
PACCAR Inc (PCAR)
106.89 USD +3.92 (+3.81%) Volume: 3.28M
Explore PACCAR Inc’s stock price performance, currently at 106.89 USD, witnessing a positive trading session with a +3.81% increase and a robust trading volume of 3.28M. With a year-to-date percentage change of +2.10%, PCAR stock continues to display promising growth potential for investors.
Latest developments on PACCAR Inc
Recent stock movements for Paccar Inc (NASDAQ:PCAR) have been influenced by various investment activities. Victory Capital Management Inc. holds $108.56 million in Paccar stock, while Commerzbank Aktiengesellschaft FI has made a new investment in the company. Charles Schwab Investment Management Inc. also has significant stock holdings of $327.60 million in Paccar. However, Eliot Finkel Investment Counsel LLC recently sold 5,097 shares of Paccar stock. On the other hand, Kinsale Capital Group Inc. bought shares of Paccar, while Flputnam Investment Management Co. holds $9.42 million in Paccar stock. SVB Wealth LLC purchased 4,173 shares of Paccar, and Mitchell Capital Management Co. bought 54,472 shares. QRG Capital Management Inc. has $37.07 million in Paccar stock holdings, and Mn Services Vermogensbeheer B.V. recently raised their stock holdings in the company. Oppenheimer Asset Management Inc. also bought 3,573 shares of Paccar stock, indicating a mix of buying and selling activities affecting the stock price.
PACCAR Inc on Smartkarma
Analysts at Baptista Research on Smartkarma have been closely following Paccar Inc, a leading manufacturer of high-quality trucks like Kenworth and Peterbilt. In their recent research reports, Baptista Research highlighted Paccar’s strong financial performance in the fourth quarter of 2024, with revenues reaching $33.7 billion and a net income of $4.2 billion. This marked the company’s second-highest profit in its history, showcasing its ability to produce top-notch transportation solutions.
Furthermore, Baptista Research emphasized Paccar’s focus on the vocational truck market and aftermarket parts as key drivers of growth. The company’s third-quarter 2024 financial results reflected this strategy, with earnings of $972 million on revenues of $8.2 billion. Paccar’s after-tax return on revenue stood at an impressive 11.8%, underscoring its industry leadership and operational efficiency. With a bullish sentiment, analysts are optimistic about Paccar’s potential to capture market share and boost revenue in the European market.
A look at PACCAR Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma Smart Scores, Paccar Inc has a positive long-term outlook based on its overall scores. The company scores well in growth and momentum, indicating a promising future for its business expansion and market performance. Additionally, Paccar Inc shows resilience and value, reflecting its ability to withstand economic challenges and provide good investment opportunities. With a moderate dividend score, the company also offers potential returns to investors.
Paccar Inc, a company that designs and manufactures trucks and provides related services, has received favorable ratings in key areas such as growth and momentum. This suggests that the company is on track for continued success and market competitiveness. With solid scores in resilience and value, Paccar Inc demonstrates stability and attractiveness for investors looking for long-term prospects in the industry. Although the dividend score is average, the overall outlook for Paccar Inc remains positive based on the Smartkarma Smart Scores.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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