PACCAR: A Leader in the Commercial Truck Industry
Company Overview
PACCAR, a leading manufacturer and distributor of commercial trucks, boasts a diverse portfolio of light-, medium-, and heavy-duty vehicles marketed under renowned brands such as Kenworth, Peterbilt, and DAF. With a workforce of 27,000 employees, the company has established itself as a dominant player in the industrials sector.
Truck Division Performance
In 2024, the Truck division reported impressive results, underscoring the company’s commitment to delivering high-quality products and services. This success is a testament to PACCAR’s dedication to meeting the evolving needs of its customers and dealers.
Expert Insights
William V. Selesky, Senior Analyst: Basic Materials at Argus, brings his extensive expertise to the table, having worked in the investment business for over 15 years. His impressive background includes stints at prominent firms such as Palisade Capital Management, PaineWebber/Mitchell Hutchins Asset Management, and John Hsu Capital Group. Selesky has provided in-depth coverage of various sectors, including Consumer Staples, Consumer Discretionary, Energy, Media, Transportation, Gaming, and Utilities.
Selesky’s Credentials
Prior to his investment career, Selesky spent eight years as a credit analyst at American Express Company and five years as an analyst at Equifax Services. He holds a Master of Business Administration degree in Investment Finance from Pace University and a Bachelor of Science degree in Economics from Fordham University.
Current Market Performance
As of January 30, 2025, PACCAR’s current price stands at $110.89, with a price target and earnings estimate that reflect the company’s strong market position.
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