PACCAR INC (NASDAQ:PCAR) is a candidate for growth investors. Here's why.

In this article we will dive into PACCAR INC (NASDAQ:PCAR) as a possible candidate for growth investing. Investors should always do their own research, but we noticed PACCAR INC showing up in our Louis Navellier growth screen, which makes it worth to investigate a bit more.

Key Considerations for Growth Investors.

• The Return on Equity (ROE) of PACCAR INC stands at 24.18%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
• PACCAR INC has consistently surpassed EPS estimates in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.
• PACCAR INC has achieved significant 1-year revenue growth of 27.8%, signaling its ability to capture market opportunities and drive top-line expansion. This growth indicates the company's effective execution and its potential for continued success.
• With impressive quarter-to-quarter (Q2Q) revenue growth of 24.06%, PACCAR INC showcases its ability to generate increased sales and revenue. This growth indicates the company's strong customer demand and its effective business strategies.
• With positive growth in its operating margin over the past year, PACCAR INC showcases its ability to improve profitability through effective cost control and operational efficiency. This growth underscores the company's commitment to enhancing its financial performance.
• With a favorable trend in its free cash flow (FCF) over the past year, PACCAR INC demonstrates its ability to generate robust cash flows and maintain financial stability. This growth reflects the company's focus on efficient capital allocation and cash management.
• PACCAR INC has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 68.84% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• The average next Quarter EPS Estimate by analysts was adjusted by 12.51%, reflecting the evolving market expectations for the company's EPS growth.
• In the most recent financial report, PACCAR INC reported a 68.84% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
• PACCAR INC shows accelerating EPS growth: when comparing the current Q2Q growth of 68.84% to the previous year Q2Q growth of -2.13%, we see the growth rate improving.

What else is there to say on the fundamentals of NASDAQ:PCAR?

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.

Taking everything into account, PCAR scores 6 out of 10 in our fundamental rating. PCAR was compared to 132 industry peers in the Machinery industry. PCAR scores excellent on profitability, but there are some minor concerns on its financial health. PCAR scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings could make PCAR a good candidate for value investing.

For an up to date full fundamental analysis you can check the fundamental report of PCAR

More growth stocks can be found in our Lois Navellier screen.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.