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Paccar (PCAR) Outperforms Broader Market: What You Need to Know
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Paccar (PCAR - Free Report) ended the recent trading session at $110.81, demonstrating a +2.07% change from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.33%. Elsewhere, the Dow saw an upswing of 1.08%, while the tech-heavy Nasdaq appreciated by 0.08%.
The truck maker's stock has dropped by 8.17% in the past month, falling short of the Auto-Tires-Trucks sector's loss of 1.42% and the S&P 500's gain of 1.41%.
The upcoming earnings release of Paccar will be of great interest to investors. The company's earnings report is expected on October 27, 2026. The company is expected to report EPS of $1.61, up 43.75% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $7.56 billion, up 23.87% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.91 per share and a revenue of $28.62 billion, indicating changes of +17.96% and +9.08%, respectively, from the former year.
Any recent changes to analyst estimates for Paccar should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Currently, Paccar is carrying a Zacks Rank of #3 (Hold).
Investors should also note Paccar's current valuation metrics, including its Forward P/E ratio of 18.38. Its industry sports an average Forward P/E of 15.72, so one might conclude that Paccar is trading at a premium comparatively.
It's also important to note that PCAR currently trades at a PEG ratio of 1.24. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Automotive - Domestic industry had an average PEG ratio of 0.97.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 99, which puts it in the top 41% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
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Paccar (PCAR) Outperforms Broader Market: What You Need to Know
Paccar (PCAR - Free Report) ended the recent trading session at $110.81, demonstrating a +2.07% change from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.33%. Elsewhere, the Dow saw an upswing of 1.08%, while the tech-heavy Nasdaq appreciated by 0.08%.
The truck maker's stock has dropped by 8.17% in the past month, falling short of the Auto-Tires-Trucks sector's loss of 1.42% and the S&P 500's gain of 1.41%.
The upcoming earnings release of Paccar will be of great interest to investors. The company's earnings report is expected on October 27, 2026. The company is expected to report EPS of $1.61, up 43.75% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $7.56 billion, up 23.87% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.91 per share and a revenue of $28.62 billion, indicating changes of +17.96% and +9.08%, respectively, from the former year.
Any recent changes to analyst estimates for Paccar should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Currently, Paccar is carrying a Zacks Rank of #3 (Hold).
Investors should also note Paccar's current valuation metrics, including its Forward P/E ratio of 18.38. Its industry sports an average Forward P/E of 15.72, so one might conclude that Paccar is trading at a premium comparatively.
It's also important to note that PCAR currently trades at a PEG ratio of 1.24. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Automotive - Domestic industry had an average PEG ratio of 0.97.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 99, which puts it in the top 41% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.