|Bid||72.59 x 100|
|Ask||72.60 x 100|
|Day's range||72.25 - 72.75|
|52-week range||53.38 - 74.79|
|PE ratio (TTM)||19.42|
|Forward Dividend & Yield||1.00 (1.36%)|
|1y target est||N/A|
PACCAR (PCAR) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Melius Research’s Rob Wertheimer and his team initiated coverage on the machinery sector with a Neutral rating, and although they think investors should buy into Caterpillar (CAT) and United Rentals (URI). This is what should happen in a trough, as in 2009, but he argues that Caterpillar aside, the rest of machinery is not in a trough. He writes that Caterpillar hasn’t really seen a recovery since 2008 in heavy construction and other setbacks since, while the rest of the group is doing quite well.
Morgan Stanley's Adam Jonas says Tesla could add billions in annual revenue by capturing a small slice of the total U.S. truck market.