Price movement of PACCAR
PACCAR (PCAR) has a market cap of $20.5 billion. PCAR rose by 5.1% to close at $58.93 per share on April 26, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were 5.0%, 9.6%, and 24.9%, respectively, as of the same day.
This means that PCAR is trading 7.8% above its 20-day moving average, 10.1% above its 50-day moving average, and 12.0% above its 200-day moving average.
Related ETF and peers
The First Trust NASDAQ 100 Ex-Technology Sector Index ETF (QQXT) invests 1.7% of its holdings in PACCAR. This ETF tracks an equal-weighted index of NASDAQ 100 stocks that excludes technology companies. The YTD price movement of QQXT was -3.6% as of April 25, 2016.
The market caps of PACCAR’s competitors are as follows:
Performance of PACCAR in fiscal 1Q16
PACCAR (PCAR) reported fiscal 1Q16 Truck, Parts and Other’s net sales and revenues of $4,010.6 million, a fall of 11.8% compared to net sales and revenues of $4,548.0 million in fiscal 1Q15. It reported a European commission charge of $942.6 million in fiscal 1Q16.
Its revenue of Financial Services rose to $289.4 million in fiscal 1Q16, a rise of 1.7% compared to fiscal 1Q15. Its net income and EPS fell to -$594.6 million and -$1.69, respectively, in fiscal 1Q16, compared to $378.4 million and $1.06, respectively, in fiscal 1Q15.
PACCAR’s cash and marketable debt securities fell by 4.3%, and its inventories rose by 4.1% in fiscal 1Q16 compared to fiscal 4Q15. Its debt-to-equity ratio rose to 2.4x in fiscal 1Q16 compared to 2.0x in fiscal 4Q15.
During the first quarter of 2016, the company repurchased 1.1 million of its common shares for $56.3 million.
PACCAR has declared a quarterly cash dividend of $0.24 per share on its common stock. The dividend will be paid on June 6, 2016, to shareholders of record at the close of business on May 19, 2016.
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