.61, down 0.92% from the previous day, outperforming the S&P 500. Prior to this, the company’s shares had lost 10.62% in the past month. The upcoming earnings report on January 28, 2025, projects an EPS of $1.67 and revenue of $7.41 billion, with analyst estimates reflecting optimism.

In terms of valuation, Paccar’s Forward P/E ratio stands at 13.2, higher than the industry average of 11.68. The company’s PEG ratio of 1.65 factors in expected earnings growth. The Automotive – Domestic industry, part of the Auto-Tires-Trucks sector, currently ranks in the bottom 41% of all industries.

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Read more at Nasdaq: Paccar (PCAR) Stock Moves -0.92%: What You Should Know