Q2 guidance for PACCAR Parts sales accelerated to 4%–6% growth for Q3 versus Q2’s 2%–4% outlook in the prior quarter. Gross margins guided slightly down to around 13% for Q3 from 13.9% in Q2 and were ...

Our fair value estimate is $20.50 per share. Our long-term sales assumption relies on continued innovation from the firm—which allocates 4% of sales to research and development—as well as long-term ...