Anything left for PACCAR in October?
 | By Ellen Johnson | Macroaxis Story |
This post is geared to all PACCAR management as well as to investors considering exiting their position in the enterprise. I will evaluate if PACCAR shares are sensibly priced going into October and whether management should be worried. In defiance of weak performance in the last few months, the Stock's forward-looking signals remain relatively invariable which may send shares a bit higher in October 2019. The latest agitation may also be a sign of long running up-swing for the enterprise management. What is PACCAR Target Price Odds to finish over Current Price? In regard to normal probability distribution, the odds of PACCAR to move above current price in 30 days from now is about 85.77%. The PACCAR probability density function shows the probability of PACCAR Stock to fall within a particular range of prices over 30 days . Given the investment horizon of 30 days, PACCAR has beta of 0.0 . This implies the returns on RUSSELL 2000 and PACCAR do not appear to be sensible. Additionally, it does not look like the company alpha can have any bearing on the equity current valuation.
Macroaxis uses a strict editorial review process to publish stories and blog posts. Our publishers support our company and may receive a small commission when the partner links or references are utilized. Commissions do not affect the opinions or evaluations of our editorial team. The information our editors and media partners deliver is confidential and licensed for your sole use as a Macroaxis user. We reserve all rights to the content of this article, and therefore copying or distributing this story in whole or in part is strictly prohibited.
Reviewed by Vlad Skutelnik
This firm currently holds 11.98B in liabilities with Debt to Equity (D/E) ratio of 124.2 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. The company has Current Ratio of 1.27 suggesting that it may have difficulties to pay its financial obligations when they are due. PACCAR dividends can provide a clue to current valuation of the stock. The firm one year expected dividend income is about $0.85 per share. Earning per share calculations of the stock is based on official Zacks consensus of 7 analysts regarding PACCAR future annual earnings. Given the historical accuracy of 97.12%, the future earnings per share of the company is estimated to be 6.732 with lowest and highest values of 6.52 and 6.92 respectively. Please note that this consensus of annual earnings estimates for the organisation is an estimate of EPS before non-recurring items and including employee stock options expenses.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include PACCAR income statement, its balance sheet, and the statement of cash flows. Potential PACCAR investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although PACCAR investors may use each financial statement separately, they are all related. The changes in PACCAR's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on PACCAR's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
The goal of PACCAR fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of PACCAR performance into the future periods or doing a reasonable stock valuation. The intrinsic value of PACCAR shares is the value that is considered the true value of the share. If the intrinsic value of PACCAR is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares PACCAR. Please read more on our fundamental analysis page. How effective is PACCAR in utilizing its assets?
PACCAR Inc reports assets on its Balance Sheet. It represents the amount of PACCAR resources that either has an existing economic value or will provide some form of benefits in the future. By effectively utilizing its assets, PACCAR aims to generate revenue, control costs, drive operational efficiency, and enhance profitability. Optimizing asset utilization helps maximize shareholder value and maintain a competitive position in the Construction Machinery & Heavy Transportation Equipment space. To get a better handle on how balance sheet or income statements item affect PACCAR volatility, please check the breakdown of all its fundamentals.Are PACCAR Earnings Expected to grow?
The future earnings power of PACCAR involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of PACCAR factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. PACCAR stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of PACCAR expected earnings.
And What about dividends?
A dividend is the distribution of a portion of PACCAR earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. PACCAR dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. PACCAR one year expected dividend income is about USD2.59 per share.
At this time, PACCAR's Dividend Yield is relatively stable compared to the past year. As of 04/19/2024, Dividend Payout Ratio is likely to grow to 0.63, though Dividends Paid is likely to grow to (1.4 B). | Last Reported | Projected for Next Year | ||
| Dividends Paid | -1.5 B | -1.4 B | |
| Dividend Yield | 0.03 | 0.04 | |
| Dividend Payout Ratio | 0.33 | 0.63 | |
| Dividend Paid And Capex Coverage Ratio | 16.36 | 17.18 |
Investing in dividend-paying stocks, such as PACCAR Inc is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in PACCAR must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for PACCAR. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.PACCAR Gross Profit
PACCAR Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing PACCAR previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show PACCAR Gross Profit growth over the last 10 years. Please check PACCAR's gross profit and other fundamental indicators for more details.
Breaking down PACCAR Indicators
PACCAR has beta of 1.43. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, PACCAR will likely underperform. The recent PACCAR price drops may encourage investors to take a closer look at the entity as it closed today at a share price of 63.54 on 2178021.000 in trading volume. The company directors and management were unable to exploit market volatilities in August. However, diversifying your overall positions with PACCAR can protect your principal portfolio during market swings. The stock standard deviation of daily returns for 30 days (very short) investing horizon is currently 1.8089. The below-average Stock volatility is a good sign for a longer term investment options and for buy-and-hold investors. PACCAR reports 12.07x cash per share. PACCAR is selling for 64.24. This is 1.29 percent decrease. Started trading at 64.24. PACCAR Effect of Exchange Rate Changes on Cash is relatively stable at the moment. Moreover, PACCAR Research and Development Expense is relatively stable at the moment. In closing, we see that PACCAR Ignores market trends. The enterprise is fairly valued with below average probability of bankruptcy within the next 24 months. Our up-to-date buy/sell advice on the enterprise is Hold.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectEditorial Staff
This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of PACCAR Inc. Please refer to our Terms of Use for any information regarding our disclosure principles.