PACCAR traded at $106.96 this Friday October 23rd, decreasing $2.63 or 2.40 percent since the previous trading session. Looking back, over the last four weeks, PACCAR lost 3.35 percent. Over the last 12 months, its price rose by 6.82 percent. Looking ahead, we forecast PACCAR to be priced at 108.48 by the end of this quarter and at 101.76 in one year, according to Trading Economics global macro models projections and analysts expectations.
PACCAR Inc (PACCAR) is a multinational company. The Company's segments include Truck, Parts and Financial Services. The Truck segment includes the design, manufacture and distribution of light-, medium- and heavy-duty commercial trucks. The Company's trucks are marketed under the Kenworth, Peterbilt and DAF nameplates. It also manufactures engines, primarily for use in the Company's trucks, at its facilities in Columbus, Mississippi; Eindhoven, the Netherlands, and Ponta Grossa, Brazil. The Parts segment includes the distribution of aftermarket parts for trucks and related commercial vehicles. The Financial Services segment includes finance and leasing products and services provided to customers and dealers. Its Other business includes the manufacturing and marketing of industrial winches. The Company operates in Australia and Brazil and sells trucks and parts to customers in Asia, Africa, Middle East and South America.