PACCAR Stock Forecast, Price & News

PACCAR's stock was trading at $62.49 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PCAR stock has increased by 30.6% and is now trading at $81.61.
View which stocks have been most impacted by COVID-19.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PACCAR in the last year. There are currently 2 sell ratings, 10 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, October 27th 2020.
View our earnings forecast for PACCAR.

PACCAR Inc (NASDAQ:PCAR) announced its quarterly earnings results on Tuesday, July, 21st. The company reported $0.43 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.31 by $0.12. The company earned $2.70 billion during the quarter, compared to analyst estimates of $2.88 billion. PACCAR had a net margin of 7.95% and a return on equity of 16.85%. The company's quarterly revenue was down 56.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.78 earnings per share.
View PACCAR's earnings history.

PACCAR announced a quarterly dividend on Monday, September 14th. Stockholders of record on Tuesday, November 10th will be given a dividend of $0.32 per share on Tuesday, December 1st. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date of this dividend is Monday, November 9th.
View PACCAR's dividend history.

PACCAR declared that its board has initiated a stock repurchase program on Tuesday, December 4th 2018, which authorizes the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 2.3% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's management believes its stock is undervalued.

19 Wall Street analysts have issued twelve-month price targets for PACCAR's shares. Their forecasts range from $73.00 to $108.00. On average, they expect PACCAR's share price to reach $86.13 in the next twelve months. This suggests a possible upside of 5.5% from the stock's current price.
View analysts' price targets for PACCAR.

PACCAR saw a decrease in short interest in August. As of August 31st, there was short interest totaling 2,950,000 shares, a decrease of 19.4% from the August 15th total of 3,660,000 shares. Based on an average daily volume of 1,670,000 shares, the short-interest ratio is presently 1.8 days. Approximately 0.9% of the company's shares are short sold.
View PACCAR's Short Interest.

Some companies that are related to PACCAR include Caterpillar (CAT), Deere & Company (DE), Cummins (CMI), Westinghouse Air Brake Technologies (WAB), Toro (TTC), AGCO (AGCO), Oshkosh (OSK), 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), Cisco Systems (CSCO), Gilead Sciences (GILD), Caterpillar (CAT), Walt Disney (DIS), General Electric (GE), Johnson & Johnson (JNJ), Pfizer (PFE), Boeing (BA) and Micron Technology (MU).

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

PACCAR's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.32%), BlackRock Inc. (7.32%), Bank of America Corp DE (2.35%), Bank of New York Mellon Corp (1.48%), Principal Financial Group Inc. (1.02%) and Principal Financial Group Inc. (1.02%). Company insiders that own PACCAR stock include Alma Lily Ley, 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 AJO LP, BlackRock Inc., Vanguard Group Inc., LSV Asset Management, FMR LLC, AQR Capital Management LLC, Goldman Sachs Group Inc., and Advisor Group Holdings Inc.. Company insiders that have sold PACCAR company stock in the last year include Alma Lily Ley, C Michael Dozier, 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 First Trust Advisors LP, Nordea Investment Management AB, Principal Financial Group Inc., Principal Financial Group Inc., Bank of New York Mellon Corp, Marshall Wace LLP, Twin Tree Management LP, and Marathon Asset Management LLP.
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 $81.61.

PACCAR has a market capitalization of $28.25 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]