Group 1 - Paccar's stock closed at $94.97, reflecting a +1.84% change from the previous trading day, outperforming the S&P 500's gain of 1.16% [1] - Over the past month, Paccar's stock has increased by 0.42%, which is below the Auto-Tires-Trucks sector's gain of 4.18% and the S&P 500's gain of 3.48% [1] Group 2 - Paccar is set to announce its earnings on October 22, 2024, with an expected EPS of $1.82, representing a 22.22% decline year-over-year [2] - The anticipated revenue for the same quarter is $7.56 billion, indicating an 8.13% decrease compared to the previous year [2] Group 3 - For the full year, earnings are projected at $8.08 per share and revenue at $31.84 billion, reflecting changes of -15.92% and -4.44% respectively from the prior year [3] Group 4 - Recent changes in analyst estimates for Paccar are crucial as they reflect the shifting dynamics of short-term business patterns, with positive revisions indicating analysts' confidence in the company's performance [4] Group 5 - The Zacks Rank system, which includes estimate changes, currently ranks Paccar at 3 (Hold), with a recent 0.1% increase in the Zacks Consensus EPS estimate [6] Group 6 - Paccar has a Forward P/E ratio of 11.54, which is lower than the industry average of 12.63, suggesting it is trading at a discount [7] - The company's PEG ratio is 1.44, compared to the average PEG ratio of 1.39 for the Automotive - Domestic industry [7] Group 7 - The Automotive - Domestic industry, which includes Paccar, has a Zacks Industry Rank of 149, placing it in the bottom 42% of over 250 industries [8]
Paccar (PCAR) Laps the Stock Market: Here's Why