Livforsakringsbolaget Skandia Omsesidigt has acquired an additional
18,309 shares of PACCAR Inc (NASDAQ:PCAR), contributing to the company's fluctuating market performance. Despite some mixed moves in the stock market,
JPMorgan Chase & Co. has raised PACCAR's PT to
$125.00, while others like Citigroup have increased it to
$108.00. Significant dips and ascents in PACCAR's market performance have been recorded, offering various insights for investors. As the company's Q2 pre-tax profit from its Trucks Unit lags expectations, there are also signs of
moderate growth outlook for PACCAR. Amidst these developments, continuous shifts in PACCAR's holdings by different investment firms contribute to the stock's activity. The company's quarterly results were in line with expectations, even if PACCAR's Q2 2024 Earnings report indicated an EPS of
$2.13 that missed estimates. Notably, it has established a regular
quarterly dividend at 30 cents per share. Market comparisons with Tesla (TSLA), the potential for upside, and brokerage predictions also inform the firm's current state. While demonstrating a potential for
dividend growth, PACCAR also deals with underperformance in the market. There are also significant transactions in company stock, indicative of its market status and investor sentiment.
Paccar PCAR News Analytics from Tue, 24 Oct 2023 07:00:00 GMT to Sat, 12 Oct 2024 11:31:56 GMT -
Rating -2
- Innovation 0
- Information 6
- Rumor -2
