PACCAR Company Profile (NASDAQ:PCAR)

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

PACCAR declared a quarterly dividend on Tuesday, July 11th. Shareholders of record on Wednesday, August 16th will be given a dividend of $0.25 per share on Wednesday, September 6th. This represents a $1.00 annualized dividend and a yield of 1.58%. The ex-dividend date is Monday, August 14th. View PACCAR's Dividend History.

PACCAR Inc. (NASDAQ:PCAR) announced its quarterly earnings data on Tuesday, July, 25th. The company reported $1.06 EPS for the quarter, topping the Zacks' consensus estimate of $0.99 by $0.07. The firm had revenue of $4.40 billion for the quarter, compared to analyst estimates of $4.29 billion. PACCAR had a net margin of 7.77% and a return on equity of 18.61%. PACCAR's revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the business posted $1.06 earnings per share. View PACCAR's Earnings History.

PACCAR is scheduled to release their next quarterly earnings announcement on Tuesday, October, 24th 2017. View Earnings Estimates for PACCAR.

18 analysts have issued 1-year price targets for PACCAR's stock. Their forecasts range from $56.00 to $85.00. On average, they expect PACCAR's share price to reach $71.87 in the next twelve months. View Analyst Ratings for PACCAR.

Here are some recent quotes from research analysts about PACCAR stock:

• 1. According to Zacks Investment Research, "PACCAR’s earnings and revenues beat the Zacks Consensus Estimate in the second quarter. Compared with the year-ago figures, the company’s earnings per share were lower, whereas the revenue was higher. A strong balance sheet has been enabling it to invest in the development of new technologies, enhanced manufacturing facilities and after-market support. A stable market has also enabled PACCAR to project an increase in volume sales for 2017 in comparison to the previous year. However, a decline in used truck prices and a tough competition among peers in the commercial truck market remain a concern. The company’s shares have also significantly underperformed the industry it belongs to." (7/31/2017)
• 2. Goldman Sachs Group, Inc. (The) analysts commented, "We see 8 percent upside to FactSet consensus and note the upgrade shifts the mix of our Buy ratings to higher-returns businesses," the firm said.Downgrading Terex On Valuation Goldman downgraded shares of Terex to Neutral from Buy, as the stock trades in-line with its 12-month price target of $37. The firm clarified that its Buy-rated stocks present 22-percent upside from current levels.The firm said it remains positive on Terex's turnaround plan."But with capital re-allocation initiatives nearly complete and the stock now trading at 13x our unchanged mid-cycle EPS estimate of $2.90, we believe the risk-reward has moved into balance," (6/15/2017)

PACCAR saw a decrease in short interest in July. As of July 14th, there was short interest totalling 8,237,228 shares, a decrease of 14.9% from the June 30th total of 9,685,103 shares. Based on an average daily volume of 1,823,338 shares, the days-to-cover ratio is currently 4.5 days. Currently, 2.4% of the shares of the company are short sold.

Some companies that are related to PACCAR include CNH Industrial NV (CNHI), Wabco Holdings (WBC), AGCO Corporation (AGCO), Allison Transmission Holdings (ALSN), Melrose Industries PLC (MRO), Terex Corporation (TEX), Navistar International Corporation (NAV), Hyster-Yale Materials Handling (HY), Manitowoc Company, Inc. (The) (MTW), Federal Signal Corporation (FSS), Douglas Dynamics (PLOW) and ASV Holdings (ASV).

PACCAR's management team includes the folowing people:

• Mark C. Pigott, Executive Chairman of the Board
• Ronald E. Armstrong, Chief Executive Officer, Director
• Harrie C.A.M. Schippers, Chief Financial Officer, Executive Vice President
• Gary Lee Moore, Executive Vice President
• Michael T. Barkley, Senior Vice President, Controller
• Robert A. Bengston, Senior Vice President - Financial Services
• Darrin C. Siver, Senior Vice President
• Alma Lily Ley, Chief Information Officer, Vice President
• James David Clack, Vice President, General Counsel, Secretary
• Jack K. LeVier, Vice President - Human Resources

PACCAR's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.26%), Vanguard Group Inc. (6.99%), State Street Corp (4.22%), Capital World Investors (3.36%), Fiduciary Management Inc. WI (1.93%) and Bank of New York Mellon Corp (1.73%). Company insiders that own PACCAR stock include Alma Lily Ley, C Michael Dozier, David C Anderson, Gary Lee Moore, Harrie Schippers, Mark C Pigott, Michael T Barkley, Robert A Bengston, Ronald E Armstrong and T Kyle Quinn. View Institutional Ownership Trends for PACCAR.

PACCAR's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Fiduciary Management Inc. WI, British Airways Pensions Investment Management Ltd, State Street Corp, Mitsubishi UFJ Trust & Banking Corp, BNP Paribas Arbitrage SA, Boston Advisors LLC and First Trust Advisors LP. Company insiders that have sold PACCAR stock in the last year include Alma Lily Ley, C Michael Dozier, Gary Lee Moore, Mark C Pigott, Michael T Barkley, Robert A Bengston, Ronald E Armstrong and T Kyle Quinn. View Insider Buying and Selling for PACCAR.

PACCAR's stock was purchased by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., BlackRock Inc., Renaissance Technologies LLC, Vanguard Group Inc., Victory Capital Management Inc., American Century Companies Inc., Bank of New York Mellon Corp and Marathon Asset Management LLP. View Insider Buying and Selling for PACCAR.

Shares of PACCAR can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of PACCAR stock can currently be purchased for approximately $63.15.