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Paccar (PCAR) Registers a Bigger Fall Than the Market: Important Facts to Note
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In the latest close session, Paccar (PCAR - Free Report) was down 1.48% at $124.33. The stock fell short of the S&P 500, which registered a loss of 0.19% for the day. At the same time, the Dow lost 0.59%, and the tech-heavy Nasdaq lost 0.05%.
The stock of truck maker has risen by 6.09% in the past month, leading the Auto-Tires-Trucks sector's loss of 2.3% and the S&P 500's gain of 0.55%.
Market participants will be closely following the financial results of Paccar in its upcoming release. The company plans to announce its earnings on July 28, 2026. The company's earnings per share (EPS) are projected to be $1.34, reflecting a 2.19% decrease from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $7.11 billion, up 2.08% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.65 per share and a revenue of $28.26 billion, indicating changes of +12.77% and +7.72%, respectively, from the former year.
Investors should also note any recent changes to analyst estimates for Paccar. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 1.16% higher. Paccar is currently a Zacks Rank #3 (Hold).
In terms of valuation, Paccar is currently trading at a Forward P/E ratio of 22.32. This indicates a premium in contrast to its industry's Forward P/E of 18.86.
One should further note that PCAR currently holds a PEG ratio of 1.16. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. PCAR's industry had an average PEG ratio of 1.01 as of yesterday's close.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 163, which puts it in the bottom 34% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
View the Zacks #1 Rank List
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Paccar (PCAR) Registers a Bigger Fall Than the Market: Important Facts to Note
In the latest close session, Paccar (PCAR - Free Report) was down 1.48% at $124.33. The stock fell short of the S&P 500, which registered a loss of 0.19% for the day. At the same time, the Dow lost 0.59%, and the tech-heavy Nasdaq lost 0.05%.
The stock of truck maker has risen by 6.09% in the past month, leading the Auto-Tires-Trucks sector's loss of 2.3% and the S&P 500's gain of 0.55%.
Market participants will be closely following the financial results of Paccar in its upcoming release. The company plans to announce its earnings on July 28, 2026. The company's earnings per share (EPS) are projected to be $1.34, reflecting a 2.19% decrease from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $7.11 billion, up 2.08% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.65 per share and a revenue of $28.26 billion, indicating changes of +12.77% and +7.72%, respectively, from the former year.
Investors should also note any recent changes to analyst estimates for Paccar. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 1.16% higher. Paccar is currently a Zacks Rank #3 (Hold).
In terms of valuation, Paccar is currently trading at a Forward P/E ratio of 22.32. This indicates a premium in contrast to its industry's Forward P/E of 18.86.
One should further note that PCAR currently holds a PEG ratio of 1.16. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. PCAR's industry had an average PEG ratio of 1.01 as of yesterday's close.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 163, which puts it in the bottom 34% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.