에 대한 최신 뉴스 PACCAR (NASDAQ:PCAR) 주식

PACCAR

Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt (primarily sold in the NAFTA region and Australia), and DAF trucks (sold in Europe and South America). The company's trucks are sold through more than 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands roughly 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.

Startups

MSFT

PCAR

빌 게이츠가 다시 주목을 받고 있다. 그러나 이번에는 기술과 관련된 것이 아니다. 마이크로소프트(NASDAQ:MSFT)는 여전히 빌 &amp; 멀린다 게이츠 재단 포트폴리오에서 그의 가장 큰 보유 자산(약 154억 달러)으로 남아 있지만, 게이츠는 몇 가지 놀라운 움직임을 보여주고 있다.

빌 게이츠는 2025년 경제 호황을 정의할 것이라고 믿는 2개의 주식을 조용히 매입

PACCAR Inc

<a href="https://www.benzinga.com/personal-finance/24/10/41145078/billionaire-bill-gates-has-a-bold-plan-to-shrink-the-wealth-of-the-rich-heres-how-he-intends-to-">Bill Gates </a>is turning heads again, but not for anything tech-related. While Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) remains his largest holding (about $15.4 billion) in the Bill &amp; Melinda Gates Foundation portfolio, Gates has been making some surprising moves.&nbsp;
Over the past year, he sold nearly a quarter of his Microsoft stock, but his bold third-quarter buys have everyone talking. Gates put his money into two transportation companies, signaling he's betting big on an industry bounce-back.
Don't Miss:
<ul>
<li>It&#8217;s no wonder Jeff Bezos holds over $70 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a></li>
<li>Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/mode-mobile-2">with $1,000 you can invest at just $0.26/share!</a></li>
</ul>
The S&amp;P 500 Transportation Index had a tough 2024, slipping 0.5% while the overall S&amp;P 500 soared 23%. But Gates seems to see opportunity in the midst of it all.&nbsp;
According to market analysts, his two picks – Paccar and FedEx – reflect a belief that the sector is poised for a turnaround, especially if the economy improves in 2025. These strategic buys are worth a closer look.
Paccar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCAR#NASDAQ">PCAR</a>) might not ring a bell, but it&#8217;s heavy in heavy-duty trucks. The company's Peterbilt and Kenworth brands command 14.9% and 14.7% of the U.S. Class 8 truck market, second only to Freightliner's dominant 36.5% share, as reported by ATD.&nbsp;
See Also: The global games market is projected to generate $272B by the end of the year —<a href="https://www.benzinga.com/money/gameflip"> for $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market.</a>
These massive trucks, weighing over 33,000 pounds, are critical to the economy and Paccar's performance reflects that.
Paccar had a strong start to 2024, with a quarterly revenue of $8.74 billion in the first quarter. But as truckload demand dipped, the momentum faded. Still, signs of a recovery are emerging. Kenny Vieth, president of ACT Research, told Transport Topics, "We're in the early stages of building 2025 backlogs and November orders were up 21% from October."&nbsp;
Gates scooped up one million Paccar shares at around $100 each, a $100 million <a href="https://www.benzinga.com/startups/24/10/41312615/investors-pour-billions-into-openai-whats-driving-this-unprecedented-surge-in-funding">investment </a>in a company he believes has long-term promise.
Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> you can become an investor for $0.80 per share today.</a>
Then there's FedEx (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>), a logistics powerhouse navigating turbulence. Its third-quarter report fell short of expectations and the company revised its full-year forecast downward, unsettling investors. But Gates saw an opportunity, snapping up another one million shares at an average of $273 each.
FedEx has been shaking things up internally. The company announced plans to spin off its less-than-truckload freight division, FedEx Freight, into a stand-alone business. According to Bloomberg, this division pulled in $9.4 billion in 2023 and could become a growth driver as FedEx sharpens its focus on core operations.&nbsp;
The move is part of its broader DRIVE initiative, which aims to make the company more efficient and flexible. Analysts believe this will streamline FedEx's operations and position it for growth if the economy rebounds.
Read Next:
<ul>
<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – <a href="https://www.benzinga.com/money/mode-mobile-2">Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!</a></li>
<li>If there was a new fund backed by Jeff Bezos offering a <a href="https://www.benzinga.com/money/arrived-private-credit-fund">7-9% target yield with monthly dividends would you invest in it</a>?</li>
</ul>

'A $2M Bet On Recovery': Bill Gates Quietly Buys 2 Stocks He Believes Will Define 2025's Economic Boom

A notable insider purchase on January 3, was reported by Brice Hill, Director at PACCAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCAR#NASDAQ">PCAR</a>), based on the most recent SEC filing.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000075362/000122520825000070//Archives/edgar/data/75362/000122520825000070/0001225208-25-000070-index.htm">U.S. Securities and Exchange Commission</a> on Friday unveiled that Hill made a notable purchase of 1,693 shares of PACCAR, valuing at $175,090.
Tracking the Friday's morning session, PACCAR shares are trading at $103.42, showing a down of 0.0%.
<h3>Get to Know PACCAR Better</h3>
Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt (primarily sold in the NAFTA region and Australia), and DAF trucks (sold in Europe and South America). The company's trucks are sold through more than 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands roughly 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.
<h3>PACCAR's Financial Performance</h3>
Revenue Growth: PACCAR's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -5.25%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Interpreting Earnings Metrics:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 19.17%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): PACCAR's EPS outshines the industry average, indicating a strong bottom-line trend with a current EPS of 1.85.
</li>
</ul>
Debt Management: PACCAR's debt-to-equity ratio is below the industry average. With a ratio of 0.83, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Valuation Analysis:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 11.57, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 1.56 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): PACCAR's EV/EBITDA ratio of 9.52 exceeds industry averages, indicating a premium valuation in the market
</li>
</ul>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Exploring the Significance of Insider Trading</h3>
Investors should view insider transactions as part of a multifaceted analysis and not rely solely on them for decision-making.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Navigating the World of Insider Transaction Codes</h3>
For <a href="https://www.benzinga.com/money/investing-tools">investors</a>, a primary focus lies on transactions occurring in the open market, as indicated in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000075362">Check Out The Full List Of PACCAR's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Insider Trades

Trading Ideas

Brice Hill's Recent Buy: Acquires $175K In PACCAR Stock

Truist Securities analyst Jamie Cook maintains PACCAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCAR#NASDAQ">PCAR</a>) with a Hold and raises the price target from $107 to $110.

Price Target

Analyst Ratings

Truist Securities Maintains Hold on PACCAR, Raises Price Target to $110

WIIM

GTLS

LECO

NDSN

PPIH

Shares of machine companies are trading lower amid overall market weakness following the Fed's rate decision to cut rates by 25 basis points.

PACCAR Inc's Board of Directors today declared an extra cash dividend of three dollars ($3.00) per share, payable on January 8, 2025, to stockholders of record at the close of business on December 20, 2024.
Mark Pigott, executive chairman, shared, "PACCAR has generated excellent shareholder returns due to its industry-leading vehicles, strong growth in aftermarket parts and financial services, and innovative use of technology to enhance customers' operational performance."
Preston Feight, chief executive officer, said, "PACCAR's strong profits and cash flow have enabled the company to invest in premium quality new DAF, Kenworth and Peterbilt trucks, advanced powertrains, next generation vehicle technologies, and new and expanded manufacturing and distribution facilities."

Dividends

PACCAR Declares Extra Cash Dividend Of $3.00 Per Share

PACCAR Increases Quarterly Dividend From $0.30 To $0.33/Share

Citigroup analyst Kyle Menges maintains PACCAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCAR#NASDAQ">PCAR</a>) with a Neutral and raises the price target from $120 to $125.

Citigroup Maintains Neutral on PACCAR, Raises Price Target to $125

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Jefferies analyst Stephen Volkmann downgraded the rating for Deere &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) from Buy to Hold and maintained the price target of $510. Deere shares closed at $448.12 on Thursday. See how other analysts view this stock.</li>
<li>JP Morgan analyst Arun Jayaram downgraded ProFrac Holding Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACDC#NASDAQ">ACDC</a>) from Neutral to Underweight and announced a $7 price target. ProFrac shares closed at $8.25 on Thursday. <a href="https://www.benzinga.com/quote/ACDC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies analyst Stephen Volkmann downgraded the rating for PACCAR Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCAR#NASDAQ">PCAR</a>) from Buy to Hold and maintained the price target of $120. PACCAR shares closed at $117.62 on Thursday. See how other analysts view this stock.</li>
<li>Baird analyst Eric Coldwell downgraded Fortrea Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTRE#NASDAQ">FTRE</a>) from Outperform to Neutral and lowered the price target from $28 to $25. Fortrea shares closed at $23.57 on Thursday. <a href="https://www.benzinga.com/quote/FTRE/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies analyst Stephen Volkmann downgraded Kennametal Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMT#NYSE">KMT</a>) from Buy to Hold and lowered the price target from $40 to $32. Kennametal shares closed at $27.88 on Thursday. <a href="https://www.benzinga.com/quote/KMT/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying DE stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="568" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06080506/Screenshot-2024-12-06-183435-1024x568.png" alt="" class="wp-image-680567" style="width:645px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06080506/Screenshot-2024-12-06-183435-1024x568.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06080506/Screenshot-2024-12-06-183435-300x166.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06080506/Screenshot-2024-12-06-183435-768x426.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06080506/Screenshot-2024-12-06-183435.png 1140w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42357598/dow-dips-more-than-200-points-ahead-of-jobs-report-investor-sentiment-declines-fear-greed-index-remains-in-greed-zone">Dow Takes A Breather After Record Close, Dips Over 200 Points Ahead Of Jobs Report: Fear Index Remains In &#8216;Greed&#8217; Zone</a></li>
</ul>

Downgrades

Pre-Market Outlook

Markets

ACDC

FTRE

This Deere Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday

In the latest quarter, 10 analysts provided ratings for PACCAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCAR#NASDAQ">PCAR</a>), showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">6</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $117.9, a high estimate of $129.00, and a low estimate of $103.00. Surpassing the previous average price target of $113.30, the current average has increased by 4.06%.
<img src="https://www.benzinga.com/files/images/story/2024/1733486427_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
A comprehensive examination of how financial experts perceive PACCAR is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Stephen Volkmann</td>
<td>Jefferies</td>
<td>Maintains</td>
<td>Hold</td>
<td>$120.00</td>
<td>$120.00</td>
</tr>
<tr>
<td>Kyle Menges</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$120.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>David Raso</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$129.00</td>
<td>$99.00</td>
</tr>
<tr>
<td>Nick Housden</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Sector Perform</td>
<td>$119.00</td>
<td>$119.00</td>
</tr>
<tr>
<td>Jamie Cook</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$107.00</td>
<td>$103.00</td>
</tr>
<tr>
<td>Angel Castillo</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$126.00</td>
<td>$135.00</td>
</tr>
<tr>
<td>Tami Zakaria</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$122.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Tami Zakaria</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$125.00</td>
<td>$115.00</td>
</tr>
<tr>
<td>Kyle Menges</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$108.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Jamie Cook</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$103.00</td>
<td>$107.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to PACCAR. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of PACCAR compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of PACCAR's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of PACCAR's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/PCAR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on PACCAR analyst ratings.</a>
<h2>All You Need to Know About PACCAR</h2>
Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt (primarily sold in the NAFTA region and Australia), and DAF trucks (sold in Europe and South America). The company's trucks are sold through more than 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands roughly 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.
<h3>Understanding the Numbers: PACCAR's Finances</h3>
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Negative Revenue Trend: Examining PACCAR's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -5.25% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: PACCAR's net margin excels beyond industry benchmarks, reaching 11.8%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): PACCAR's ROE excels beyond industry benchmarks, reaching 5.35%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): PACCAR's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.3%, the company showcases efficient use of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.83, PACCAR adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>How Are Analyst Ratings Determined?</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Evaluating PACCAR: Insights From 10 Financial Analysts

Jefferies analyst Stephen Volkmann downgrades PACCAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCAR#NASDAQ">PCAR</a>) from Buy to Hold and maintains the price target from $120 to $120.

Jefferies Downgrades PACCAR to Hold, Maintains Price Target to $120

Citigroup analyst Kyle Menges maintains PACCAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCAR#NASDAQ">PCAR</a>) with a Neutral and raises the price target from $110 to $120.

Citigroup Maintains Neutral on PACCAR, Raises Price Target to $120

AGCO

REVG

Nebraska Files Antitrust Lawsuit Against Heavy-Duty Truck Manufacturers Over Plans To Restrict Diesel Truck Output In Favor Of EVs

PACCAR's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCAR#NYSE">PCAR</a>) short percent of float has fallen 5.68% since its last report. The company recently reported that it has 13.54 million shares sold short, which is 2.99% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.71 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>PACCAR Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732029318_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for PACCAR has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing PACCAR's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, PACCAR's peer group average for short interest as a percentage of float is 6.39%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Looking Into PACCAR's Recent Short Interest

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e3413e8bdcac50001edf857/janine-stichter">BTIG analyst Janine Stichter</a> upgraded the rating for On Holding AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONON#NYSE">ONON</a>) from Neutral to Buy and announced a $64 price target. On Holding shares closed at $52.62 on Tuesday. <a href="https://www.benzinga.com/quote/ONON/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Evercore ISI Group analyst David Raso upgraded PACCAR Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCAR#NASDAQ">PCAR</a>) from In-Line to Outperform and raised the price target from $99 to $129. PACCAR shares closed at $116.79 on Tuesday. <a href="https://www.benzinga.com/quote/PCAR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley analyst Josh Baer upgraded CCC Intelligent Solutions Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCCS#NASDAQ">CCCS</a>) from Equal-Weight to Overweight and increased the price target from $14 to $15. CCC Intelligent Solutions shares closed at $11.50 on Tuesday. <a href="https://www.benzinga.com/quote/CCCS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Evercore ISI Group analyst David Raso upgraded the rating for Cummins Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMI#NYSE">CMI</a>) from In-Line to Outperform and raised the price target from $294 to $408. Cummins shares closed at $355.08 on Tuesday. <a href="https://www.benzinga.com/quote/CMI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Canaccord Genuity analyst Maria Ripps upgraded Viant Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DSP#NASDAQ">DSP</a>) from Hold to Buy and raised the price target from $13 to $18. Viant Technology shares closed at $13.52 on Tuesday. <a href="https://www.benzinga.com/quote/DSP/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying CMI stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="551" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13075530/image-132-1024x551.png" alt="" class="wp-image-645187" style="width:574px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13075530/image-132-1024x551.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13075530/image-132-300x161.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13075530/image-132-768x413.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13075530/image-132.png 1228w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/11/41929909/dow-sp-decline-ahead-of-key-inflation-data-tesla-trump-media-slides-fear-index-remains-in-greed-zone">Dow, S&amp;P Decline Ahead Of Key Inflation Data, Tesla, Trump Media Slides: Fear Index Remains In &#8216;Greed&#8217; Zone</a></li>
</ul>

Upgrades

CCCS

ONON

This Cummins Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday

During the last three months, 9 analysts shared their evaluations of PACCAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCAR#NASDAQ">PCAR</a>), revealing diverse outlooks from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">5</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for PACCAR, revealing an average target of $115.33, a high estimate of $129.00, and a low estimate of $99.00. This upward trend is evident, with the current average reflecting a 2.57% increase from the previous average price target of $112.44.
<img src="https://www.benzinga.com/files/images/story/2024/1731499218_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive PACCAR. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>David Raso</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$129.00</td>
<td>$99.00</td>
</tr>
<tr>
<td>Nick Housden</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Sector Perform</td>
<td>$119.00</td>
<td>$119.00</td>
</tr>
<tr>
<td>Jamie Cook</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Hold</td>
<td>$107.00</td>
<td>$103.00</td>
</tr>
<tr>
<td>Angel Castillo</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$126.00</td>
<td>$135.00</td>
</tr>
<tr>
<td>Tami Zakaria</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$122.00</td>
<td>$125.00</td>
</tr>
<tr>
<td>Tami Zakaria</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$125.00</td>
<td>$115.00</td>
</tr>
<tr>
<td>Kyle Menges</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$108.00</td>
<td>$100.00</td>
</tr>
<tr>
<td>Jamie Cook</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$103.00</td>
<td>$107.00</td>
</tr>
<tr>
<td>David Raso</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$99.00</td>
<td>$109.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to PACCAR. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of PACCAR compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of PACCAR's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into PACCAR's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/PCAR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on PACCAR analyst ratings.</a>
<h2>Unveiling the Story Behind PACCAR</h2>
Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt (primarily sold in the NAFTA region and Australia), and DAF trucks (sold in Europe and South America). The company's trucks are sold through more than 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands roughly 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.
<h3>PACCAR: Financial Performance Dissected</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Negative Revenue Trend: Examining PACCAR's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -5.25% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: PACCAR's net margin excels beyond industry benchmarks, reaching 11.8%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): PACCAR's ROE stands out, surpassing industry averages. With an impressive ROE of 5.35%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.3%, the company showcases effective utilization of assets.
Debt Management: PACCAR's debt-to-equity ratio is below the industry average at 0.83, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>What Are Analyst Ratings?</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Decoding 9 Analyst Evaluations For PACCAR

Evercore ISI Group analyst David Raso upgrades PACCAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCAR#NASDAQ">PCAR</a>) from In-Line to Outperform and raises the price target from $99 to $129.

Evercore ISI Group Upgrades PACCAR to Outperform, Raises Price Target to $129

ALSN

ASTE

ATMU

CMCO

CVGI

EPAC

FELE

GTES

OFLX

PKOH

PLOW

PRLB

SHYF

SPXC

TAYD

Shares of machinery companies are trading higher. Investors may be reacting to the US presidential election and its impact on the industry.

RBC Capital analyst Nick Housden reiterates PACCAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCAR#NASDAQ">PCAR</a>) with a Sector Perform and maintains $119 price target.

Reiteration

RBC Capital Reiterates Sector Perform on PACCAR, Maintains $119 Price Target

Black Phoenix Group Acquires PACCAR Winch From PACCAR; Terms Not Disclosed

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Craig-Hallum raised Vicor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VICR#NASDAQ">VICR</a>) price target from $35 to $43. Craig-Hallum analyst Richard Shannon maintained a Hold rating. Vicor shares closed at $43.44 on Tuesday. <a href="https://www.benzinga.com/quote/VICR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays cut the price target for Regeneron Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REGN#NASDAQ">REGN</a>) from $1,220 to $1,080. Barclays analyst Carter Gould maintained an Overweight rating. Regeneron Pharmaceuticals shares closed at $962.34 on Tuesday. <a href="https://www.benzinga.com/quote/REGN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Susquehanna raised the price target for Norfolk Southern Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSC#NYSE">NSC</a>) from $280 to $285. Susquehanna analyst Bascome Majors maintained a Neutral rating. Norfolk Southern shares closed at $260.43 on Tuesday. <a href="https://www.benzinga.com/quote/BSC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Truist Securities raised Zions Bancorporation, National Association (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZION#NASDAQ">ZION</a>) price target from $52 to $57. Truist Securities analyst Jennifer Demba maintained a Hold rating. Zions Bancorporation shares settled at $52.51 on Tuesday. <a href="https://www.benzinga.com/quote/ZION/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keybanc boosted Patrick Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PATK#NASDAQ">PATK</a>) price target from $135 to $150. Keybanc analyst Brett Andress maintained an Overweight rating. Patrick Industries shares closed at $136.71 on Tuesday. <a href="https://www.benzinga.com/quote/PATK/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Piper Sandler raised Wintrust Financial Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTFC#NASDAQ">WTFC</a>) price target from $131 to $136. Piper Sandler analyst Nathan Race maintained an Overweight rating. Wintrust Financial shares closed at $114.76 on Tuesday. <a href="https://www.benzinga.com/quote/WTFC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Oppenheimer raised the price target for Moody&#8217;s Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCO#NYSE">MCO</a>) from $536 to $543. Oppenheimer analyst Owen Lau maintained an Outperform rating. Moody&#8217;s shares settled at $467.73 on Tuesday. <a href="https://www.benzinga.com/quote/MCO/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley cut PACCAR Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCAR#NASDAQ">PCAR</a>) price target from $135 to $126. Morgan Stanley analyst Angel Castillo maintained an Overweight rating. PACCAR shares closed at $104.79 on Tuesday. <a href="https://www.benzinga.com/quote/PCAR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird cut the price target for McDonald&#8217;s Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) from $320 to $290. Baird analyst David Tarantino downgraded the stock from Outperform to Neutral. McDonald&#8217;s shares closed at $314.69 on Tuesday. <a href="https://www.benzinga.com/quote/MCD/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Rosenblatt boosted Seagate Technology Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STX#NASDAQ">STX</a>) price target from $125 to $140. Rosenblatt analyst Kevin Cassidy maintained a Buy rating. Seagate shares closed at $112.64 on Tuesday. <a href="https://www.benzinga.com/quote/STX/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Read More: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/10/41479244/dow-edges-lower-as-investors-watch-earnings-reports-with-caution-fear-index-remains-in-greed-zone">Dow Edges Lower As Investors Watch Earnings Reports With Caution: Fear Index Remains In &#8216;Greed&#8217; Zone</a></li>
</ul>

PATK

REGN

VICR

WTFC

ZION

Seagate To Rally More Than 24%? Here Are 10 Top Analyst Forecasts For Wednesday

PACCAR declares $3.00 dividend

An update from Paccar ( ($PCAR) ) is now available. Todd R. Hubbard, Vice President of Global Financial Services at Paccar, announced his retiremen...

Paccar Announces Leadership Change in Financial Services

European Truck Market: Speed Slows, CO2 Focus Intensifies

Truck-maker Paccar (PCAR) is recalling 220,972 vehicles in the U.S. due to issues with the electronic control units that might impact systems assoc...

Paccar to recall 220,972 vehicles over electronic system issues, Reuters says

Citi views the selloff in shares of Paccar (PCAR) the company issued a recall of 221,000 vehicles over electronic system issues as an overreaction....

Paccar selloff on truck recall an overreaction, says Citi

Europe's Market For E-Trucks Set To Accelerate In 2025

Paccar Is A Bit Overpriced For This Fundamentally Sound Company

PACCAR Inc: A Balanced Risk-Reward Profile, Hold

Truist raised the firm's price target on Paccar (PCAR) to $110 from $107 and keeps a Hold rating on the shares as part of a broader research note p...

Paccar price target raised to $110 from $107 at Truist

Bernstein analyst Chad Dillard maintained a Buy rating on Paccar (PCAR – Research Report) yesterday and set a price target of $118.00. The company'...

Paccar (PCAR) Gets a Buy from Bernstein

BYDDF

BYDDY

DTGHF

DTRUY

HYMTF

IVCGF

MBGAF

MBGYY

RNLSY

RNSDF

TRATF

TRATY

TSLA

VLKAF

VLVLY

VOLAF

VOLVF

VWAGY

Press Releases

Accelera by Cummins, Daimler Truck and PACCAR Complete Battery Joint Venture Transaction to Form Amplify Cell Technologies and Name New CEO

Accelera by Cummins, Daimler Truck and PACCAR Complete Battery Joint Venture Transaction to Form Amplify Cell Technologies and Names New CEO

Amplify Cell Technologies Begins Construction of Mississippi Battery Cell Factory

PACCAR Declares Regular Quarterly Cash Dividend

PACCAR Achieves Excellent Quarterly Revenues and Profits

PACCAR CEO R. Preston Feight Appointed to Deere Board of Directors

PACCAR Increases Regular Quarterly Dividend

PACCAR Announces Extra Cash Dividend

Allison Transmission Holdings, Inc. Common Stock

Allison Transmission

Astec Industries

Atmus Filtration Technologies Inc. Common Stock

Atmus Filtration Techs

Blue Bird

Caterpillar

Cummins

Commercial Vehicle Group, Inc. - Common Stock

Commercial Vehicle Group

China Yuchai International Limited Common Stock

China Yuchai Intl

Federal Signal

Greenbrier Companies, Inc. (The) Common Stock

Greenbrier Companies

Hyliion Holdings Corp. Class A Common Stock

Hyliion Holdings

Miller Industries

Manitowoc Company, Inc. (The) Common Stock

Manitowoc Co

Microvast Holdings

Nikola

Oshkosh Corporation (Holding Company)Common Stock

Oshkosh

Douglas Dynamics

FreightCar America

REV Group

Shyft Group

Terex

Trinity Industries

Twin Disc

Westinghouse Air Brake Technologies Corporation Common Stock

Westinghouse Air Brake

Wabash National

Truist Securities

Citigroup

Jefferies

Evercore ISI Group

RBC Capital

<a href="https://www.benzinga.com/personal-finance/24/10/41145078/billionaire-bill-gates-has-a-bold-plan-to-shrink-the-wealth-of-the-rich-heres-how-he-intends-to-" target="_blank" rel="noopener" data-google-interstitial="false">빌 게이츠</a>가 다시 주목을 받고 있다. 그러나 이번에는 기술과 관련된 것이 아니다. 마이크로소프트(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)는 여전히 빌 &amp; 멀린다 게이츠 재단 포트폴리오에서 그의 가장 큰 보유 자산(약 154억 달러)으로 남아 있지만, 게이츠는 몇 가지 놀라운 움직임을 보여주고 있다.
지난 1년 동안 그는 마이크로소프트 주식의 거의 4분의 1을 매각했지만, 그의 대담한 3분기 매수는 모두를 놀라게 했다. 게이츠는 두 개의 운송 회사들에 투자를 하여, 그는 산업 회복을 크게 기대하고 있다고 신호를 보냈다.
S&amp;P 500 운송 지수는 2024년에 어려움을 겪으며 0.5% 하락한 반면, 전체 S&amp;P 500은 23% 상승했다. 그러나 게이츠는 그 모든 중간에 기회를 보고 있는 것 같다.
시장 분석가들에 따르면 그의 두 선택인 파카 그룹(Paccar)과 페덱스(FedEx)는 경제가 2025년에 개선되면 이 부문이 반등할 준비가 되어 있다는 믿음을 반영한다. 이러한 전략적 매수는 더 자세히 살펴볼 가치가 있다.
파카(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCAR#NASDAQ">PCAR</a>)는 생소할 수 있지만, 중장비 트럭에 강한 회사이다. 이 회사의 피터빌트(Peterbilt)와 켄워스(Kenworth) 브랜드는 미국 클래스 8 트럭 시장에서 각각 14.9%와 14.7%의 점유율을 차지하고 있으며, 프레이트라이너(Freightliner)의 36.5% 점유율에 이어 2위이다.
이러한 대형 트럭들은 33,000파운드가 넘는 중량으로 경제에 매우 중요하며, 파카의 성과는 이를 반영한다.
파카는 2024년 1분기에 87억 4천만 달러의 분기 매출을 기록하며 강한 출발을 보였다. 그러나 트럭 수요가 감소하면서 모멘텀이 사라졌다. 그럼에도 불구하고 회복의 신호가 나타나고 있다. ACT 리서치의 케니 비스(Kenny Vieth) 사장은 &#8220;우리는 2025년 백로그를 쌓는 초기 단계에 있으며 11월 주문이 10월보다 21% 증가했다&#8221;고 트랜스포트 토픽스(Transport Topics)에 말했다.
게이츠는 약 $100에 파카 주식 100만 주를 매수하여 장기적인 가능성이 있다고 믿는 이 회사에 1억 달러를 <a href="https://www.benzinga.com/startups/24/10/41312615/investors-pour-billions-into-openai-whats-driving-this-unprecedented-surge-in-funding" target="_blank" rel="noopener" data-google-interstitial="false">투자</a>했다.
그 다음으로 페덱스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>)는 물류 강자로서의 난관을 헤쳐 나가고 있다. 3분기 실적은 예상보다 저조했고, 이 회사는 연간 전망을 하향 조정하여 투자자들을 불안하게 만들었다. 그러나 게이츠는 기회를 보고 평균 273달러에 주식 100만 주를 매입했다.
페덱스는 내부적으로 변화하고 있다. 이 회사는 트럭 적재량이 적은 화물 사업부인 페덱스 프레이트(FedEx Freight)를 독립 사업체로 분사할 계획을 발표했다. 블룸버그에 따르면 이 부문은 2023년에 94억 달러의 수익을 올렸으며, 페덱스가 핵심 운영에 집중하면서 성장 동력이 될 수 있다.
이 조치는 이 회사의 효율성과 유연성을 높이기 위한 DRIVE 이니셔티브의 일환이다. 분석가들은 이것이 페덱스의 운영을 간소화하고 경제가 회복될 경우 성장을 위한 입지를 마련할 것이라고 믿고 있다.
주가 움직임: 파카의 주식은 금요일 1.43% 상승한 104.90달러에 마감되었다. 페덱스는 0.047% 오른 274.41달러에 마쳤다.

Benzinga Pro의 독점 뉴스 및 도구로 더 많은 승리를 거두세요 
독점 속보 및 스캐너와 같은 Benzinga Pro의 강력한 도구 세트로 다른 트레이더보다 우위를 점하세요. 
<a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor" target="_blank" rel="noreferrer noopener">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

Comments

PACCAR

뉴스

에 대한 최신 뉴스 PACCAR (NASDAQ:PCAR) 주식

일요일, 1월 05, 2025

사람들이 또한 지켜본다

뉴스

파트너 / 기고자

벤징가 글로벌