PACCAR (PCAR) Stock May Be Below Fair Value As Cash Flow Holds Up

PACCAR has delivered a strong run over the past few years, which naturally raises a question for anyone looking at the stock today. Is the current share price really in line with the cash the business is expected to generate over time, or has enthusiasm moved ahead of those cash flows? Over the past 5 years, PACCAR has returned 168.2%, which puts a lot of past confidence into focus and makes the current valuation hinge on how dependable its future cash streams look. The group’s ability to...