NASDAQ:PCAR - PACCAR Stock Price, Forecast & News

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

PACCAR declared a quarterly dividend on Wednesday, September 11th. Investors of record on Tuesday, November 12th will be given a dividend of $0.32 per share on Tuesday, December 3rd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date is Friday, November 8th. View PACCAR's Dividend History.

PACCAR declared that its board has authorized a share buyback program on Tuesday, December 4th 2018, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 2.3% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board of directors believes its stock is undervalued.

PACCAR Inc (NASDAQ:PCAR) issued its quarterly earnings results on Tuesday, October, 22nd. The company reported $1.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.64 by $0.11. The business earned $6 billion during the quarter, compared to analyst estimates of $5.97 billion. PACCAR had a net margin of 9.45% and a return on equity of 26.11%. The firm's revenue for the quarter was up 10.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.55 earnings per share. View PACCAR's Earnings History.

PACCAR is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for PACCAR.

16 Wall Street analysts have issued twelve-month price objectives for PACCAR's stock. Their forecasts range from $62.00 to $90.00. On average, they expect PACCAR's stock price to reach $72.64 in the next year. This suggests that the stock has a possible downside of 10.2%. View Analyst Price Targets for PACCAR.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PACCAR in the last year. There are currently 4 sell ratings, 8 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PACCAR.

Media coverage about PCAR stock has trended somewhat negative on Monday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. PACCAR earned a coverage optimism score of -1.7 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for PACCAR.

PACCAR saw a decrease in short interest in the month of October. As of October 31st, there was short interest totalling 7,470,000 shares, a decrease of 16.0% from the September 30th total of 8,890,000 shares. Based on an average daily trading volume, of 1,800,000 shares, the days-to-cover ratio is presently 4.2 days. Approximately 2.2% of the shares of the stock are short sold. View PACCAR's Current Options Chain.

Some companies that are related to PACCAR include Caterpillar (CAT), Deere & Company (DE), Cummins (CMI), Westinghouse Air Brake Technologies (WAB), Toro (TTC), WABCO (WBC), Oshkosh (OSK), AGCO (AGCO), Navistar International (NAV), Trinity Industries (TRN), Terex (TEX), Federal Signal (FSS), Meritor (MTOR), Alamo Group (ALG) and Douglas Dynamics (PLOW).

Based on aggregate information from My MarketBeat watchlists, some companies that other PACCAR investors own include Intel (INTC), Caterpillar (CAT), Cummins (CMI), Boeing (BA), Gilead Sciences (GILD), Walt Disney (DIS), Cisco Systems (CSCO), Starbucks (SBUX), Ford Motor (F) and General Electric (GE).

PACCAR's stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (4.30%), Boston Partners (0.59%), Sumitomo Mitsui Trust Holdings Inc. (0.39%), Parametric Portfolio Associates LLC (0.29%), California Public Employees Retirement System (0.24%) and Great Lakes Advisors LLC (0.20%). Company insiders that own PACCAR stock include C Michael Dozier, Darrin C Siver, David J Danforth, Douglas S Grandstaff, Gary Lee Moore, Harrie Schippers, Henricus M B Wolters, Marco A Davila, Mark C Pigott, Michael T Barkley, R Preston Feight, Ronald E Armstrong, T Kyle Quinn and Todd R Hubbard. View Institutional Ownership Trends for PACCAR.

PCAR stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, State of New Jersey Common Pension Fund D, Harel Insurance Investments & Financial Services Ltd., Mackay Shields LLC, State Street Corp, Gamco Investors INC. ET AL, Zurcher Kantonalbank Zurich Cantonalbank and Dupont Capital Management Corp. Company insiders that have sold PACCAR company stock in the last year include C Michael Dozier, Darrin C Siver, David J Danforth, Douglas S Grandstaff, Gary Lee Moore, Harrie Schippers, Henricus M B Wolters, Marco A Davila, Michael T Barkley, R Preston Feight, Ronald E Armstrong, T Kyle Quinn and Todd R Hubbard. View Insider Buying and Selling for PACCAR.

PCAR stock was acquired by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Millennium Management LLC, Squarepoint Ops LLC, Denali Advisors LLC, Winmill & CO. Inc., Pictet Asset Management Ltd., Chicago Equity Partners LLC and PGGM Investments. Company insiders that have bought PACCAR stock in the last two years include Douglas S Grandstaff and Marco A Davila. View Insider Buying and Selling for PACCAR.

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

One share of PCAR stock can currently be purchased for approximately $80.85.

PACCAR has a market capitalization of $27.96 billion and generates $23.50 billion in revenue each year. The company earns $2.20 billion in net income (profit) each year or $6.24 on an earnings per share basis. PACCAR employs 28,000 workers across the globe.View Additional Information About PACCAR.

The official website for PACCAR is http://www.paccar.com/.

PACCAR's mailing address is 777 106TH AVENUE NE, BELLEVUE WA, 98004. The company can be reached via phone at 425-468-7400 or via email at [email protected]