For its third fiscal quarter (ending September 30), PACCAR Inc (NASDAQ: PCAR) has reported E.P.S. of $1.85 compared to $2.35 a year ago. For the latest four quarters through September 30, E.P.S. were $8.96 compared to $7.84 a year ago.
Recent Price Action
On 10/22/24, PACCAR Inc (NASDAQ: PCAR) stock declined by -4.4%, closing at $104.79. Moreover, trading volume in this decline was exceptionally high at 285% of normal. The stock has been weak relative to the market over the last nine months and has declined -3.2% during the last week.
Current PriceTarget Research Rating
PCAR is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
PACCAR has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. PACCAR has a neutral Appreciation Score of 55 but a poor Power Rating of 27, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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