PACCAR Stock Target Price and Analyst Consensus

PCAR Stock  USD 124.46  1.45  1.18%   
The current analyst and expert consensus on PACCAR is Buy with 13 hold recommendations. The current projected PACCAR target price consensus is 91.14 with 22 analyst opinions. One of the most common ways PACCAR Inc analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to PACCAR vendors, executives, and/or customers. PACCAR recommendation module provides expert sentiment on the projected PACCAR Inc target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on PACCAR to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
82.94
Highest Forecast
101.17
Target Price
91.14
At this time, PACCAR's Gross Profit is relatively stable compared to the past year. As of 03/28/2024, Operating Profit Margin is likely to grow to 0.18, while Pretax Profit Margin is likely to drop 0.09. At this time, PACCAR's Cash is relatively stable compared to the past year. As of 03/28/2024, Non Current Assets Total is likely to grow to about 28.8 B, while Common Stock Shares Outstanding is likely to drop slightly above 455.8 M.
  
It's important to approach PACCAR's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

PACCAR Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. PACCAR target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. PACCAR's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   22  Buy
Most PACCAR analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand PACCAR stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of PACCAR Inc, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

PACCAR Target Price Projection

PACCAR's current and average target prices are 124.46 and 91.14, respectively. The current price of PACCAR is the price at which PACCAR Inc is currently trading. On the other hand, PACCAR's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

PACCAR Market Quote on 28th of March 2024

Low Price123.21Odds
High Price124.67Odds

124.46

Target Price

Analyst Consensus On PACCAR Target Price

Low Estimate82.94Odds
High Estimate101.17Odds

91.14

Historical Lowest Forecast  82.94 Target Price  91.14 Highest Forecast  101.17
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on PACCAR Inc and the information provided on this page.

PACCAR Analyst Ratings

PACCAR's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about PACCAR stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of PACCAR's financials, market performance, and future outlook by experienced professionals. PACCAR's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize PACCAR price targets

PACCAR's stock target price is an estimate of its future price, usually made by analysts. Using PACCAR's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at PACCAR's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if PACCAR's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional PACCAR Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of PACCAR is a key component of PACCAR valuation and have some predictive power on the future returns of a PACCAR.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of PACCAR's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
124.07125.19126.31
Details
Intrinsic
Valuation
LowRealHigh
113.40114.52136.91
Details
Naive
Forecast
LowNextHigh
124.36125.48126.61
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.032.162.27
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as PACCAR. Your research has to be compared to or analyzed against PACCAR's peers to derive any actionable benefits. When done correctly, PACCAR's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in PACCAR Inc.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
Blockchain Idea
Blockchain
Invested a lot of shares
Hedge Favorites Idea
Hedge Favorites
Invested over 100 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
When determining whether PACCAR Inc is a strong investment it is important to analyze PACCAR's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PACCAR's future performance. For an informed investment choice regarding PACCAR Stock, refer to the following important reports:
Check out Macroaxis Advice on PACCAR to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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.
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Equity Valuation
Check real value of public entities based on technical and fundamental data
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
CEOs Directory
Screen CEOs from public companies around the world
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
The data published in PACCAR's official financial statements usually reflect PACCAR's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of PACCAR Inc. For example, before you start analyzing numbers published by PACCAR accountants, it's critical to develop an understanding of what PACCAR's liquidity, profitability, and earnings quality are in the context of the Machinery space in which it operates.
Please note, the presentation of PACCAR's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, PACCAR's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in PACCAR's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of PACCAR Inc. Please utilize our Beneish M Score to check the likelihood of PACCAR's management manipulating its earnings.