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. Stockholders 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 announced that its Board of Directors has approved a stock buyback plan on Tuesday, December 4th 2018, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 2.3% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's management believes its stock is undervalued.

PACCAR Inc (NASDAQ:PCAR) issued its earnings results on Tuesday, January, 28th. The company reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.51 by $0.02. The business earned $5.71 billion during the quarter, compared to analyst estimates of $5.57 billion. PACCAR had a net margin of 9.33% and a return on equity of 24.87%. PACCAR's quarterly revenue was down 3.7% compared to the same quarter last year. During the same period last year, the company 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 12-month 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 twelve months. This suggests a possible upside of 10.8% 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 negative on Friday, according to InfoTrie. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. PACCAR earned a coverage optimism score of -2.7 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for PACCAR.

PACCAR saw a drop in short interest during the month of February. As of February 14th, there was short interest totalling 6,040,000 shares, a drop of 12.6% from the January 30th total of 6,910,000 shares. Based on an average daily volume of 1,570,000 shares, the days-to-cover ratio is presently 3.8 days. Approximately 1.9% 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), Terex (TEX), Alamo Group (ALG) and Douglas Dynamics (PLOW).

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%), Capital World Investors (1.83%), Geode Capital Management LLC (1.65%), Bank of New York Mellon Corp (1.32%) and FMR LLC (1.06%). 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., Alberta Investment Management Corp, Cubist Systematic Strategies LLC and Public Sector Pension Investment Board. 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, 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, Capital World Investors, Madison Asset Management LLC, Amundi Pioneer Asset Management Inc., Goldman Sachs Group Inc., AQR Capital Management LLC, Janus Henderson Group PLC and Assenagon Asset Management S.A.. 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 $67.77.

PACCAR has a market capitalization of $23.47 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.View Additional Information About PACCAR.

The official website for PACCAR is http://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]