Paccar Inc Stock Buy Hold or Sell Recommendation
| PCAR Stock | USD 113.76 2.17 1.87% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding PACCAR Inc is 'Strong Buy'. Macroaxis provides PACCAR buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PACCAR positions. The advice algorithm takes into account all of PACCAR's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting PACCAR's buy or sell advice are summarized below:
Real Value 112.27 | Target Price 91.14 | Hype Value 113.87 | Market Value 113.76 | Naive Value 110.98 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell PACCAR Inc given historical horizon and risk tolerance towards PACCAR. When Macroaxis issues a 'buy' or 'sell' recommendation for PACCAR Inc, the advice is generated through an automated system that utilizes algorithms and statistical models.
PACCAR |
Execute PACCAR Buy or Sell Advice
The PACCAR recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on PACCAR Inc. Macroaxis does not own or have any residual interests in PACCAR Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute PACCAR's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
PACCAR Trading Alerts and Improvement Suggestions
| PACCAR Inc is unlikely to experience financial distress in the next 2 years | |
| About 69.0% of the company shares are owned by institutional investors | |
| On 6th of March 2024 PACCAR paid $ 0.27 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Genuine Parts Q1 Earnings Beat, Sales Miss Estimates |
PACCAR Returns Distribution Density
The distribution of PACCAR's historical returns is an attempt to chart the uncertainty of PACCAR's future price movements. The chart of the probability distribution of PACCAR daily returns describes the distribution of returns around its average expected value. We use PACCAR Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of PACCAR returns is essential to provide solid investment advice for PACCAR.
| Mean Return | 0.30 | Value At Risk | -1.37 | Potential Upside | 2.07 | Standard Deviation | 1.15 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of PACCAR historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
PACCAR Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as PACCAR is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading PACCAR Inc backward and forwards among themselves. PACCAR's institutional investor refers to the entity that pools money to purchase PACCAR's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Alliancebernstein L.p. | 2023-12-31 | 5.1 M | Fisher Asset Management, Llc | 2023-12-31 | 4.9 M | Norges Bank | 2023-12-31 | 4.6 M | Legal & General Group Plc | 2023-12-31 | 4.5 M | Amvescap Plc. | 2023-12-31 | 3.8 M | Bank Of New York Mellon Corp | 2023-12-31 | 3.8 M | Citadel Advisors Llc | 2023-09-30 | 3.6 M | U.s. Bancorp | 2023-12-31 | 3.6 M | Ontario Teachers Pension Plan Board | 2023-12-31 | 3.5 M | Vanguard Group Inc | 2023-12-31 | 62.2 M | Blackrock Inc | 2023-12-31 | 36.7 M |
PACCAR Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 24.6M | (48.2M) | (610.3M) | (272.7M) | (350.7M) | (333.2M) | |
| Change In Cash | 739.2M | (635.5M) | (111.3M) | 1.3B | (2.3B) | (2.2B) | |
| Free Cash Flow | 889.5M | 1.3B | 553.9M | 1.6B | 2.9B | 3.1B | |
| Depreciation | 1.1B | 1.0B | 903.3M | 790.2M | (923.9M) | (877.7M) | |
| Other Non Cash Items | (9.4M) | (251.4M) | (329.7M) | 207M | 1.8B | 1.9B | |
| Dividends Paid | 1.1B | 1.2B | 708M | 1.0B | (1.5B) | (1.4B) | |
| Capital Expenditures | 2.0B | 1.6B | 1.6B | 1.4B | 1.3B | 969.8M | |
| Net Income | 2.4B | 1.3B | 1.9B | 3.0B | 4.6B | 4.8B | |
| End Period Cash Flow | 4.2B | 3.5B | 3.4B | 4.7B | 2.4B | 1.7B | |
| Investments | (828.1M) | (909.9M) | (176.1M) | (2.0B) | (2.6B) | (2.5B) | |
| Change Receivables | (592.5M) | 993M | (322.1M) | (1.4B) | (1.2B) | (1.2B) | |
| Net Borrowings | 1.3B | (580.3M) | (210.9M) | 1.3B | 1.5B | 1.5B | |
| Change To Netincome | 77.1M | (136.2M) | (329.7M) | (227.7M) | (204.9M) | (194.7M) |
PACCAR Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to PACCAR or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that PACCAR's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a PACCAR stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.24 | |
β | Beta against NYSE Composite | 0.80 | |
σ | Overall volatility | 1.17 | |
Ir | Information ratio | 0.20 |
PACCAR Volatility Alert
PACCAR Inc has low volatility with Treynor Ratio of 0.36, Maximum Drawdown of 6.76 and kurtosis of 1.04. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure PACCAR's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact PACCAR's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.PACCAR Implied Volatility
PACCAR's implied volatility exposes the market's sentiment of PACCAR Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if PACCAR's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that PACCAR stock will not fluctuate a lot when PACCAR's options are near their expiration.
PACCAR Fundamentals Vs Peers
Comparing PACCAR's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze PACCAR's direct or indirect competition across all of the common fundamentals between PACCAR and the related equities. This way, we can detect undervalued stocks with similar characteristics as PACCAR or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of PACCAR's fundamental indicators could also be used in its relative valuation, which is a method of valuing PACCAR by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare PACCAR to competition |
| Fundamentals | PACCAR | Peer Average |
| Return On Equity | 0.32 | -0.31 |
| Return On Asset | 0.1 | -0.14 |
| Profit Margin | 0.13 % | (1.27) % |
| Operating Margin | 0.17 % | (5.51) % |
| Current Valuation | 65.38 B | 16.62 B |
| Shares Outstanding | 524.01 M | 571.82 M |
| Shares Owned By Insiders | 1.85 % | 10.09 % |
| Shares Owned By Institutions | 68.55 % | 39.21 % |
| Number Of Shares Shorted | 7.91 M | 4.71 M |
| Price To Earning | 14.12 X | 28.72 X |
| Price To Book | 3.90 X | 9.51 X |
| Price To Sales | 1.76 X | 11.42 X |
| Revenue | 33.32 B | 9.43 B |
| Gross Profit | 4.61 B | 27.38 B |
| EBITDA | 5.41 B | 3.9 B |
| Net Income | 4.6 B | 570.98 M |
| Cash And Equivalents | 4.76 B | 2.7 B |
| Cash Per Share | 13.70 X | 5.01 X |
| Total Debt | 14.38 B | 5.32 B |
| Debt To Equity | 0.81 % | 48.70 % |
| Current Ratio | 4.31 X | 2.16 X |
| Book Value Per Share | 30.34 X | 1.93 K |
| Cash Flow From Operations | 4.19 B | 971.22 M |
| Short Ratio | 3.26 X | 4.00 X |
| Earnings Per Share | 8.76 X | 3.12 X |
| Price To Earnings To Growth | 1.18 X | 4.89 X |
| Target Price | 117.83 | |
| Number Of Employees | 32.4 K | 18.84 K |
| Beta | 0.92 | -0.15 |
| Market Capitalization | 59.61 B | 19.03 B |
| Total Asset | 40.82 B | 29.47 B |
| Retained Earnings | 15.78 B | 9.33 B |
| Working Capital | 19.22 B | 1.48 B |
Note: Disposition of 223 shares by John Rich of PACCAR at 110.89 subject to Rule 16b-3 [view details]
PACCAR Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as PACCAR . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 63363.12 | |||
| Daily Balance Of Power | (0.69) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 115.29 | |||
| Day Typical Price | 114.78 | |||
| Price Action Indicator | (2.61) | |||
| Period Momentum Indicator | (2.17) |
About PACCAR Buy or Sell Advice
When is the right time to buy or sell PACCAR Inc? Buying financial instruments such as PACCAR Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 10.8B | 16.2B | 14.4B | 15.1B | Total Assets | 29.3B | 33.3B | 40.8B | 42.9B |
Use Investing Ideas to Build Portfolios
In addition to having PACCAR in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Soft Drinks
Entities manufacturing and distributing non alcoholic beverages across different markets. The Soft Drinks theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Soft Drinks Theme or any other thematic opportunities.
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Check out PACCAR Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the PACCAR Inc information on this page should be used as a complementary analysis to other PACCAR's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for PACCAR Stock analysis
When running PACCAR's price analysis, check to measure PACCAR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PACCAR is operating at the current time. Most of PACCAR's value examination focuses on studying past and present price action to predict the probability of PACCAR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PACCAR's price. Additionally, you may evaluate how the addition of PACCAR to your portfolios can decrease your overall portfolio volatility.
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Is PACCAR's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PACCAR. If investors know PACCAR will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PACCAR listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.528 | Dividend Share 1.04 | Earnings Share 8.76 | Revenue Per Share 67.05 | Quarterly Revenue Growth 0.117 |
The market value of PACCAR Inc is measured differently than its book value, which is the value of PACCAR that is recorded on the company's balance sheet. Investors also form their own opinion of PACCAR's value that differs from its market value or its book value, called intrinsic value, which is PACCAR's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PACCAR's market value can be influenced by many factors that don't directly affect PACCAR's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PACCAR's value and its price as these two are different measures arrived at by different means. Investors typically determine if PACCAR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PACCAR's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.