PACCAR (PCAR) to Release Quarterly Earnings on Tuesday

PACCAR (NASDAQ:PCAR - Get Free Report) is anticipated to announce its Q1 2025 earnings results before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $1.59 per share and revenue of $7.13 billion for the quarter.

PACCAR (NASDAQ:PCAR - Get Free Report) last announced its earnings results on Tuesday, January 28th. The company reported $1.66 earnings per share for the quarter, missing the consensus estimate of $1.70 by ($0.04). PACCAR had a net margin of 12.36% and a return on equity of 23.53%. On average, analysts expect PACCAR to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

PACCAR Stock Down 0.9 %

Shares of PCAR stock traded down $0.79 on Friday, hitting $91.89. The stock had a trading volume of 2,869,209 shares, compared to its average volume of 2,750,562. The firm has a market capitalization of $48.24 billion, a price-to-earnings ratio of 11.62, a P/E/G ratio of 2.77 and a beta of 0.96. The stock's 50 day moving average is $97.55 and its 200-day moving average is $105.37. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.39 and a current ratio of 2.54. PACCAR has a 52-week low of $85.05 and a 52-week high of $118.81.

PACCAR Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Wednesday, February 12th were paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 1.44%. This is an increase from PACCAR's previous quarterly dividend of $0.30. The ex-dividend date was Wednesday, February 12th. PACCAR's dividend payout ratio is 16.69%.

Insider Transactions at PACCAR

In related news, VP Michael K. Walton sold 6,000 shares of the stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $106.13, for a total value of $636,780.00. Following the sale, the vice president now owns 951 shares of the company's stock, valued at $100,929.63. This trade represents a 86.32 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Todd R. Hubbard sold 2,000 shares of the stock in a transaction dated Friday, January 31st. The stock was sold at an average price of $112.05, for a total transaction of $224,100.00. Following the completion of the sale, the vice president now directly owns 5,463 shares in the company, valued at approximately $612,129.15. This trade represents a 26.80 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 165,547 shares of company stock worth $18,261,908. 2.02% of the stock is currently owned by insiders.

Hedge Funds Weigh In On PACCAR

A hedge fund recently raised its stake in PACCAR stock. Brighton Jones LLC increased its holdings in PACCAR Inc (NASDAQ:PCAR - Free Report) by 0.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,001 shares of the company's stock after purchasing an additional 290 shares during the quarter. Brighton Jones LLC's holdings in PACCAR were worth $9,258,000 at the end of the most recent quarter. Institutional investors own 64.90% of the company's stock.

Wall Street Analyst Weigh In

PCAR has been the topic of a number of research analyst reports. UBS Group downgraded shares of PACCAR from a "neutral" rating to a "sell" rating and reduced their price objective for the company from $108.00 to $78.00 in a research note on Monday, April 7th. Bank of America upgraded shares of PACCAR from a "neutral" rating to a "buy" rating and increased their price objective for the company from $116.00 to $121.50 in a research note on Tuesday, January 14th. Morgan Stanley downgraded shares of PACCAR from an "overweight" rating to an "equal weight" rating and set a $96.00 price objective on the stock. in a research note on Wednesday, April 16th. Evercore ISI reduced their price objective on shares of PACCAR from $129.00 to $127.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 19th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of PACCAR from $121.00 to $105.00 and set an "overweight" rating on the stock in a research note on Friday, April 11th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, PACCAR presently has a consensus rating of "Hold" and a consensus target price of $108.59.

PACCAR Company Profile

PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Canada, Europe, Mexico, South America, Australia, and internationally. It operates through three segments: Truck, Parts, and Financial Services. The Truck segment designs, manufactures, and distributes trucks for the over-the-road and off-highway hauling of commercial and consumer goods.