PACCAR - PCAR Stock Forecast, Price & News

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PACCAR in the last twelve months. There are currently 1 sell rating, 8 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PCAR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PCAR, but not buy additional shares or sell existing shares.
View PCAR analyst ratings or view top-rated stocks.

13 brokers have issued twelve-month price targets for PACCAR's shares. Their PCAR share price forecasts range from $37.78 to $72.00. On average, they predict the company's share price to reach $50.44 in the next year. This suggests that the stock has a possible downside of 28.3%.
View analysts price targets for PCAR or view top-rated stocks among Wall Street analysts.

PACCAR's stock was trading at $43.9867 at the beginning of 2023. Since then, PCAR shares have increased by 59.9% and is now trading at $70.34.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our PCAR earnings forecast.

PACCAR Inc (NASDAQ:PCAR) released its quarterly earnings results on Tuesday, January, 24th. The company reported $1.76 earnings per share for the quarter, beating analysts' consensus estimates of $1.47 by $0.29. The firm earned $7.73 billion during the quarter, compared to analyst estimates of $7.16 billion. PACCAR had a net margin of 10.45% and a trailing twelve-month return on equity of 23.75%. PACCAR's revenue for the quarter was up 22.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.98 earnings per share.
Read the conference call transcript.

PACCAR declared a quarterly dividend on Tuesday, December 6th. Stockholders of record on Tuesday, February 14th will be paid a dividend of $0.25 per share on Wednesday, March 8th. This represents a $1.00 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date of this dividend is Monday, February 13th.
Read our dividend analysis for PCAR.

ETFs with the largest weight of PACCAR (NASDAQ:PCAR) stock in their portfolio include First Trust Nasdaq Transportation ETF (FTXR), ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA), WBI BullBear Value 3000 ETF (WBIF), Invesco Dynamic Market ETF (PWC), KFA Value Line Dynamic Core Equity Index ETF (KVLE), First Trust NASDAQ 100 Ex-Technology Sector Index Fund (QQXT), Invesco S&P 500 Equal Weight Industrials ETF (RGI) and Invesco Dynamic Large Cap Value ETF (PWV).

PACCAR (NASDAQ:PCAR) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.46%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 17.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PCAR will have a dividend payout ratio of 17.95% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PCAR.

PACCAR's stock split before market open on Friday, January 13th 2023. The 3-2 split was announced on Friday, January 13th 2023. The newly minted shares were distributed to shareholders after the closing bell on Friday, January 13th 2023. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

21 employees have rated PACCAR Chief Executive Officer Preston Feight on Glassdoor.com. Preston Feight has an approval rating of 63% among the company's employees. This puts Preston Feight in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other PACCAR investors own include Intel (INTC), Cisco Systems (CSCO), Gilead Sciences (GILD), Walt Disney (DIS), Johnson & Johnson (JNJ), Caterpillar (CAT), General Electric (GE), Pfizer (PFE), AT&T (T) and Boeing (BA).

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 investors include Geode Capital Management LLC (1.47%), Bank of America Corp DE (1.45%), Price T Rowe Associates Inc. MD (0.90%), Morgan Stanley (0.73%), Dimensional Fund Advisors LP (1.04%) and Principal Financial Group Inc. (0.98%). Insiders that own company stock include Alison J Carnwath, Alma Lily Ley, C Michael Dozier, David J Danforth, Douglas S Grandstaff, Harrie Schippers, Jack K Levier, Mark C Pigott, Michael K Walton, R Preston Feight and Todd R Hubbard.
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Shares of PCAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PCAR stock can currently be purchased for approximately $70.34.

PACCAR (NASDAQ:PCAR) has a market capitalization of $36.76 billion and generates $28.82 billion in revenue each year. The company earns $3.01 billion in net income (profit) each year or $5.76 on an earnings per share basis.

The company employs 31,100 workers across the globe.

PACCAR's mailing address is 777 106TH AVENUE NE, BELLEVUE WA, 98004. The official website for the company is www.paccar.com. The company can be reached via phone at (425) 468-7400, via email at investor.relations@paccar.com, or via fax at 425-468-8216.