PACCAR Stock Price, Forecast & Analysis (NASDAQ:PCAR)

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

PACCAR announced a quarterly dividend on Wednesday, September 11th. Shareholders 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 annualized dividend and a yield of 1.60%. The ex-dividend date of this dividend is Friday, November 8th. View PACCAR's Dividend History.

PACCAR announced that its Board of Directors has approved a stock buyback plan on Tuesday, December 4th 2018, which permits the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 2.3% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's management believes its stock is undervalued.

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

15 Wall Street analysts have issued 1 year target prices for PACCAR's shares. Their forecasts range from $62.00 to $80.00. On average, they expect PACCAR's share price to reach $71.06 in the next twelve months. This suggests that the stock has a possible downside of 11.4%. View Analyst Price Targets for PACCAR.

15 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 and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PACCAR.

News articles about PCAR stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. PACCAR earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock'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 trading volume of 1,800,000 shares, the short-interest ratio is currently 4.2 days. Approximately 2.2% of the company's shares 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), Gilead Sciences (GILD), Boeing (BA), Walt Disney (DIS), Ford Motor (F), General Electric (GE), Cisco Systems (CSCO) and Micron Technology (MU).

PACCAR's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.39%), California Public Employees Retirement System (0.24%), Great Lakes Advisors LLC (0.20%), Rhumbline Advisers (0.17%), PGGM Investments (0.15%) and New York State Teachers Retirement System (0.13%). 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, Gamco Investors INC. ET AL, Zurcher Kantonalbank Zurich Cantonalbank, Dupont Capital Management Corp and Bowling Portfolio Management LLC. 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 purchased by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Denali Advisors LLC, Winmill & CO. Inc., Chicago Equity Partners LLC, PGGM Investments, Bristlecone Advisors LLC, Hancock Whitney Corp and SG Americas Securities LLC. 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 $80.22.

PACCAR has a market capitalization of $27.75 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]