NASDAQ:PCAR - PACCAR 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. Since then, PCAR shares have decreased by 2.6% and is now trading at $60.87. View which stocks have been mosted impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PACCAR in the last year. There are currently 3 sell ratings, 12 hold ratings, 3 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, May 5th 2020. View our earnings forecast for PACCAR.

PACCAR Inc (NASDAQ:PCAR) announced its quarterly earnings results on Tuesday, January, 28th. The company reported $1.53 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.51 by $0.02. The business had revenue of $5.71 billion for the quarter, compared to the consensus estimate of $5.57 billion. PACCAR had a net margin of 9.33% and a return on equity of 24.87%. PACCAR's revenue was down 3.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.65 earnings per share. View PACCAR's earnings history.

PACCAR announced a None dividend on Tuesday, December 10th. Investors of record on Friday, December 20th will be paid a dividend of $2.30 per share on Wednesday, January 8th. The ex-dividend date is Thursday, December 19th. This is a positive change from PACCAR's previous None dividend of $2.00. View PACCAR's dividend history.

PACCAR announced that its board has authorized a share repurchase plan on Tuesday, December 4th 2018, which permits the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 2.3% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's leadership believes its stock is undervalued.

19 Wall Street analysts have issued 1-year price objectives for PACCAR's shares. Their forecasts range from $55.00 to $90.00. On average, they expect PACCAR's stock price to reach $74.29 in the next twelve months. This suggests a possible upside of 22.1% from the stock's current price. View analysts' price targets for PACCAR.

News coverage about PCAR stock has been trending very negative this week, InfoTrie reports. The research firm identifies positive and negative news 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 positive five, with scores nearest to five being the most favorable. PACCAR earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutPACCAR.

Some companies that are related to PACCAR include Caterpillar (CAT), Deere & Company (DE), Cummins (CMI), Westinghouse Air Brake Technologies (WAB), WABCO (WBC), Toro (TTC), Oshkosh (OSK), AGCO (AGCO), Trinity Industries (TRN), Navistar International (NAV), Federal Signal (FSS), Terex (TEX), Alamo Group (ALG), Lindsay (LNN) and Meritor (MTOR).

Based on aggregate information from My MarketBeat watchlists, some companies that other PACCAR investors own include Gilead Sciences (GILD), Intel (INTC), Caterpillar (CAT), Boeing (BA), Cummins (CMI), Johnson & Johnson (JNJ), Walt Disney (DIS), Cisco Systems (CSCO), Home Depot (HD) and Chevron (CVX).

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 $60.87.

PACCAR has a market capitalization of $21.08 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. View additional information about PACCAR.

The official website for PACCAR is http://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]