PACCAR Company Profile (NASDAQ:PCAR)

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

PACCAR declared a quarterly dividend on Tuesday, July 11th. Investors 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 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date is Monday, August 14th. View PACCAR's Dividend History.

PACCAR Inc. (NASDAQ:PCAR) issued its earnings results on Tuesday, July, 25th. The company reported $1.06 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.99 by $0.07. The company earned $4.40 billion during the quarter, compared to analysts' expectations of $4.29 billion. PACCAR had a return on equity of 18.61% and a net margin of 7.77%. The company's quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous 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 Monday, October, 23rd 2017. View Earnings Estimates for PACCAR.

18 brokerages have issued twelve-month price objectives for PACCAR's shares. Their forecasts range from $56.00 to $85.00. On average, they anticipate PACCAR's stock price to reach $71.87 in the next year. View Analyst Ratings for PACCAR.

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

• 1. According to Zacks Investment Research, "Annual estimates for PACCAR have been going up of late. PACCAR benefits from a sizeable market share in the U.S. and Canada along with active capital deployment. The company’s expansion plans as well as rising European industry sales also inspire optimism. PACCAR is also well positioned in the key markets due to its strategic investments." (7/12/2017)
• 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 drop in short interest in July. As of July 14th, there was short interest totalling 8,237,228 shares, a drop of 14.9% from the June 30th total of 9,685,103 shares. Based on an average trading volume of 1,823,338 shares, the days-to-cover ratio is currently 4.5 days. Currently, 2.4% of the company's stock are sold short.

Some companies that are related to PACCAR include Deere & Company (DE), 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), Meritor (MTOR), Federal Signal Corporation (FSS), Hyster-Yale Materials Handling (HY), Manitowoc Company, Inc. (The) (MTW) and Douglas Dynamics (PLOW).

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 US Bancorp DE (0.69%), Washington Trust Bank (0.51%), Bank of Montreal Can (0.29%), APG Asset Management N.V. (0.20%), Russell Investments Group Ltd. (0.15%) and PGGM Investments (0.13%). 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 Boston Advisors LLC, PGGM Investments, NN Investment Partners Holdings N.V., Exxonmobil Investment Management Inc. TX, First Midwest Bank Trust Division, US Bancorp DE, Xact Kapitalforvaltning AB and Grimes & Company Inc.. 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 Marathon Asset Management LLP, Mn Services Vermogensbeheer B.V., National Pension Service, Longer Investments Inc., Russell Investments Group Ltd., Parkwood LLC, Sumitomo Mitsui Asset Management Company LTD and Sumitomo Life Insurance Co.. 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 $68.56.