In the latest close session, Paccar (PCAR) was up +1.63% at $128.31. This change outpaced the S&P 500's 0.24% loss on the day. On the other hand, the Dow registered a loss of 0.01%, and the technology-centric Nasdaq decreased by 0.26%.
The truck maker's stock has climbed by 13.47% in the past month, exceeding the Auto-Tires-Trucks sector's gain of 2.91% and the S&P 500's gain of 6.42%.
The investment community will be closely monitoring the performance of Paccar in its forthcoming earnings report. The company is scheduled to release its earnings on April 28, 2026. The company is expected to report EPS of $1.13, down 22.6% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $6.35 billion, showing a 8.19% drop compared to the year-ago quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $5.55 per share and revenue of $27.38 billion. These totals would mark changes of +10.78% and +4.36%, respectively, from last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Paccar. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.39% higher. At present, Paccar boasts a Zacks Rank of #3 (Hold).
In terms of valuation, Paccar is presently being traded at a Forward P/E ratio of 22.75. Its industry sports an average Forward P/E of 16.46, so one might conclude that Paccar is trading at a premium comparatively.
It's also important to note that PCAR currently trades at a PEG ratio of 1.06. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Automotive - Domestic stocks are, on average, holding a PEG ratio of 1.06 based on yesterday's closing prices.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. With its current Zacks Industry Rank of 191, this industry ranks in the bottom 22% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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PACCAR Inc. (PCAR): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).