NASDAQ:PCAR - PACCAR Stock Price, Forecast & News

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

PACCAR declared 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 boost from PACCAR's previous None dividend of $2.00. View PACCAR's Dividend History.

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

PACCAR Inc (NASDAQ:PCAR) issued its quarterly earnings results on Tuesday, January, 28th. The company reported $1.53 EPS for the quarter, topping analysts' consensus estimates of $1.51 by $0.02. The firm had revenue of $5.71 billion for the quarter, compared to analyst estimates of $5.57 billion. The firm's revenue was down 3.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.65 earnings per share. View PACCAR's Earnings History.

PACCAR is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for PACCAR.

16 analysts have issued 1-year target prices for PACCAR's shares. Their forecasts range from $62.00 to $90.00. On average, they anticipate PACCAR's stock price to reach $75.10 in the next year. This suggests a possible upside of 0.5% from the stock's current price. View Analyst Price Targets for PACCAR.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PACCAR in the last year. There are currently 4 sell ratings, 9 hold ratings, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PACCAR.

News articles about PCAR stock have trended extremely negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by reviewing 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 coverage optimism score of -5.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for PACCAR.

PACCAR saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 7,100,000 shares, an increase of 12.2% from the December 31st total of 6,330,000 shares. Based on an average daily trading volume, of 1,580,000 shares, the days-to-cover ratio is currently 4.5 days. Currently, 2.1% of the shares of the company are sold short. View PACCAR's Current Options Chain.

Some companies that are related to PACCAR include Astec Industries (ASTE), AGCO (AGCO), Alamo Group (ALG), Caterpillar (CAT), Commercial Vehicle Group (CVGI), Cummins (CMI), Deere & Company (DE), Douglas Dynamics (PLOW), Federal Signal (FSS), FreightCar America (RAIL), Greenbrier Companies (GBX), Lindsay (LNN), Manitowoc (MTW), Meritor (MTOR) and Miller Industries (MLR).

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

PACCAR's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (4.31%), Bank of America Corp DE (3.22%), Bank of New York Mellon Corp (1.32%), FMR LLC (1.06%), Goldman Sachs Group Inc. (0.82%) and Principal Financial Group Inc. (0.80%). 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 Renaissance Technologies LLC, Prudential Financial Inc., Skandinaviska Enskilda Banken AB publ , Bank of New York Mellon Corp, UBS Asset Management Americas Inc., Cubist Systematic Strategies LLC, Public Sector Pension Investment Board and DekaBank Deutsche Girozentrale. Company insiders that have sold PACCAR company stock in the last year 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, R Preston Feight, T Kyle Quinn and Todd R Hubbard. View Insider Buying and Selling for PACCAR.

PCAR stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Madison Asset Management LLC, Amundi Pioneer Asset Management Inc., Goldman Sachs Group Inc., AQR Capital Management LLC, Assenagon Asset Management S.A., UBS Group AG and Bank of Montreal Can. View Insider Buying and Selling 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 $74.74.