How Does PACCAR Inc (PCAR) Stack Up Right Now?

PACCAR Inc (PCAR) is an interesting player in the Consumer Goods space, with a focus on Trucks & Other Vehicles. The stock has been active on the tape, currently trading at $69.52, up from yesterday’s close by 2.43%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

PACCAR Inc (PCAR) currently trades with a market capitalization of $24.59 Billion. That value represents a market adjusting for revenues that have been growing by 34.00 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $869.2 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $1.31 on a per share basis this quarter. Perhaps, that suggests something about why 4.77% of the outstanding share supply is held by institutional investors.

Technical Analysis

We’ve taken a serious look at this stock from a fundamental perspective, but the tale of the tape may offer more hints about what lies under the surface. Looking at the stock’s movement on the chart, PACCAR Inc recorded a 52-week high of $79.69. It is now trading 10.17% off that level. The stock is trading $67.88 its 50-day moving average by -1.64%. The stock carved out a 52-week low down at $59.86.

In recent action, PACCAR Inc (PCAR) has made a move of +2.63% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 13.41, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.78% with $344.63 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of PCAR.

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