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Barchart
Sohini Mondal

Is Wall Street Bullish or Bearish on PACCAR Stock?

Paccar PCAR

Valued at a market cap of $48.1 billion, PACCAR Inc. (PCAR) designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks internationally. The company operates through three segments: Truck, Parts, and Financial Services. 

Shares of PACCAR have lagged behind the broader market over the past 52 weeks. PCAR has dropped 14.5% over this period, while the broader S&P 500 Index ($SPX) has gained 9.2%. Moreover, shares of PCAR are down nearly 12% on a YTD basis, compared to SPX’s 3.7% decline.

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