PACCAR Company Profile (NASDAQ:PCAR)

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

PACCAR announced a quarterly dividend on Tuesday, July 11th. Shareholders 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 yield of 1.46%. The ex-dividend date of this dividend is Monday, August 14th. View PACCAR's Dividend History.

PACCAR Inc. (NASDAQ:PCAR) released its earnings results on Tuesday, July, 25th. The company reported $1.06 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.99 by $0.07. The business had revenue of $4.40 billion for the quarter, compared to the consensus estimate of $4.29 billion. PACCAR had a net margin of 7.77% and a return on equity of 18.61%. The company's quarterly revenue was up 6.9% compared to the same quarter last year. During the same period last year, the firm earned $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 equities research analysts have issued 1 year target prices for PACCAR's stock. Their predictions range from $56.00 to $85.00. On average, they anticipate PACCAR's share 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 decrease in short interest in the month of July. As of July 14th, there was short interest totalling 8,237,228 shares, a decrease of 14.9% from the June 30th total of 9,685,103 shares. Based on an average daily trading volume, of 1,823,338 shares, the days-to-cover ratio is presently 4.5 days. Approximately 2.4% of the company's stock are short sold.

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 institutional and retail 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 bought 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.