PACCAR Inc (PCAR): Today's Featured Automotive Loser
(
) pushed the Automotive industry lower today making it today's featured Automotive loser. The industry as a whole closed the day down 1.3%. By the end of trading, PACCAR Inc fell 20 cents (-0.5%) to $38.32 on light volume. Throughout the day, 1.5 million shares of PACCAR Inc exchanged hands as compared to its average daily volume of 3.7 million shares. The stock ranged in price between $38.16-$39.12 after having opened the day at $38.55 as compared to the previous trading day's close of $38.52. Other company's within the Automotive industry that declined today were:
Quantum Fuel Systems Technologies Worldwide
(
), down 12.5%,
(
), down 6%,
(
), down 5.5%, and
(
), down 4.9%.
PACCAR Inc, together with its subsidiaries, designs, manufactures, and distributes light-, medium-, and heavy-duty trucks and related aftermarket parts primarily in the United States and Europe. It markets its heavy-duty diesel trucks under the Kenworth, Peterbilt, and DAF nameplates. PACCAR Inc has a market cap of $13.35 billion and is part of the
sector. The company has a P/E ratio of 15.5, equal to the average automotive industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 32.8% year to date as of the close of trading on Monday.
TheStreet Ratings rates PACCAR as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full PACCAR Ratings Report.
On the positive front,
(
), up 3%,
(
), up 2.6%,
Cycle Country Accessories Corporation
(
), up 2.4%, and
(
), up 2.2%, were all gainers within the automotive industry with
(
) being today's featured automotive industry winner.
- Use our automotive section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the automotive industry could consider
Consumer Discretionary Sel Sec SPDR
(
) while those bearish on the automotive industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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