PACCAR Inc. (PCAR) was a big mover last session, as the company saw its shares rise by over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $62.83 to $64.95 in the past one-month time frame.
This auto company has seen one negative estimate revision over the past 30 days and its Zacks Consensus Estimate has moved down over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
PACCAR has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
Some better-ranked stocks in the same industry include Fox Factory Holding Corp. (FOXF), Fresh Del Monte Produce Inc. (FDP) and Pilgrim's Pride Corporation (PPC). All these stocks carry a Zacks Rank #1 (Strong Buy).
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PACCAR INC (PCAR): Free Stock Analysis Report
FOX FACTORY HOLDING CORP (FOXF): Free Stock Analysis Report
FRESH DEL MONTE PRODUCE (FDP): Free Stock Analysis Report
PILGRIM'S PRIDE CORP (PPC): Free Stock Analysis Report
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