Unitil's 15-minute chart exhibits a bearish trend, as evidenced by the KDJ Death Cross and the Bearish Marubozu candlestick pattern on October 3rd, 2023 at 12:30. This indicates a shift in the stock's momentum towards the downside, with a potential for further price depreciation. The sellers currently dominate the market, and it is likely that this bearish momentum will continue.
Paccar (PCAR) closed the most recent trading day at $99.08, marking a 1.4% increase from the previous session. This performance outpaced the S&P 500's daily gain of 0.06%, the Dow's 0.17% rise, and the Nasdaq's 0.39% increase
Paccar (PCAR) Laps the Stock Market: Here's Why[1]. Prior to today's trading, Paccar had lagged the Auto-Tires-Trucks sector's gain of 21% and the S&P 500's gain of 3.94%.
Investors are eagerly anticipating Paccar's upcoming earnings release. Analysts predict an earnings per share (EPS) of $1.14, representing a 38.38% decline compared to the same quarter last year. The consensus estimate for revenue is $6.06 billion, indicating a 21.34% decrease from the previous year. For the full year, analysts expect earnings of $5.21 per share and revenue of $26.33 billion, marking changes of -34.05% and -16.57%, respectively, from last year
Paccar (PCAR) Laps the Stock Market: Here's Why[1].
The Zacks Consensus EPS estimate has moved 1.16% lower within the past month, and Paccar currently possesses a Zacks Rank of #4 (Sell). The company is trading at a Forward P/E ratio of 18.77, which is higher than the industry average of 13.36, indicating a premium valuation
Paccar (PCAR) Laps the Stock Market: Here's Why[1]. Additionally, Paccar's PEG ratio is 3.97, compared to the industry average of 2.5, suggesting a higher expected earnings growth trajectory
Paccar (PCAR) Laps the Stock Market: Here's Why[1].
The Automotive - Domestic industry, part of the Auto-Tires-Trucks sector, carries a Zacks Industry Rank of 147, placing it within the bottom 41% of over 250 industries. The Zacks Industry Rank assesses the vigor of specific industry groups by computing the average Zacks Rank of the individual stocks within them
Paccar (PCAR) Laps the Stock Market: Here's Why[1].
Investors should closely monitor Paccar's earnings release and any recent adjustments to analyst estimates, as these revisions often reflect the latest near-term business trends. The Zacks Rank system, which considers these estimate changes, provides a simple, actionable rating system with a track record of superior performance
Paccar (PCAR) Laps the Stock Market: Here's Why[1].
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