NASDAQ:PCARPACCAR Stock Price, Forecast & News

PACCAR's stock was trading at $62.49 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PCAR stock has increased by 21.1% and is now trading at $75.68. 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) released its quarterly earnings results on Tuesday, April, 21st. The company reported $1.03 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.21 by $0.18. The company earned $4.78 billion during the quarter, compared to analyst estimates of $4.89 billion. PACCAR had a net margin of 8.73% and a return on equity of 21.76%. The business's revenue for the quarter was down 22.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.81 earnings per share. View PACCAR's earnings history.

PACCAR declared a quarterly dividend on Tuesday, April 21st. Investors 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 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date of this dividend is Thursday, April 30th. View PACCAR's dividend history.

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

18 analysts have issued 12 month target prices for PACCAR's stock. Their forecasts range from $59.00 to $91.00. On average, they expect PACCAR's stock price to reach $77.07 in the next twelve months. This suggests a possible upside of 1.8% from the stock's current price. View analysts' price targets for PACCAR.

Media headlines about PCAR stock have been trending somewhat negative on Saturday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. PACCAR earned a daily sentiment score of -1.8 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about PACCAR.

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), Astec Industries (ASTE) and Lindsay (LNN). 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."

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 $75.68.

PACCAR has a market capitalization of $26.16 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]