69.99 0.00 (0.00%)
After hours: 4:10PM EST
|Bid||70.00 x 900|
|Ask||82.62 x 1000|
|Day's range||69.75 - 73.25|
|52-week range||62.13 - 83.41|
|Beta (5Y monthly)||1.27|
|PE ratio (TTM)||10.19|
|Earnings date||27 Apr 2020 - 03 May 2020|
|Forward dividend & yield||1.28 (1.76%)|
|Ex-dividend date||09 Feb 2020|
|1y target est||78.26|
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical...
(Bloomberg) -- Global borrowers shunned Europe’s corporate debt market for a second day as a cluster of new coronavirus cases in Italy sent yields sharply higher, bringing sales of new bonds to a near standstill.Just one corporate deal has surfaced Tuesday, joining a downsized ING Groep NV sale yesterday in a week that had been expected to deliver more than 20 billion euros ($22 billion) of sales, according to a Bloomberg News survey. Spain and the European Stability Mechanism are also braving the market today.Investors may have underestimated the impact of lock-down on supply chains and the global economy due to the virus outbreak “and yesterday we were reminded of this,” said Holger Mertens, head portfolio manager, global credit, at Nikko Asset Management. Martens said he expects “supply will continue to be strong” once volatility eases. The slump in corporate bond-sale activity is a far cry from January, when Europe’s debt market enjoyed its best-ever start to a year with 238.8 billion euros of sales. February also kicked off in similar fashion, with the biggest company bond offering since 2016 from LVMH Moet Hennessy Louis Vuitton SE helping spur a record week for sales of corporate debt.Plans ScrappedSince then global markets have tumbled as the virus spreads to new countries, with the number of cases worldwide now topping 80,000. As well as shutting companies out of the market, borrowers are also adjusting plans when it comes to marketing potential offerings, with Hamburg Commercial Bank scrapping investor meetings in Italy next week in favor of a conference call.Euro investment-grade borrowing costs have surged by the most in more than 18 months, while measures of credit risk rose to the highest since September on Monday. That failed to deter PACCAR Inc from offering 300 million euros of notes via its European financing arm Tuesday, the first sale in the currency from a non-financial borrower since Feb. 20, data compiled by Bloomberg show.(Updates with Tuesday’s debt sales, quote in third paragraph, details throughout)\--With assistance from Paul Cohen and Tasos Vossos.To contact the reporters on this story: Hannah Benjamin in London at firstname.lastname@example.org;Alice Gledhill in London at email@example.comTo contact the editor responsible for this story: Vivianne Rodrigues at firstname.lastname@example.orgFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Today we are going to look at PACCAR Inc (NASDAQ:PCAR) to see whether it might be an attractive investment prospect...
While Tesla comes up with impressive Q4 results on record-breaking deliveries, BorgWarner inks a $3.3-billion deal to acquire Delphi Technologies.
PACCAR (PCAR) projects capital expenditures, and research and development expenses at $625-$675 million and $310-$340 million, respectively, for the current year.
Paccar (PCAR) delivered earnings and revenue surprises of 2.00% and 2.93%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
"PACCAR (Nasdaq: PCAR) reported record annual revenues and profits in 2019 and has earned an impressive 81 consecutive years of net income," said Preston Feight, chief executive officer. "PACCAR’s vibrant results reflect the company’s premium-quality products and services, strong global truck markets, record truck production and record aftermarket parts sales. I am very proud of our employees who have delivered outstanding products and services to our customers." PACCAR delivered a total shareholder return of 45% compared to the S&P 500 Index total return of 31% in 2019.
In the fourth quarter, overall earnings and revenues for the auto sector are projected to decline 59.1% and 5.2% year over year, respectively.
While lower sales in the U.S. and EMEA market may have dented the top line, Harley-Davidson's (HOG) cost-containment initiatives are likely to have had a positive impact on the firm's Q4 earnings.
Record vehicle deliveries, aided by Model 3 sales, and improved performance of the energy and storage business are likely to have buoyed Tesla's (TSLA) Q4 earnings.
While General Motors (GM) plans to revive Hummer brand as an electric pickup, Ford's (F) China sales dip for the third straight year in 2019.
The Zacks Analyst Blog Highlights: Tesla, Blue Bird, PACCAR, AutoZone and Motorcar Parts of America
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PACCAR (PCAR) to exhibit three electric vehicles, a level 4 autonomous Kenworth T680, a battery-electric Peterbilt model 520EV, and a battery-electric Kenworth K270E, at CES 2020.
The simplest way to invest in stocks is to buy exchange traded funds. But one can do better than that by picking...
PACCAR (Nasdaq: PCAR) is participating in the CES 2020 show in Las Vegas, Nevada this week. CES is one of the world’s largest showcases for technological innovation. PACCAR is a leader in autonomous and alternative powertrain commercial vehicles, and is exhibiting three vehicles with these technologies at the show: a Level 4 autonomous Kenworth T680; a battery-electric Peterbilt Model 520EV; and a battery-electric Kenworth K270E. Peterbilt and Kenworth designed these trucks for a range of customer applications, including over-the-road goods transportation, refuse collection and urban distribution. Visitors are welcome to explore these advanced vehicles at PACCAR’s booth, near the Convention Center monorail station.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Assessing PACCAR Inc's (NasdaqGS:PCAR) performance as a company requires looking at more than just a years' earnings...