(VIANEWS) - Shares of PACCAR (NASDAQ: PCAR) dropped by a staggering 31.22% in 10 sessions from $110.21 at 2023-02-03, to $75.80 at 11:00 EST on Friday, following the last session's downward trend. NASDAQ is sliding 1.05% to $11,731.64, following the last session's downward trend.
PACCAR's last close was $74.87, 0.52% below its 52-week high of $75.26.
About PACCAR
PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Europe, Mexico, South America, Australia, and internationally. It operates through three segments: Truck, Parts, and Financial Services. The Truck segment designs, manufactures, and distributes trucks for the over-the-road and off-highway hauling of commercial and consumer goods. It sells its trucks through a network of independent dealers under the Kenworth, Peterbilt, and DAF nameplates. The Parts segment distributes aftermarket parts for trucks and related commercial vehicles. The Financial Services segment conducts full-service leasing operations under the PacLease trade name, as well as provides finance and leasing products and services to customers and dealers. This segment also offers equipment financing and administrative support services for its franchisees; retail loan and leasing services for small, medium, and large commercial trucking companies, as well as independent owners/operators and other businesses; and truck inventory financing services to independent dealers. In addition, this segment offers loans and leases directly to customers for the acquisition of trucks and related equipment. The company also manufactures and markets industrial winches under the Braden, Carco, and Gearmatic nameplates. PACCAR Inc was founded in 1905 and is headquartered in Bellevue, Washington.
Earnings Per Share
As for profitability, PACCAR has a trailing twelve months EPS of $4.06.
PE Ratio
PACCAR has a trailing twelve months price to earnings ratio of 18.67. Meaning, the purchaser of the share is investing $18.67 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 24.48%.Sales Growth
PACCAR's sales growth is 12.1% for the ongoing quarter and 8.4% for the next.
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