Paccar (PCAR) Outperforms Broader Market: What You Need to Know

Company Performance - Paccar (PCAR) closed at $94.01, marking a +2.46% increase from the previous day, outperforming the S&P 500's gain of 1.11% [1] - Over the past month, Paccar's shares have depreciated by 1.6%, underperforming the Auto-Tires-Trucks sector's gain of 0.34% and the S&P 500's gain of 3.92% [1] Earnings Expectations - Paccar is expected to report EPS of $1.29, down 39.44% from the prior-year quarter, with a revenue estimate of $6.81 billion, indicating a 17.63% decrease from the same quarter last year [2] - For the entire fiscal year, earnings are projected at $5.72 per share and revenue at $27.75 billion, representing declines of -27.59% and -12.09% respectively from the prior year [3] Analyst Estimates and Rankings - Recent changes in analyst estimates for Paccar reflect evolving short-term business trends, with upward revisions indicating analysts' positivity towards the company's operations [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Paccar at 5 (Strong Sell), with a recent EPS estimate increase of 0.35% [6] Valuation Metrics - Paccar has a Forward P/E ratio of 16.05, which is a premium compared to the industry average Forward P/E of 11.45 [7] - The company has a PEG ratio of 3.39, significantly higher than the Automotive - Domestic industry's average PEG ratio of 1.14 [7] Industry Context - The Automotive - Domestic industry, part of the Auto-Tires-Trucks sector, has a Zacks Industry Rank of 209, placing it in the bottom 16% of over 250 industries [8]