Paccar (PCAR) Stock Drops Despite Market Gains: Important Facts to Note

In the latest trading session, Paccar (PCAR) closed at $122.00, marking a -1.26% move from the previous day. This change lagged the S&P 500's 0.03% gain on the day. At the same time, the Dow lost 0.58%, and the tech-heavy Nasdaq gained 0.28%. Heading into today, shares of the truck maker had gained 10.81% over the past month, outpacing the Auto-Tires-Trucks sector's loss of 4.66% and the S&P 500's gain of 0.6%.Market participants will be closely following the financial results of Paccar in its upcoming release. The company plans to announce its earnings on January 27, 2026. The company is predicted to post an EPS of $1.06, indicating a 36.14% decline compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $6.12 billion, down 16.92% from the year-ago period. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $5.01 per share and revenue of $26.29 billion. These totals would mark changes of -36.58% and 0%, respectively, from last year. Investors should also note any recent changes to analyst estimates for Paccar. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Our research demonstrates that these adjustments in estimates directly associate with imminent 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, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.6% increase. Right now, Paccar possesses a Zacks Rank of #3 (Hold). From a valuation perspective, Paccar is currently exchanging hands at a Forward P/E ratio of 21.33. This denotes a premium relative to the industry average Forward P/E of 14.85. It's also important to note that PCAR currently trades at a PEG ratio of 14.61. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Automotive - Domestic was holding an average PEG ratio of 2.21 at yesterday's closing price. The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. Currently, this industry holds a Zacks Industry Rank of 79, positioning it in the top 33% of all 250+ industries. 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. Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions. Radical New Technology Could Hand Investors Huge GainsQuantum Computing is the next technological revolution, and it could be even more advanced than AI.While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power.Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.See Top Quantum Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PACCAR Inc. (PCAR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks