PACCAR Inc (NASDAQ:PCAR) shares fell to a low of $93.80 before closing at $95.23. Intraday shares traded counted 2.9 million, which was -58.53% lower than its 30-day average trading volume of 1.83M. PCAR’s previous close was $93.44 while the outstanding shares total 347.10M. The firm has a beta of 1.04, a 12-month trailing P/E ratio of 25.48, and a growth ratio of 1.13. The stock’s Relative Strength Index (RSI) is 53.31, with weekly volatility at 3.82% and ATR at 3.03. The PCAR stock’s 52-week price range has touched low of $48.71 and a $103.19 high. The stock traded higher over the last trading session, gaining 1.92% on 03/09/21.
Investors have identified the Farm & Heavy Construction Machinery company PACCAR Inc as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $32.42 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
PACCAR Inc (PCAR) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For PCAR, the company has in raw cash 3.54 billion on their books with 3.34 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 19.72 billion total, with 7.56 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 6.60 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on PCAR sounds very interesting.
Is the stock of PCAR attractive?
In related news, SENIOR VICE PRESIDENT, DOZIER C MICHAEL sold 14,220 shares of the company’s stock in a transaction that recorded on Feb 16. The sale was performed at an average price of 96.96, for a total value of 1,378,713. As the sale deal closes, the VICE PRESIDENT, HUBBARD TODD R now sold 3,326 shares of the company’s stock, valued at 332,600. Also, PRESIDENT & CFO, SCHIPPERS HARRIE sold 10,000 shares of the company’s stock in a deal that was recorded on Feb 09. The shares were price at an average price of 99.13 per share, with a total market value of 991,326. Following this completion of acquisition, the PRESIDENT & CFO, SCHIPPERS HARRIE now holds 7,848 shares of the company’s stock, valued at 756,838. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.40%.
5 out of 19 analysts covering the stock have rated it a Buy, while 11 have maintained a Hold recommendation on PACCAR Inc. 1 analysts has assigned a Sell rating on the PCAR stock. The 12-month mean consensus price target for the company’s shares has been set at $99.20.