Why Is PACCAR (PCAR) Stock Rocketing Higher Today [Yahoo! Finance]
PACCAR Inc. (PCAR)
Last paccar inc. earnings: 1/28 08:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
paccar.com/investors
Company Research
Source: Yahoo! Finance
was declared the winner of the 2024 US presidential election. For industrials stocks, President-elect Trump is considered more pro-business and a defender of American industrial interests. This could generally lead to a more robust capital expenditures and investment environment. Is now the time to buy PACCAR? Access our full analysis report here, it's free PACCAR's shares are not very volatile and have only had 2 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. PACCAR is up 20.3% since the beginning of the year, and at $116.41 per share, it is trading close to its 52-week high of $124.46 from March 2024. Investors who bought $1,000 worth of PACCAR's shares 5 years ago would now be looking at an investment worth $2,191. When a company has more cash than it knows what to do with, buying back its own shares
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PCAR
News
- Paccar (PCAR) Up 6% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]Yahoo! Finance
- PACCAR Inc (NASDAQ: PCAR) had its price target raised by analysts at Citigroup Inc. from $110.00 to $120.00. They now have a "neutral" rating on the stock.MarketBeat
- Nebraska files antitrust lawsuit against heavy-duty truck manufacturers over EV push [Yahoo! Finance Canada]Yahoo! Finance Canada
- Nebraska files antitrust lawsuit against heavy-duty truck manufacturers over EV push [Yahoo! Finance]Yahoo! Finance
- PACCAR Inc (NASDAQ: PCAR) was upgraded by analysts at Evercore ISI from an "in-line" rating to an "outperform" rating. They now have a $129.00 price target on the stock, up previously from $99.00.MarketBeat
PCAR
Earnings
- 10/22/24 - Beat
PCAR
Sec Filings
- 11/4/24 - Form 8-K
- 11/1/24 - Form 4
- 11/1/24 - Form 144
- PCAR's page on the SEC website