PACCAR stock: buy or sell?

PCAR stock price: $64.88 0.62% At close on August 19th, 2019

Updated on:
August 19th, 2019

2

PACCAR shares appreciated 0.62% to $64.88 today. With Monday, it's been 3 green sessions in a row, adding $1.54 or 2.32%.

PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Europe, and internationally.

Should I buy PACCAR stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with PACCAR stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean PCAR will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is PACCAR stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 8 ratings published for PCAR stock in the last 30 days.

The general sentiment of these ratings is bearish for PCAR stock, with 4 negative ratings.
Is PCAR a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-24Morgan Stanleyn/aUnderweight
2019-7-24JPMorgan Chase & Co.UnderweightNeutral
2019-7-24Credit Suisse Groupn/aNeutral
2019-7-2Loop CapitalHoldSell
2019-2-7Robert W. BairdNeutralOutperform
2019-2-5Piper Jaffray Companiesn/aOverweight
2019-1-7Vertical ResearchHoldSell
2019-1-10JPMorgan Chase & Co.NeutralUnderweight

PACCAR stock analysis

Daily outlook

PACCAR appreciated a slightly good 0.62% and closed at $64.88.

PACCAR appreciated a slightly good 0.62% and closed at $64.88. Since price and SMA200d lines crossed down on Wednesday, PCAR fell $-1.46 per share (-2.20%). PCAR marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $67.45 would break this short term down trend and open possibilities for reversing this situation.

PCAR stock chart (daily)

Weekly outlook

Shares of PACCAR grew a slightly good 0.62% this week. Late July PCAR plummed a scary -6.62% in just one week.

Since price and 40-weeks moving average lines crossed down early August, PCAR fell $-2.01 per share (-3.00%). Stocks below the 200 days moving average line are usually not recommended for average traders. Since mid March when SMA20w and SMA40w crossed up, PCAR price slipped $-2.13 per share (-3.18%).

PCAR stock chart (weekly)

PACCAR stock price history

PACCAR stock went public on March 17th, 1980 with a price of $0.421. Since then, PCAR stock grew a 15,347.60%, with a yearly average of 393.50%. If you had invested right after PCAR's IPO a $1,000 in PACCAR stock in 1980, it would worth $153,476.00 today.

1: Adjusted price after possible price splits or reverse-splits.

PACCAR stock historical price chart

PCAR stock reached 52-week highs on July at $72.50, and all-time highs 2018-01-29 with a price of 74.57.

PACCAR stock price target is $69.30

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we found 4 price predictions for PACCAR stock:
PCAR stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-7-24Morgan StanleyRaises Target$63.00$64.001.6%
2019-7-24Credit Suisse GroupRaises Target$74.00$76.002.7%
2019-7-2Loop CapitalDowngrades$70.00$62.00-11.4%
2019-2-5Piper Jaffray CompaniesRaises Targetn/a$75.00-
(in average)$69.00$69.300.0%
The price prediction for PACCAR stock is $69.30, moving in a range between $76.00 and $62.00. In average, analysts' outlook on PCAR price target is stable from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report on April, PACCAR slipped a fatal -8.31%. Unfortunately, reported EPS is not yet available in our database.
PCAR earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1.06n/a
2017-Q32017-10-241.081.145.6%
2017-Q42018-01-301.121.185.4%
2018-Q12018-04-241.311.4510.7%
2018-Q22018-07-241.431.5911.2%
2018-Q32018-10-231.51.553.3%
2018-Q42019-01-291.571.655.1%
2019-Q12019-04-221.65n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw an amazing growth of 20.76% to $23,495.70 million USD. When comparing 2018 vs 2017, nevertheless, profit margin (that is, the net income divided by revenues) remained stable a 0.73% to 9.34%.

PACCAR fiscal year ends in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, PACCAR TTM sales up to March 2019 were $24,329.30 and income $2,312.00 M USD. If we compare this TTM figures with the last reported annuality, we can review PACCAR business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, gained a fine 3.55%. Regarding profit margin, PACCAR remained constant 0.16% to 9.34%

PCAR annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$17,120 M-$1,170 M6.8%-
2014$18,997 M10.96%$1,359 M7.2%16.14%
2015$19,115 M0.62%$1,604 M8.4%18.05%
2016$17,033 M-10.89%$522 M3.1%-67.48%
2017$19,456 M14.23%$1,675 M8.6%221.10%
2018$23,496 M20.76%$2,195 M9.3%31.04%
TTM $24,329 M3.55%$2,312 M9.5%5.33%

Quarterly financial results

PACCAR posted $6,487.60 million in sales for 2019-Q1, a 3.31% up compared to previous quarter. Reported quarter income marked $629.00 M with a profit margin of 9.70%. Profit margin remained steady a 0.49% compared to previous quarter when profit margin was 9.21%. When comparing sales to same quarter last year, PACCAR sales marked a super good gain and rocketed a 14.74%. Looking back to recent quarterly results, PACCAR posted 2 negative quarters in a row.
PCAR quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$4,690 M-$373 M8.0%-
2017-Q3$5,060 M7.89%$403 M8.0%7.96%
2017-Q4$5,455 M7.80%$589 M10.8%46.31%
2018-Q1$5,654 M3.66%$512 M9.1%-13.09%
2018-Q2$5,805 M2.67%$560 M9.6%9.28%
2018-Q3$5,757 M-0.83%$545 M9.5%-2.56%
2018-Q4$6,280 M9.08%$578 M9.2%6.02%
2019-Q1$6,488 M3.31%$629 M9.7%8.80%

PACCAR ownership

When you are planning to invest in shares of a stock, it's worth to overview its ownership structure.

PACCAR shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 2.19% of all shares.

In case of PACCAR stock, 64.77% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for PCAR stock account 0.00%, no big difference from last month.

For a better context understanding, the following table shows ownership data compared to other related companies:

PCARFNAVOSKWNC
Market cap$22.5 B$35.1 B$2.4 B$0.0 M$778.8 M
Total shares346.4 M3,920.0 M99.2 M0.0 M55.4 M
Float shares340.0 M3,910.0 M49.1 M67.6 M53.1 M
  - Institutional holdings (%)64.8%7.6%79.5%93.0%98.8%
  - Insider holdings (%)2.2%23.8%17.1%1.1%2.6%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

PACCAR summary

Monday, August 19th, 2019
Open$65.69
Close$64.88
Day range$64.64 - $65.97
Previous close$64.48
Session gain0.62%
Average true range$1.94
50d mov avg$69.09
100d mov avg$68.93
200d mov avg$64.99
Daily patternlb06a
Weekly pattern

PACCAR performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We selected Ford Motor, Navistar International, Oshkosh and Wabash National as the bechmarking frame for PACCAR stock.
Stock3m6m12m
PCARPACCAR-3.50%-6.27%1.55%
FFord Motor-11.64%10.07%1.93%
NAVNavistar Internat...-23.93%-34.39%-44.09%
OSKOshkosh-6.99%-11.16%-0.20%
WNCWabash National-2.09%-1.61%-24.05%

PACCAR competitors

We selected a few stocks to conform a list of PACCAR competitors to review if you are interested in investing in PCAR:

Latest PACCAR stock news