With 1.8 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.21 million shares. The 52-week range on PCAR shows that it touched its highest point at $122.00 and its lowest point at $87.53 during that stretch. It currently has a 1-year price target of $117.67. With its current market cap of 55.82 billion, PCAR has annualized dividend of $1.23 while the current yield stands at 1.16%. Beta for the stock currently stands at 0.90.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PCAR was up-trending over the past week, with a rise of 3.25%, but this was down by -3.31% over a month. Three-month performance dropped to -2.44% while six-month performance rose 14.11%. The stock gained 1.62% in the past year, while it has gained 2.35% so far this year. A look at the trailing 12-month EPS for PCAR yields 7.90 with Next year EPS estimates of 9.01. For the next quarter, that number is 1.63. This implies an EPS growth rate of -5.18% for this year and 20.25% for next year. EPS is expected to decline by -0.70% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 11.51%.
Float and Shares Shorts:
At present, 524.40 million PCAR shares are outstanding with a float of 514.73 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PCAR since 11 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $7.95691 being high and $7.90686 being low. For PCAR, this leads to a yearly average estimate of $7.93689. Based on analyst estimates, the high estimate for the next quarter is $1.9 and the low estimate is $1.73. The average estimate for the next quarter is thus $1.82.
