PACCAR Stock Forecast, Price & 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 38.0% and is now trading at $86.25.
View which stocks have been most impacted by COVID-19.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PACCAR in the last year. There are currently 2 sell ratings, 12 hold ratings, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for PACCAR or view MarketBeat's top 5 stock picks.

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PACCAR is scheduled to release its next quarterly earnings announcement on Tuesday, January 26th 2021.
View our earnings forecast for PACCAR.

PACCAR Inc (NASDAQ:PCAR) posted its quarterly earnings data on Tuesday, October, 20th. The company reported $1.11 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.96 by $0.15. The firm earned $4.54 billion during the quarter, compared to analyst estimates of $4.40 billion. PACCAR had a net margin of 7.95% and a return on equity of 16.85%. PACCAR's quarterly revenue was down 24.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.75 EPS.
View PACCAR's earnings history.

PACCAR declared a quarterly dividend on Monday, September 14th. Investors of record on Tuesday, November 10th will be given a dividend of $0.32 per share on Tuesday, December 1st. This represents a $1.28 annualized dividend and a yield of 1.48%. The ex-dividend date of this dividend is Monday, November 9th.
View PACCAR's dividend history.

PACCAR announced that its Board of Directors has initiated a stock buyback program on Tuesday, December 4th 2018, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 2.3% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's management believes its shares are undervalued.

19 brokers have issued 1-year price objectives for PACCAR's shares. Their forecasts range from $73.00 to $110.00. On average, they expect PACCAR's share price to reach $89.94 in the next twelve months. This suggests a possible upside of 4.3% from the stock's current price.
View analysts' price targets for PACCAR.

Some companies that are related to PACCAR include Caterpillar (CAT), Deere & Company (DE), Cummins (CMI), Wabtec (WAB), The Toro (TTC), AGCO (AGCO), Oshkosh (OSK), Navistar International (NAV), Trinity Industries (TRN), Terex (TEX), Meritor (MTOR), Federal Signal (FSS), Alamo Group (ALG), Astec Industries (ASTE) and Lindsay (LNN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other PACCAR investors own include Intel (INTC), Cisco Systems (CSCO), Gilead Sciences (GILD), The Walt Disney (DIS), Johnson & Johnson (JNJ), Caterpillar (CAT), General Electric (GE), Pfizer (PFE), AT&T (T) and The 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 BlackRock Inc. (7.22%), Great West Life Assurance Co. Can (5.47%), State Street Corp (4.39%), Principal Financial Group Inc. (1.01%), US Bancorp DE (0.77%) and Boston Partners (0.54%). Company insiders that own PACCAR stock include Alma Lily Ley, 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, Great Lakes Advisors LLC, BlackRock Inc., JPMorgan Chase & Co., Allianz Asset Management GmbH, NN Investment Partners Holdings N.V., Shelton Capital Management, and Charles Schwab Investment Management Inc.. Company insiders that have sold PACCAR company stock in the last year include Alma Lily Ley, C Michael Dozier, David J Danforth, Douglas S Grandstaff, Harrie Schippers, Marco A Davila, Mark C Pigott, and Todd R Hubbard.
View insider buying and selling activity for PACCAR.

PCAR stock was acquired by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, State Street Corp, Jupiter Asset Management Ltd., AQR Capital Management LLC, Arrowstreet Capital Limited Partnership, AJO LP, Cookson Peirce & Co. Inc., and DekaBank Deutsche Girozentrale.
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 $86.25.

PACCAR has a market capitalization of $29.88 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]