NEW YORK (TheStreet) -- Shares of PACCAR (PCAR - Get Report) are down by 0.83% to $56.02 late Monday morning, before the company releases its 2016 first quarter results, due out before Tuesday's market open.
Wall Street is expecting the Bellevue, WA-based truck manufacturer to report earnings of 96 cents per share on revenue of $4.12 billion.
During the same period last year, the company posted earnings of $1.06 per diluted share on revenue of $4.83 billion.
PACCAR is a global technology company engaged in the design, manufacture and customer support of trucks.
"We are Buy-rated on PCAR as we remain positive on the European truck cycle, and see improved cycle over cycle margin profile due to reduced SG&A and 40% lower factory cycle times (and comparable productivity improvement)," Goldman Sachs wrote in a note yesterday.
Separately, TheStreet Ratings Team has a "Buy" rating with a score of B+ on the stock.
The company's strengths can be seen in multiple areas, such as its notable return on equity, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures.
The team believes its strengths outweigh the fact that the company has had lackluster performance in the stock itself.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: PCAR