PACCAR - PCAR Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PACCAR in the last year. There are currently 1 sell rating, 7 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.

12 Wall Street research analysts have issued 12-month target prices for PACCAR's stock. Their PCAR share price forecasts range from $56.67 to $108.00. On average, they expect the company's stock price to reach $71.64 in the next year. This suggests that the stock has a possible downside of 34.4%.
View analysts price targets for PCAR or view top-rated stocks among Wall Street analysts.

PACCAR's stock was trading at $65.98 on January 1st, 2023. Since then, PCAR shares have increased by 65.6% and is now trading at $109.24.
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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) posted its earnings results on Tuesday, January, 24th. The company reported $2.64 earnings per share for the quarter, beating the consensus estimate of $2.20 by $0.44. The firm earned $7.73 billion during the quarter, compared to analysts' expectations of $7.16 billion. PACCAR had a net margin of 10.45% and a trailing twelve-month return on equity of 23.75%. The company's quarterly revenue was up 22.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.47 earnings per share.
Read the conference call transcript.

PACCAR declared a quarterly dividend on Tuesday, December 6th. Investors 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 annualized dividend and a dividend yield of 0.92%. The ex-dividend date of this dividend is Monday, February 13th.
Read our dividend analysis for PCAR.

PACCAR (NASDAQ:PCAR) pays an annual dividend of $1.48 per share and currently has a dividend yield of 1.36%. The dividend payout ratio is 17.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PCAR will have a dividend payout ratio of 16.74% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PCAR.

Shares of PACCAR split on Friday, January 13th 2023. The 3-2 split was announced on Friday, January 13th 2023. The newly created shares were issued 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 variety of retail and institutional investors. Top institutional shareholders include Clarius Group LLC (0.45%), Sumitomo Mitsui Trust Holdings Inc. (0.31%), LGT Capital Partners LTD. (0.21%), RWC Asset Management LLP (0.19%), Kovitz Investment Group Partners LLC (0.19%) and New York State Common Retirement Fund (0.15%). 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, Marco A Davila, 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 $109.24.

PACCAR (NASDAQ:PCAR) has a market capitalization of $37.99 billion and generates $28.82 billion in revenue each year. The company earns $3.01 billion in net income (profit) each year or $8.64 on an earnings per share basis.

The company employs 28,500 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.