Credit Suisse (SIX:CSGN) analyst Jamie Cook maintained a Hold rating on Paccar (NASDAQ:PCAR) Inc on Wednesday, setting a price target of $93, which is approximately 4.92% below the present share price of $97.81.
Cook expects Paccar Inc to post earnings per share (EPS) of $1.11 for the first quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Hold rating of shares in Paccar, with an average price target of $96.17.
The analysts price targets range from a high of $115 to a low of $79.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $4.94 billion and a net profit of $470.5 million. The company's market cap is $33.89 billion.
According to TipRanks.com, Credit Suisse analyst Jamie Cook is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 10.9% and a 62.46% success rate.
PACCAR, Inc. is a global technology company, which engages in the design and manufacture of light, medium, and heavy-duty trucks. It operates through the following segments: Truck, Parts and Financial Services. The Truck segment designs and manufactures heavy, medium, and light duty diesel trucks which are marketed under the Kenworth, Peterbilt, and DAF brands. The Parts segment distributes aftermarket parts for trucks and related commercial vehicles. The Financial Services segment provides finance and leasing products; and services provided to truck customers and dealers. The company was founded by William Pigott Sr. in 1905 and is headquartered in Bellevue, WA.