NASDAQ:PCARPACCAR Stock Price, Forecast & News

PACCAR's stock was trading at $62.49 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PCAR shares have increased by 20.8% and is now trading at $75.46. 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) announced its quarterly earnings data on Tuesday, April, 21st. The company reported $1.03 earnings per share for the quarter, missing the consensus estimate of $1.21 by $0.18. The business had revenue of $4.78 billion for the quarter, compared to the consensus estimate of $4.89 billion. PACCAR had a return on equity of 21.76% and a net margin of 8.73%. The company's revenue was down 22.2% compared to the same quarter last year. During the same period last year, the company posted $1.81 EPS. View PACCAR's earnings history.

PACCAR declared a quarterly dividend on Tuesday, April 21st. Shareholders of record on Friday, May 1st will be paid 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 is Thursday, April 30th. View PACCAR's dividend history.

PACCAR declared that its Board of Directors has initiated a stock buyback plan on Tuesday, December 4th 2018, which authorizes the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 2.3% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board believes its shares are undervalued.

18 brokerages have issued 1-year price objectives for PACCAR's stock. Their forecasts range from $59.00 to $91.00. On average, they anticipate PACCAR's stock price to reach $77.07 in the next twelve months. This suggests a possible upside of 2.1% from the stock's current price. View analysts' price targets for PACCAR.

News headlines about PCAR stock have been trending negative this week, InfoTrie reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. PACCAR earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about PACCAR.

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

PACCAR's stock is owned by many different institutional and retail investors. Top institutional investors include Clarius Group LLC (0.38%), State of Alaska Department of Revenue (0.05%), Envestnet Asset Management Inc. (0.04%), DNB Asset Management AS (0.02%), Watchman Group Inc. (0.01%) and Patton Fund Management Inc. (0.00%). 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 Patton Fund Management Inc., and Watchman Group Inc.. Company insiders that have sold PACCAR company stock in the last year include Darrin C Siver, David J Danforth, Douglas S Grandstaff, Gary Lee Moore, Harrie Schippers, Henricus M B Wolters, Marco A Davila, T Kyle Quinn, and Todd R Hubbard. View insider buying and selling activity for PACCAR.

PCAR stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Envestnet Asset Management Inc., Clarius Group LLC, DNB Asset Management AS, and Ellevest Inc.. View insider buying and selling activity 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 $75.46.

PACCAR has a market capitalization of $26.09 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]