Latest news with #Paccar
Globe and Mail
07-06-2025
- Business
- Globe and Mail
1 Under-the-Radar and Undervalued Stock Investors Can Buy Now in June
This company is well positioned to benefit from the sustained increase in e-commerce spending over the long term. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » *Stock prices used were the afternoon prices of June 4, 2025. The video was published on June 6, 2025. Should you invest $1,000 in Paccar right now? Before you buy stock in Paccar, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Paccar wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $674,395!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $858,011!* Now, it's worth noting Stock Advisor 's total average return is997% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Yahoo
06-06-2025
- Automotive
- Yahoo
Why Is Ford Motor (F) Down 2.4% Since Last Earnings Report?
A month has gone by since the last earnings report for Ford Motor Company (F). Shares have lost about 2.4% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Ford Motor due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. It turns out, estimates revision have trended upward during the past month. The consensus estimate has shifted 7.73% due to these changes. At this time, Ford Motor has a subpar Growth Score of D, though it is lagging a bit on the Momentum Score front with an F. However, the stock was allocated a grade of A on the value side, putting it in the top quintile for this investment strategy. Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Ford Motor has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Ford Motor belongs to the Zacks Automotive - Domestic industry. Another stock from the same industry, Paccar (PCAR), has gained 5.2% over the past month. More than a month has passed since the company reported results for the quarter ended March 2025. Paccar reported revenues of $6.91 billion in the last reported quarter, representing a year-over-year change of -16%. EPS of $1.46 for the same period compares with $2.27 a year ago. Paccar is expected to post earnings of $1.29 per share for the current quarter, representing a year-over-year change of -39.4%. Over the last 30 days, the Zacks Consensus Estimate has changed -6.9%. The overall direction and magnitude of estimate revisions translate into a Zacks Rank #5 (Strong Sell) for Paccar. Also, the stock has a VGM Score of A. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ford Motor Company (F) : Free Stock Analysis Report PACCAR Inc. (PCAR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-05-2025
- Automotive
- Yahoo
Paccar (PCAR) Registers a Bigger Fall Than the Market: Important Facts to Note
In the latest market close, Paccar (PCAR) reached $94.05, with a -0.97% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.56%. On the other hand, the Dow registered a loss of 0.58%, and the technology-centric Nasdaq decreased by 0.51%. Shares of the truck maker have appreciated by 5.18% over the course of the past month, underperforming the Auto-Tires-Trucks sector's gain of 16.76% and the S&P 500's gain of 7.37%. Analysts and investors alike will be keeping a close eye on the performance of Paccar in its upcoming earnings disclosure. On that day, Paccar is projected to report earnings of $1.29 per share, which would represent a year-over-year decline of 39.44%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $6.81 billion, down 17.63% from the year-ago period. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.70 per share and revenue of $27.88 billion, indicating changes of -27.85% and -11.69%, respectively, compared to the previous year. Investors might also notice recent changes to analyst estimates for Paccar. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 13.94% decrease. At present, Paccar boasts a Zacks Rank of #5 (Strong Sell). With respect to valuation, Paccar is currently being traded at a Forward P/E ratio of 16.67. This represents a premium compared to its industry's average Forward P/E of 10.66. It is also worth noting that PCAR currently has a PEG ratio of 3.52. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Automotive - Domestic industry was having an average PEG ratio of 1.11. The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 218, which puts it in the bottom 12% of all 250+ industries. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow PCAR in the coming trading sessions, be sure to utilize Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report PACCAR Inc. (PCAR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Axios
20-05-2025
- Automotive
- Axios
Aurora's driverless trucks have a human observer behind the wheel again
Less than three weeks after Aurora Innovation made a splash with the commercial launch of the first driverless semi trucks in Texas, the company is putting a humanobserver in the driver's seat. Why it matters: The decision is another speed bump for an industry leader after a widely watched milestone, coming just days after co-founder Sterling Anderson left to take a big job at General Motors. The big picture: Aurora's autonomous technology will still do the driving, and the change won't affect the company's development plans, CEO Chris Urmson wrote in a blog post Friday. Urmson said the decision to move an "observer" from the rear of the cab into the driver's seat was made at the request of Paccar, the manufacturer of Aurora-owned Peterbilt trucks. Between the lines: Paccar wanted someone in the driver's seat "because of certain prototype parts in their base vehicle platform," Urmson wrote, without elaborating. Paccar declined to comment. "We are confident this is not required to operate the truck safely based on the exhaustive testing (covering nearly 10,000 requirements and 2.7 million tests) and analysis that populates our safety case. "Paccar is a long-time partner and, after much consideration, we respected their request." Zoom in: Per Aurora, observers had already been riding along in the back of the cab during trips expected to run into bad weather. (The Aurora Driver currently does not operate in bad weather.) Aurora says the truck would automatically pull itself to the side of the highway in such circumstances. Having someone in the back seat helps with a timely recovery because they can switch over to manual driving mode to complete the trip. The intrigue: A short-seller's report by Bleecker Street Research, dated May 14, suggested Aurora and Paccar weren't on the same page about the timing of the "driver-out" commercial launch. Indeed, the Peterbilt logo had been removed or covered in photos Aurora provided to mark the April 27 launch. Aurora noted that for the time being, it owns and operates its trucks, and validated and approved them for driverless operations. Eventually, it will evolve to a subscription model, where Aurora will get paid by the mile for trucks equipped with the Aurora Driver that are sold by manufacturing partners like Paccar to carrier customers. Aurora has driven over 6,000 driverless miles in its company-owned trucks as of last week, per the company. By the numbers: Aurora stock is down nearly 25% in the last five trading sessions, following Anderson's departure and the Bleecker report, though it's still up more than 120% over the last year. What we're watching: Bleecker's analysis suggests Aurora faces difficulties as it tries to scale its autonomous technology over the next few years with Paccar and its other manufacturing partner, Volvo Trucks. "We are making significant progress towards driverless technology and will remove the safety driver only when we have thoroughly evaluated all factors and deem it appropriate," Volvo spokesperson Ceren Wende told Axios.
Yahoo
10-05-2025
- Automotive
- Yahoo
Sterling Anderson leaves Aurora as driverless trucks gain traction
Self-driving technology company Aurora Innovation is losing co-founder Sterling Anderson just as its driverless trucks are reaching the road. Anderson, the company's chief product officer, announced his resignation May 8. He will depart by the end of August. The development comes less than two weeks after the company deployed driverless trucks in commercial operation along Interstate 45 in Texas, a milestone eight years in the making. The commercial launch is 'precisely what gave me the confidence that now is the right time,' Anderson told investors on the company's quarterly earnings call. 'Aurora has reached a critical inflection point. The product strategy is firmly established.' Sign up for the weekly Automotive News Mobility Report newsletter for the latest developments at the intersection of transportation and technology. Next, Anderson said he plans to join an 'iconic global company.' He did not elaborate on those plans. Prior to Aurora, he rose to prominence at Tesla, where he led development of the Autopilot driver-assist system and designed and launched the Model X. As Anderson departs, Aurora plans to continue expanding its scope of business and operations. The company's trucks have covered roughly 4,000 driverless miles to date, Aurora officials said May 8. Two Paccar Peterbuilt 579s are now each covering about 400 miles a day on round trips between the Dallas suburb of Palmer, Texas, and Houston. Aurora intends to start service between Fort Worth and El Paso, Texas, and Phoenix along Interstate 10 by the end of the year. To do that, the company first wants to validate further its self-driving technology at night. Aurora's driverless trucks are only running in daylight hours, which constrains them to an approximate eight-hour shift, according to CFO David Maday. Night operations portend bigger business. That will allow Aurora to place trucks on the road roughly 16 hours a day and speed past hours-of-service requirements that would force human drivers to take a break. A truck operating 16 hours a day roughly would double industry average uptime, Maday said. 'We can double our drive time as soon as we unlock night,' he said. 'That is our next big milestone.' There are other nuances on the Interstate 10 corridor Aurora must further validate, such as passing through U.S. Customs and Border Protection stations, something the company has already been practicing. Aurora's launch puts it ahead of potential long-haul competitors such as Waabi, Bot Auto, Plus and Torc Robotics. Another trucking startup, Kodiak Robotics, began driverless operations on private roads this year. Although the field has gotten crowded, Aurora CEO Chris Urmson sought to distance his company from the pack. 'There is a naiveté around how hard it is to deliver a real, safe product,' he said, citing the need for long-lead industrial partnerships and long lead times for extensive validation. 'Even if a competitor were to start that today, they are literally years behind us,' he said. Aurora has been working with Continental on hardware development for the past two years. The two companies plan mass production of hardware kits starting in 2027, when they intend to start a path toward deployment of thousands of trucks. Maday said Aurora has realized $871,000 in pilot project revenues to date, and that the company has enough cash on hand to fund operations through the fourth quarter of 2026. Have an opinion about this story? Tell us about it and we may publish it in print. Click here to submit a letter to the editor. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
