PACCAR IncPCAR
▲ PositiveCapitalrelevance
Analysts raise EPS estimates and Zacks Rank #2 (Buy) indicates positive outlook.
Impact on stocks 1
Industrials
PACCAR IncPaccar Outperforms Market, Analysts Raise Estimates
Analyst
Paccar (PCAR) shares rose 1.95% to close at $124.51, outpacing the S&P 500's 1.06% gain, though the stock has lagged over the past month, falling 8.41% while its sector gained 7.67%. For the upcoming earnings report, analysts project EPS of $1.61, a 43.75% increase year-over-year, and revenue of $7.54 billion, up 23.48%. For the full fiscal year, consensus estimates call for earnings of $5.89 per share and revenue of $28.53 billion, representing increases of 17.56% and 8.74%, respectively. The Zacks Consensus EPS estimate has risen 0.68% in the past month, and Paccar holds a Zacks Rank of #2 (Buy). The stock trades at a forward P/E of 20.75, a premium to its industry average of 18.64, and its PEG ratio of 1.4 exceeds the industry's 1.11.
PACCAR IncAnalysts raise EPS estimates and Zacks Rank #2 (Buy) indicates positive outlook.