Zacks Research Has Strong Forecast for PACCAR Q2 Earnings

PACCAR Inc. (NASDAQ:PCAR - Free Report) - Stock analysts at Zacks Research raised their Q2 2026 earnings estimates for shares of PACCAR in a research note issued to investors on Tuesday, July 15th. Zacks Research analyst R. Singhi now expects that the company will earn $1.61 per share for the quarter, up from their prior forecast of $1.58. The consensus estimate for PACCAR's current full-year earnings is $7.57 per share. Zacks Research also issued estimates for PACCAR's Q3 2026 earnings at $1.78 EPS, Q4 2026 earnings at $1.78 EPS, FY2026 earnings at $6.64 EPS, Q1 2027 earnings at $1.62 EPS, Q2 2027 earnings at $1.63 EPS and FY2027 earnings at $6.71 EPS.

PACCAR (NASDAQ:PCAR - Get Free Report) last released its earnings results on Tuesday, April 29th. The company reported $1.46 EPS for the quarter, missing the consensus estimate of $1.58 by ($0.12). PACCAR had a net margin of 10.73% and a return on equity of 20.79%. The business had revenue of $6.91 billion for the quarter, compared to the consensus estimate of $7.13 billion. During the same period in the prior year, the business posted $2.27 EPS. PACCAR's revenue for the quarter was down 16.0% on a year-over-year basis.

PCAR has been the subject of several other research reports. UBS Group cut shares of PACCAR from a "neutral" rating to a "sell" rating and dropped their price target for the company from $108.00 to $78.00 in a research report on Monday, April 7th. JPMorgan Chase & Co. cut shares of PACCAR from an "overweight" rating to a "neutral" rating and dropped their target price for the stock from $105.00 to $90.00 in a research report on Wednesday, April 30th. Wall Street Zen cut shares of PACCAR from a "hold" rating to a "sell" rating in a research report on Sunday. Royal Bank Of Canada decreased their target price on shares of PACCAR from $106.00 to $97.00 and set a "sector perform" rating for the company in a report on Thursday, May 8th. Finally, Evercore ISI decreased their target price on shares of PACCAR from $127.00 to $115.00 and set an "outperform" rating for the company in a report on Monday, May 19th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $104.59.

PACCAR Price Performance

PCAR stock opened at $95.39 on Thursday. The firm has a market cap of $50.08 billion, a P/E ratio of 14.45, a P/E/G ratio of 3.52 and a beta of 0.94. The company has a debt-to-equity ratio of 0.55, a quick ratio of 2.19 and a current ratio of 2.35. The firm's fifty day moving average is $94.60 and its 200 day moving average is $98.72. PACCAR has a 52 week low of $84.65 and a 52 week high of $118.81.

PACCAR Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 14th will be given a dividend of $0.33 per share. The ex-dividend date is Thursday, August 14th. This represents a $1.32 annualized dividend and a yield of 1.38%. PACCAR's dividend payout ratio (DPR) is 20.00%.

Insider Transactions at PACCAR

In other PACCAR news, Director Pierre R. Breber bought 5,000 shares of the business's stock in a transaction that occurred on Tuesday, May 6th. The stock was bought at an average cost of $89.78 per share, for a total transaction of $448,900.00. Following the completion of the transaction, the director owned 13,015 shares of the company's stock, valued at $1,168,486.70. This represents a 62.38% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.02% of the company's stock.

Hedge Funds Weigh In On PACCAR

A number of hedge funds have recently modified their holdings of the company. PDS Planning Inc lifted its holdings in shares of PACCAR by 3.7% in the fourth quarter. PDS Planning Inc now owns 2,810 shares of the company's stock worth $292,000 after buying an additional 101 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in PACCAR by 14.4% during the fourth quarter. EverSource Wealth Advisors LLC now owns 850 shares of the company's stock valued at $88,000 after acquiring an additional 107 shares during the last quarter. Farmers & Merchants Investments Inc. grew its holdings in shares of PACCAR by 33.1% in the first quarter. Farmers & Merchants Investments Inc. now owns 466 shares of the company's stock worth $45,000 after purchasing an additional 116 shares during the last quarter. RMR Wealth Builders grew its holdings in shares of PACCAR by 1.4% in the first quarter. RMR Wealth Builders now owns 8,713 shares of the company's stock worth $848,000 after purchasing an additional 122 shares during the last quarter. Finally, Applied Capital LLC FL grew its holdings in shares of PACCAR by 0.5% in the first quarter. Applied Capital LLC FL now owns 25,210 shares of the company's stock worth $2,455,000 after purchasing an additional 124 shares during the last quarter. 64.90% of the stock is currently owned by institutional investors.

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.

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