Previous Close | $97.66 |
AI Value | $50.81 |
Upside potential | -48% |
PACCAR Inc (PCAR) is a global leader in the design, manufacture, and distribution of premium commercial trucks under the Kenworth, Peterbilt, and DAF brands. The company operates in three segments: Truck, Parts, and Financial Services, with a strong presence in North America, Europe, and other international markets. PACCAR's reputation for high-quality, fuel-efficient trucks and aftermarket parts has solidified its position as a top-tier manufacturer in the heavy-duty truck industry. The company benefits from a loyal customer base, extensive dealer network, and a focus on innovation, particularly in electric and autonomous vehicle technologies. Its vertically integrated business model, including PACCAR Financial Services, provides additional stability and recurring revenue streams.
Leader in alternative fuel trucks (electric, hydrogen); over 2,000 patents. PACCAR's MX engine family and connected vehicle telematics (PACCAR Connect) enhance fleet efficiency.
PACCAR is a high-quality cyclical play with defensive attributes via its Parts/Financial Services segments. Its strong balance sheet, technological leadership in clean trucks, and global diversification mitigate downturn risks. However, investors should be prepared for earnings volatility near-term due to economic uncertainty. Attractive for long-term holders benefiting from fleet modernization trends, with a current ~1.5% dividend yield providing downside cushion.
PACCAR 10-K/Q filings, ACT Research, Bloomberg Intelligence, company investor presentations (2023), IHS Markit commercial vehicle forecasts.
Historical valuation data is not available at this time.