NASDAQ:PCARPACCAR Stock Price, Forecast & News

PACCAR's stock was trading at $62.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PCAR stock has increased by 19.1% and is now trading at $74.43. 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) issued its quarterly earnings data on Tuesday, April, 21st. The company reported $1.03 EPS for the quarter, missing the consensus estimate of $1.21 by $0.18. The firm earned $4.78 billion during the quarter, compared to analysts' expectations of $4.89 billion. PACCAR had a return on equity of 21.76% and a net margin of 8.73%. The company's revenue for the quarter was down 22.2% compared to the same quarter last year. During the same quarter last year, the firm earned $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 paid a dividend of $0.085 per share on Friday, May 15th. This represents a $0.34 annualized dividend and a yield of 0.46%. The ex-dividend date of this dividend is Thursday, April 30th. View PACCAR's dividend history.

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

18 analysts 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 share price to reach $77.07 in the next twelve months. This suggests a possible upside of 3.5% from the stock's current price. View analysts' price targets for PACCAR.

Media headlines about PCAR stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. PACCAR earned a media sentiment score of -1.8 on InfoTrie's scale. They also assigned news stories 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 near term. View the latest news about PACCAR.

PACCAR saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 4,280,000 shares, a decline 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 days-to-cover ratio is currently 2.1 days. Approximately 1.3% of the shares of the stock are sold short. 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 a variety of retail and institutional investors. Top institutional shareholders 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%), UNIVEST FINANCIAL Corp (0.01%) and Watchman Group Inc. (0.01%). 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 UNIVEST FINANCIAL Corp, Patton Fund Management Inc., Carnegie Capital Asset Management LLC, 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 acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Envestnet Asset Management Inc., Clarius Group LLC, Unison Advisors 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 $74.43.

PACCAR has a market capitalization of $25.73 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]