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 23.5% and is now trading at $77.16. 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) posted its 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 analysts' expectations of $4.89 billion. PACCAR had a net margin of 8.73% and a return on equity of 21.76%. The company's revenue for the quarter was down 22.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.81 earnings per share. View PACCAR's earnings history.

PACCAR declared a quarterly dividend on Tuesday, April 21st. Stockholders of record on Friday, May 1st will be given a dividend of $0.085 per share on Friday, May 15th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 0.44%. The ex-dividend date of this dividend is Thursday, April 30th. View PACCAR's dividend history.

PACCAR announced that its board has approved a share buyback program on Tuesday, December 4th 2018, which allows the company to buyback $500,000,000.00 in 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 stock is undervalued.

18 analysts have issued 12-month price objectives for PACCAR's shares. Their forecasts range from $59.00 to $91.00. On average, they anticipate PACCAR's stock price to reach $77.07 in the next year. This suggests that the stock has a possible downside of 0.1%. View analysts' price targets for PACCAR.

Media coverage about PCAR stock has been trending negative on Tuesday, InfoTrie reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PACCAR earned a news impact score of -2.1 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about PACCAR.

PACCAR saw a drop in short interest in June. As of June 30th, there was short interest totaling 4,280,000 shares, a drop 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 presently 2.1 days. Currently, 1.3% of the company's shares 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), 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."

PACCAR's stock is owned by a number of institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.05%) and Ellevest Inc. (0.00%). 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 purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, 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 $77.16.

PACCAR has a market capitalization of $26.68 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]