A Glimpse Into The Expert Outlook On PACCAR Through 12 Analysts

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During the last three months, 12 analysts shared their evaluations of PACCAR PCAR, revealing diverse outlooks from bullish to bearish.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 4 7 0 0
Last 30D 1 0 0 0 0
1M Ago 0 1 1 0 0
2M Ago 0 0 3 0 0
3M Ago 0 3 3 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $119.54, along with a high estimate of $129.00 and a low estimate of $107.00. This upward trend is evident, with the current average reflecting a 3.65% increase from the previous average price target of $115.33.

price target chart

Investigating Analyst Ratings: An Elaborate Study

The standing of PACCAR among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Ross Gilardi B of A Securities Raises Buy $121.50 $116.00
Tami Zakaria JP Morgan Raises Overweight $125.00 $122.00
Jamie Cook Truist Securities Raises Hold $110.00 $107.00
Kyle Menges Citigroup Raises Neutral $125.00 $120.00
Stephen Volkmann Jefferies Maintains Hold $120.00 $120.00
Kyle Menges Citigroup Raises Neutral $120.00 $110.00
David Raso Evercore ISI Group Raises Outperform $129.00 $99.00
Nick Housden RBC Capital Maintains Sector Perform $119.00 $119.00
Kyle Menges Citigroup Raises Neutral $110.00 $108.00
Jamie Cook Truist Securities Raises Hold $107.00 $103.00
Angel Castillo Morgan Stanley Lowers Overweight $126.00 $135.00
Tami Zakaria JP Morgan Lowers Overweight $122.00 $125.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to PACCAR. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of PACCAR compared to the broader market.
  • Price Targets: Gaining insights, analysts provide estimates for the future value of PACCAR's stock. This comparison reveals trends in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of PACCAR's market position. Stay informed and make well-informed decisions with our Ratings Table.

Stay up to date on PACCAR analyst ratings.

Get to Know PACCAR Better

Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt (primarily sold in the NAFTA region and Australia), and DAF trucks (sold in Europe and South America). The company's trucks are sold through more than 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands roughly 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.

PACCAR's Economic Impact: An Analysis

Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.

Revenue Challenges: PACCAR's revenue growth over 3 months faced difficulties. As of 30 September, 2024, the company experienced a decline of approximately -5.25%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.

Net Margin: PACCAR's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 11.8%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): PACCAR's ROE excels beyond industry benchmarks, reaching 5.35%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): PACCAR's ROA excels beyond industry benchmarks, reaching 2.3%. This signifies efficient management of assets and strong financial health.

Debt Management: With a below-average debt-to-equity ratio of 0.83, PACCAR adopts a prudent financial strategy, indicating a balanced approach to debt management.

Understanding the Relevance of Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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