Pcar stock price forecast energy price forecasts indirectly

Energy price forecasts indirectly support a positive PCAR stock price forecast, as stable diesel costs sustain procurement budgets for long-haul trucking firms, lifting demand for PACCAR products. Meanwhile, PCAR's PEG ratio is currently 1.63. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Automotive - Domestic industry was having an average PEG ratio of 0.77. Take a deeper dive into Khan’s outlook for Cloudflare. PCAR stock price forecast benefits from government infrastructure spending, as highway expansion projects increase the need for heavy-duty trucks to transport raw materials.