Asset Management One Co. Ltd. Offloads 45,739 Shares of PACCAR
January 3, 2024
☀️Trending News
The company operates through various divisions, such as DAF trucks, Kenworth trucks, Peterbilt trucks, and PACCAR ($NASDAQ:PCAR) Parts & Services. PACCAR Inc.’s success is attributed to its broad customer base, strategic acquisitions, and leading innovation in the automotive sector.
Market Price
This is an indication that the market sentiment towards the company’s stock is not very positive. This could be due to various factors such as the company’s future outlook in terms of sales and revenue growth, or its competitive position in the industry in comparison to its peers. It remains to be seen how the market will react to this news and whether it will be able to recoup its losses and climb back up. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Paccar Inc. More…
| Total Revenues | Net Income | Net Margin |
| 34.18k | 4.1k | 11.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Paccar Inc. More…
| Operations | Investing | Financing |
| 4.25k | -2.65k | 883.3 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Paccar Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 38.04k | 22.02k | 28.83 |
Key Ratios Snapshot
Some of the financial key ratios for Paccar Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 21.0% | 47.8% | 16.2% |
| FCF Margin | ROE | ROA |
| 8.9% | 23.0% | 9.1% |
Analysis
GoodWhale has conducted an analysis of PACCAR INC‘s wellbeing and the results were quite impressive. According to the Star Chart, PACCAR INC was strong in asset, dividend, and growth, and medium in profitability. Furthermore, PACCAR INC had a high health score of 9/10 with regard to its cashflows and debt, signaling that the company is capable to sustain future operations even in times of crisis. We classified PACCAR INC as ‘gorilla’, a type of company that has achieved stable and high revenue or earning growth due to its strong competitive advantage. We believe that this company is well-positioned to attract investors from all walks of life. For instance, active investors may be intrigued by the dividend and growth prospects of the company while value investors could appreciate the company’s strong asset base. Meanwhile, arbitrage players may be drawn to the stability that PACCAR INC offers. Ultimately, the combination of these factors make PACCAR INC an attractive option for any type of investor. More…
Peers
PACCAR Inc is one of the world’s leading truck manufacturers. The company’s main competitors are Oshkosh Corp, Daimler Truck Holding AG, Caterpillar Inc. PACCAR Inc manufactures and sells a wide range of trucks and related parts and services. The company operates in three segments: Truck, Parts, and Financial Services. PACCAR Inc is headquartered in Bellevue, Washington, and has manufacturing facilities in the United States, Mexico, Australia, the Netherlands, and the United Kingdom.
– Oshkosh Corp ($NYSE:OSK)
Oshkosh Corporation is a leading manufacturer and marketer of access equipment, specialty vehicles and vehicle bodies for the primary markets of defense, concrete placement, refuse hauling, access equipment, and fire & emergency. Oshkosh Corporation manufactures, sells and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Jerr-Dan®, Frontline™, CON-E-CO®, London® and IMT®.
– Daimler Truck Holding AG ($OTCPK:DTRUY)
Daimler Truck Holding AG is a holding company that provides trucks and services for the transportation sector. The company has a market capitalization of 21.1 billion as of 2022 and a return on equity of 8.52%. Daimler Truck Holding AG operates in three segments: Daimler Trucks, Daimler Buses, and Daimler Financial Services. The company offers a range of trucks for different applications, including heavy-duty trucks, medium-duty trucks, and light-duty trucks. Daimler Truck Holding AG also provides financing, leasing, and insurance services for its customers.
– Caterpillar Inc ($NYSE:CAT)
Caterpillar Inc.’s market capitalization is 97.35 billion as of 2022. Its return on equity is 33.83%. The company manufactures construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. It also provides financing and leasing services through its subsidiaries.
Summary
PACCAR Inc., a Seattle-based global technology leader in the design, manufacture and customer support of premium light, medium and heavy-duty commercial trucks, has seen an increase in investment activity recently. Asset Management One Co. Ltd. has sold 45739 shares of PACCAR Inc. stock, indicating a bullish outlook on the company. As an industry leader, PACCAR Inc. is expected to continue to provide strong returns for investors, with potential catalysts such as increasing demand for commercial trucks and other transportation vehicles.
Analysts have noted that the company has a strong balance sheet and well-managed operations, providing a safe investment opportunity with long-term growth potential. With reliable dividend yields and a strong product offering, PACCAR Inc. remains a strong pick for investors looking to diversify their portfolios.
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