NASDAQ:PCAR - PACCAR 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 shares have decreased by 4.8% and is now trading at $59.49. View which stocks have been mosted impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PACCAR in the last year. There are currently 3 sell ratings, 13 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.

PACCAR is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for PACCAR.

PACCAR Inc (NASDAQ:PCAR) issued its quarterly earnings results on Tuesday, January, 28th. The company reported $1.53 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.51 by $0.02. The firm had revenue of $5.71 billion for the quarter, compared to the consensus estimate of $5.57 billion. PACCAR had a net margin of 9.33% and a return on equity of 24.87%. The business's revenue for the quarter was down 3.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.65 EPS. View PACCAR's earnings history.

PACCAR announced a None dividend on Tuesday, December 10th. Shareholders of record on Friday, December 20th will be given a dividend of $2.30 per share on Wednesday, January 8th. The ex-dividend date of this dividend is Thursday, December 19th. This is a positive change from PACCAR's previous None dividend of $2.00. View PACCAR's dividend history.

PACCAR declared that its board has authorized a share buyback plan on Tuesday, December 4th 2018, which allows the company to repurchase $500,000,000.00 in 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 often a sign that the company's board believes its shares are undervalued.

19 analysts have issued 12-month price targets for PACCAR's shares. Their forecasts range from $55.00 to $90.00. On average, they expect PACCAR's stock price to reach $74.23 in the next year. This suggests a possible upside of 24.8% from the stock's current price. View analysts' price targets for PACCAR.

News stories about PCAR stock have been trending somewhat positive this week, according to InfoTrie. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. PACCAR earned a coverage optimism score of 1.2 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutPACCAR.

PACCAR saw a drop in short interest in February. As of February 14th, there was short interest totaling 6,040,000 shares, a drop of 12.6% from the January 30th total of 6,910,000 shares. Based on an average daily trading volume, of 1,570,000 shares, the short-interest ratio is currently 3.8 days. Currently, 1.9% of the company's shares 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), Trinity Industries (TRN), Navistar International (NAV), Federal Signal (FSS), Meritor (MTOR), Alamo Group (ALG), Terex (TEX) and Lindsay (LNN).

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), Walt Disney (DIS), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Exxon Mobil (XOM) and Bank of America (BAC).

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 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., Nuveen Asset Management LLC, Alberta Investment Management Corp, and Cubist Systematic Strategies LLC. 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 activity for PACCAR.

PCAR stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, FMR LLC, Capital World Investors, Madison Asset Management LLC, Amundi Pioneer Asset Management Inc., Goldman Sachs Group Inc., AQR Capital Management LLC, and Janus Henderson Group PLC. 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 $59.49.

PACCAR has a market capitalization of $20.61 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]