NASDAQ:PCARPACCAR Stock Price, Forecast & 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 (WHO). Since then, PCAR stock has increased by 16.1% and is now trading at $72.54. 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 3 sell ratings, 9 hold ratings, 5 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 analysts' consensus estimates of $1.21 by $0.18. The firm had revenue of $4.78 billion for the quarter, compared to analysts' expectations of $4.89 billion. PACCAR had a return on equity of 21.76% and a net margin of 8.73%. The firm's revenue for the quarter was down 22.2% compared to the same quarter last year. During the same period last year, the business posted $1.81 EPS. View PACCAR's earnings history.

PACCAR announced a quarterly dividend on Tuesday, April 21st. Shareholders 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 0.47%. The ex-dividend date is Thursday, April 30th. View PACCAR's dividend history.

PACCAR announced that its board has initiated a stock buyback program 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 stock through open market purchases. Stock buyback programs are often a sign that the company's leadership believes its shares are undervalued.

18 brokerages have issued 12 month target prices for PACCAR's stock. Their forecasts range from $59.00 to $81.00. On average, they anticipate PACCAR's share price to reach $74.50 in the next twelve months. This suggests a possible upside of 2.7% from the stock's current price. View analysts' price targets for PACCAR.

Headlines about PCAR stock have been trending somewhat negative on Wednesday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded 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 -1.9 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutPACCAR.

PACCAR saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 4,560,000 shares, a decrease of 8.8% from the April 30th total of 5,000,000 shares. Based on an average daily trading volume, of 2,440,000 shares, the days-to-cover ratio is currently 1.9 days. Currently, 1.3% of the shares of the company 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), WABCO (WBC), Oshkosh (OSK), AGCO (AGCO), Navistar International (NAV), Trinity Industries (TRN), Federal Signal (FSS), Meritor (MTOR), Alamo Group (ALG), Terex (TEX) 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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.71%), State Street Corp (4.24%), Capital World Investors (2.63%), Geode Capital Management LLC (1.69%), Bank of New York Mellon Corp (1.31%) and Fiduciary Management Inc. WI (1.14%). 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 sold by a variety of institutional investors in the last quarter, including London Co. of Virginia, Wellington Management Group LLP, Janus Henderson Group PLC, Skandinaviska Enskilda Banken AB publ , BlackRock Inc., UBS Group AG, New York State Common Retirement Fund, and Assenagon Asset Management S.A.. Company insiders that have sold PACCAR company stock in the last year include 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 bought by a variety of institutional investors in the last quarter, including Capital World Investors, Capital International Investors, Alyeska Investment Group L.P., Advisor Group Holdings Inc., Balyasny Asset Management LLC, Swiss National Bank, Principal Financial Group Inc., and Parametric Portfolio Associates LLC. 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 $72.54.

PACCAR has a market capitalization of $25.08 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.

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]