PACCAR (PCAR) Stock Forecast, Price & News

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PACCAR in the last twelve months. There are currently 1 sell rating, 8 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PCAR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PCAR, but not buy additional shares or sell existing shares.
View PCAR analyst ratings or view top-rated stocks.

13 brokers have issued 1 year target prices for PACCAR's stock. Their PCAR share price forecasts range from $44.44 to $105.00. On average, they anticipate the company's share price to reach $74.57 in the next year. This suggests that the stock has a possible downside of 12.2%.
View analysts price targets for PCAR or view top-rated stocks among Wall Street analysts.

PACCAR's stock was trading at $43.9867 on January 1st, 2023. Since then, PCAR shares have increased by 93.1% and is now trading at $84.93.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our PCAR earnings forecast.

PACCAR will be holding an earnings conference call on Tuesday, October 24th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link.

PACCAR Inc (NASDAQ:PCAR) released its quarterly earnings data on Tuesday, July, 25th. The company reported $2.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.18 by $0.15. The firm earned $8.44 billion during the quarter, compared to analyst estimates of $8.31 billion. PACCAR had a net margin of 11.20% and a trailing twelve-month return on equity of 29.75%. The firm's quarterly revenue was up 24.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.38 EPS.
Read the conference call transcript.

PACCAR announced a quarterly dividend on Tuesday, September 12th. Stockholders of record on Wednesday, November 15th will be given a dividend of $0.27 per share on Wednesday, December 6th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend is Tuesday, November 14th.
Read our dividend analysis for PCAR.

ETFs with the largest weight of PACCAR (NASDAQ:PCAR) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA), First Trust Nasdaq Transportation ETF (FTXR), Mohr Growth ETF (MOHR), Kovitz Core Equity ETF (EQTY), Invesco Bloomberg MVP Multi-factor ETF (PWC), Global SuperDividend US ETF (DIV) and First Trust Capital Strength ETF (FTCS).

PACCAR (NASDAQ:PCAR) pays an annual dividend of $1.08 per share and currently has a dividend yield of 1.27%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 15.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PCAR will have a dividend payout ratio of 15.84% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PCAR.

Shares of PACCAR split on Friday, January 13th 2023. The 3-2 split was announced on Friday, January 13th 2023. The newly issued shares were payable to shareholders after the market closes on Friday, January 13th 2023. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

21 employees have rated PACCAR Chief Executive Officer Preston Feight on Glassdoor.com. Preston Feight has an approval rating of 63% among the company's employees. This puts Preston Feight in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other PACCAR investors own include Intel (INTC), Cisco Systems (CSCO), Gilead Sciences (GILD), Walt Disney (DIS), Johnson & Johnson (JNJ), Caterpillar (CAT), General Electric (GE), Pfizer (PFE), AT&T (T) and Boeing (BA).

PACCAR trades on the NASDAQ under the ticker symbol "PCAR."

PACCAR's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (6.89%), State Street Corp (4.07%), Geode Capital Management LLC (2.32%), Bank Julius Baer & Co. Ltd Zurich (1.37%), Dimensional Fund Advisors LP (1.10%) and Alliancebernstein L.P. (1.04%). Insiders that own company stock include Alison J Carnwath, C Michael Dozier, Harrie Schippers, Jack K Levier, Mark C Pigott, Michael K Walton, Michael T Barkley, R Preston Feight and Todd R Hubbard.
View institutional ownership trends.

Shares of PCAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PCAR stock can currently be purchased for approximately $84.93.

PACCAR (NASDAQ:PCAR) has a market capitalization of $44.40 billion and generates $28.82 billion in revenue each year. The company earns $3.01 billion in net income (profit) each year or $6.9633 on an earnings per share basis.

The company employs 31,100 workers across the globe.

PACCAR's mailing address is 777 106TH AVENUE NE, BELLEVUE WA, 98004. The official website for the company is www.paccar.com. The company can be reached via phone at (425) 468-7400, via email at investor.relations@paccar.com, or via fax at 425-468-8216.