Stock To Watch: PACCAR Inc. (NASDAQ:PCAR)


The leading market experts have placed a mean price target of $57.00 on PACCAR Inc. (NASDAQ:PCAR) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.94 a share for the upcoming quarter and $3.97 for the current fiscal. Technical View The technical analysis of PACCAR Inc. plainly substantiates that the 50-day moving average of PACCAR Inc. is $54.06, and stock is hovering 4.22 or +7.80% distant from $54.06. It is noted that the 200-day MA is $53.50, and PACCAR Inc. stock is $4.78 or +8.93% off from this point. PACCAR Inc. (NASDAQ:PCAR) 52-week high is $64.64 and the 52-week low is $43.46. This explains if the stock moves $-6.36, it will post a 52-week high. In event of $+34.10% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of PACCAR Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, PACCAR Inc. (NASDAQ:PCAR) ratio came in at 30.93. The stock last ended the trading session at $58.28 and registered a market cap of $20.43B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. PACCAR Inc. (NASDAQ:PCAR) PEG ratio is at 2.84.

1 Chart Pattern Every Investor Should Know

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