PACCAR - PCAR Stock Forecast, Price & News

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PACCAR in the last year. There are currently 1 sell rating, 8 hold ratings, 4 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.

14 analysts have issued 1 year target prices for PACCAR's stock. Their PCAR share price forecasts range from $85.00 to $107.00. On average, they expect the company's stock price to reach $96.60 in the next twelve months. This suggests that the stock has a possible downside of 7.3%.
View analysts price targets for PCAR or view top-rated stocks among Wall Street analysts.

PACCAR's stock was trading at $88.26 at the beginning of 2022. Since then, PCAR shares have increased by 18.1% and is now trading at $104.26.
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PACCAR saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 4,080,000 shares, an increase of 25.2% from the October 31st total of 3,260,000 shares. Based on an average trading volume of 1,940,000 shares, the short-interest ratio is currently 2.1 days. Approximately 1.2% of the shares of the stock are short sold.
View PACCAR's Short Interest.

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

PACCAR Inc (NASDAQ:PCAR) posted its quarterly earnings data on Tuesday, October, 25th. The company reported $2.21 EPS for the quarter, beating the consensus estimate of $2.00 by $0.21. The company had revenue of $6.69 billion for the quarter, compared to the consensus estimate of $6.65 billion. PACCAR had a trailing twelve-month return on equity of 21.24% and a net margin of 9.50%. PACCAR's revenue for the quarter was up 41.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.08 EPS.
Read the conference call transcript.

PACCAR declared a quarterly dividend on Tuesday, September 13th. Shareholders of record on Tuesday, November 15th will be given a dividend of $0.37 per share on Tuesday, December 6th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date of this dividend is Monday, November 14th. This is a positive change from the stock's previous quarterly dividend of $0.34.
Read our dividend analysis for PCAR.

PACCAR (NASDAQ:PCAR) pays an annual dividend of $1.48 per share and currently has a dividend yield of 1.43%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 19.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PCAR will have a dividend payout ratio of 17.68% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PCAR.

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 a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.90%), BlackRock Inc. (7.16%), State Street Corp (4.09%), Massachusetts Financial Services Co. MA (2.31%), Price T Rowe Associates Inc. MD (2.12%) and Dimensional Fund Advisors LP (0.96%). Insiders that own company stock include Alison J Carnwath, Alma Lily Ley, C Michael Dozier, David J Danforth, Douglas S Grandstaff, Harrie Schippers, Jack K Levier, Marco A Davila, Mark C Pigott, Michael K Walton, 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 $104.26.

PACCAR (NASDAQ:PCAR) has a market capitalization of $36.26 billion and generates $23.52 billion in revenue each year. The company earns $1.85 billion in net income (profit) each year or $7.47 on an earnings per share basis.

The company employs 28,500 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.