NASDAQ:PCARPACCAR Stock Price, Forecast & News

PACCAR's stock was trading at $62.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PCAR stock has increased by 21.1% and is now trading at $75.68. View which stocks have been most impacted by Coronavirus.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PACCAR in the last year. There are currently 2 sell ratings, 9 hold ratings, 6 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for PACCAR.

PACCAR is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for PACCAR.

PACCAR Inc (NASDAQ:PCAR) released its quarterly earnings data on Tuesday, April, 21st. The company reported $1.03 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.21 by $0.18. The company earned $4.78 billion during the quarter, compared to analysts' expectations of $4.89 billion. PACCAR had a net margin of 8.73% and a return on equity of 21.76%. The company's quarterly revenue was down 22.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.81 EPS. View PACCAR's earnings history.

PACCAR announced a quarterly dividend on Tuesday, April 21st. Stockholders of record on Friday, May 1st will be given a dividend of $0.085 per share on Friday, May 15th. This represents a $0.34 annualized dividend and a yield of 0.45%. The ex-dividend date of this dividend is Thursday, April 30th. View PACCAR's dividend history.

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

18 brokers have issued 12 month price targets for PACCAR's shares. Their forecasts range from $59.00 to $91.00. On average, they anticipate PACCAR's stock price to reach $77.07 in the next year. This suggests a possible upside of 1.8% from the stock's current price. View analysts' price targets for PACCAR.

News articles about PCAR stock have trended negative this week, according to InfoTrie. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. PACCAR earned a coverage optimism score of -2.1 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about PACCAR.

PACCAR saw a decrease in short interest in June. As of June 30th, there was short interest totaling 4,280,000 shares, a decrease of 13.0% from the June 15th total of 4,920,000 shares. Based on an average trading volume of 2,070,000 shares, the short-interest ratio is presently 2.1 days. Approximately 1.3% 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), Oshkosh (OSK), AGCO (AGCO), Navistar International (NAV), Trinity Industries (TRN), Federal Signal (FSS), Meritor (MTOR), Terex (TEX), Alamo Group (ALG), Astec Industries (ASTE) and Lindsay (LNN). View all competitors.

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

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

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 $75.68.

PACCAR has a market capitalization of $26.16 billion and generates $25.60 billion in revenue each year. The company earns $2.39 billion in net income (profit) each year or $6.87 on an earnings per share basis. PACCAR employs 27,000 workers across the globe.

The official website for PACCAR is 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]