PACCAR-Paccar (PCAR) Stock Jumps 8.7%: Will It Continue to Soar?

Group 1 - Paccar (PCAR) shares increased by 8.7% to $93.93, following a significant trading volume, contrasting with a 17.5% loss over the past four weeks [1][2] - The stock surge is attributed to a broader market rebound after the Trump administration announced a temporary halt on reciprocal tariffs, alleviating fears of a recession [2] - Paccar is expected to report quarterly earnings of$ 1.58 per share, reflecting a year-over-year decline of 30.4%, with revenues projected at $7.05 billion, down 14.3% from the previous year [3] Group 2 - The consensus EPS estimate for Paccar has been revised down by 1.5% over the last 30 days, indicating a negative trend in earnings estimate revisions, which typically does not lead to price appreciation [4] - Paccar holds a Zacks Rank of 3 (Hold), while Ford Motor Company, another player in the automotive industry, closed 9.3% higher at$ 9.50, despite a -10.3% return over the past month [4] - Ford Motor's EPS estimate has decreased by 12.8% over the past month to -$0.02, representing a significant year-over-year change of -104.1%, and currently holds a Zacks Rank of 5 (Strong Sell) [5]