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$113.90-0.72%as of Sep 22, 2026
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PACCAR drifted lower on a modest 0.7% session that was weaker than the Nasdaq 100's 0.8% gain and similar to mixed peer trading, so the move looks more stock- and sector-specific than market-driven. The backdrop is mixed: margins remain solid, but revenue is down 10.6% YoY (TTM) and EPS is down 18.6% YoY (TTM), leaving the picture balanced rather than clearly strong.

PCAR

PACCAR INC

As of Sep 22, 2026

56/100

Worth keeping an eye onHealth Score

What drove the move

PCAR fell 0.7% even though the S&P 500 was flat at -0.0% and the Nasdaq 100 rose 0.8%, so the broad market does not explain it. Within the sector, CAT was -1.0%, CMI was -1.6%, WAB was +2.2%, and ALSN was -2.9%, which points to a mixed industrial/truck tape rather than a clean index-driven move. The primary cause looks sector- and stock-specific, not macro-wide, because PCAR underperformed a rising Nasdaq 100 while trading alongside weaker names like CAT, CMI, and ALSN.

Is this ordinary volatility?

This looks like ordinary but not trivial volatility: PCAR’s beta is 0.95, so it should not be dramatically more volatile than the market, yet the stock is still moving against a backdrop of softer fundamentals. Revenue is -10.6% YoY (TTM) and EPS is -18.6% YoY (TTM), while margins are still respectable at gross +20.0%, operating +12.8%, and net +9.0%. Valuation is not cheap at PE 23.6 and forward PE 20.7, and the PEG is not meaningful here because EPS growth is negative, so the stock is not being priced on a clean growth story. Analyst consensus is mixed-to-cautious rather than strongly constructive, with 5 strong-positive, 6 positive, 14 neutral, 1 negative, and 0 strong-negative, which supports a neutral read rather than a clear deterioration signal.

Earnings preview

The next earnings date is 2026-10-19. The facts provided do not include consensus revenue or EPS estimates for that report, so I cannot state expected growth or margin change from the available data. What the market is likely to focus on is whether revenue can stabilize after -10.6% YoY (TTM), whether EPS pressure from -18.6% YoY (TTM) is easing, and whether margins remain near the current gross +20.0%, operating +12.8%, and net +9.0% levels. Prior reaction around earnings is not given here, so I won’t infer a pattern from unavailable data.

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