Investors looking for stocks in the Automotive - Domestic sector might want to consider either Paccar (PCAR) or Tesla (TSLA). But which of these two stocks presents investors with the better value opportunity right now?
Earnings season offers insights into the economy, with logistics and transport sectors being key indicators of overall economic activity. Paccar's upcoming Q4 earnings report will shed light on the trucking industry's current state, despite recent strains. Paccar remains strong, evidenced by a $3.00 special dividend paid last month, but deliveries are slowing down, leading to lower profits.
Paccar (PCAR) concluded the recent trading session at $110.20, signifying a +1.89% move from its prior day's close.
BofA Securities analyst Michael Feniger upgraded PACCAR Inc. PCAR to Buy from Neutral, raising the price forecast to $121.50 from $116.
Paccar (PCAR) concluded the recent trading session at $108.50, signifying a -0.97% move from its prior day's close.
Paccar (PCAR) reachead $104.02 at the closing of the latest trading day, reflecting a +0.4% change compared to its last close.
Paccar (PCAR) closed the most recent trading day at $105.18, moving +0.46% from the previous trading session.
In the most recent trading session, Paccar (PCAR) closed at $104.70, indicating a -0.59% shift from the previous trading day.
Paccar (PCAR) reachead $115.37 at the closing of the latest trading day, reflecting a +0.47% change compared to its last close.
Paccar (PCAR) reachead $118.41 at the closing of the latest trading day, reflecting a +1.34% change compared to its last close.
Paccar (PCAR) reported earnings 30 days ago. What's next for the stock?
PACCAR Inc (NASDAQ:PCAR ) Q3 2024 Earnings Conference Call October 22, 2024 12:00 PM ET Company Participants Ken Hastings - Director of IR Preston Feight - CEO Harrie Schippers - President and CFO Brice Poplawski - VP and Controller Conference Call Participants Steven Volkman - Jefferies Rob Wertheimer - Melius Research Steven Fisher - UBS Tami Zakaria - JPMorgan Angel Castillo - Morgan Stanley Jaime Cook - Truist Securities David Raso - Evercore ISI Jerry Revich - Goldman Sachs Tim Thein - Raymond James Kyle Menges - Citi Chad Dillard - Bernstein Jeffrey Kauffman - Vertical Research Partners Michael Feniger - Bank of America Scott Group - Wolfe Research Operator Good morning, and welcome to PACCAR's Third Quarter 2024 Earnings Conference Call. All lines will be in a listen-only mode until the question-and-answer session.