NASDAQ:PCARPACCAR 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 increased by 26.3% and is now trading at $78.92. View which stocks have been most impacted by Coronavirus.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PACCAR in the last year. There are currently 2 sell ratings, 9 hold ratings, 6 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, July 28th 2020. View our earnings forecast for PACCAR.

PACCAR Inc (NASDAQ:PCAR) released its earnings results on Tuesday, April, 21st. The company reported $1.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.21 by $0.18. The firm had revenue of $4.78 billion for the quarter, compared to analysts' expectations of $4.89 billion. PACCAR had a net margin of 8.73% and a return on equity of 21.76%. PACCAR's revenue was down 22.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.81 earnings per share. View PACCAR's earnings history.

PACCAR announced a quarterly dividend on Tuesday, July 14th. Shareholders of record on Tuesday, August 11th will be paid a dividend of $0.32 per share on Tuesday, September 1st. This represents a $1.28 dividend on an annualized basis and a yield of 1.62%. This is a positive change from PACCAR's previous quarterly dividend of $0.09. View PACCAR's dividend history.

PACCAR announced that its board has authorized a stock repurchase plan on Tuesday, December 4th 2018, which permits the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 2.3% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's management believes its stock is undervalued.

18 equities research analysts have issued 12 month target prices for PACCAR's stock. Their forecasts range from $59.00 to $91.00. On average, they anticipate PACCAR's share price to reach $77.07 in the next year. This suggests that the stock has a possible downside of 2.3%. View analysts' price targets for PACCAR.

News headlines about PCAR stock have been trending extremely negative on Wednesday, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PACCAR earned a media sentiment score of -4.3 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the stock's share price in the next few days. View the latest news about PACCAR.

PACCAR saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 4,280,000 shares, a drop of 13.0% from the June 15th total of 4,920,000 shares. Based on an average trading volume of 2,070,000 shares, the days-to-cover ratio is presently 2.1 days. Currently, 1.3% of the shares of the stock 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), Oshkosh (OSK), AGCO (AGCO), Navistar International (NAV), Trinity Industries (TRN), Federal Signal (FSS), Meritor (MTOR), Terex (TEX), Alamo Group (ALG), Lindsay (LNN) and Astec Industries (ASTE). View all competitors.

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

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

PACCAR's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Clarius Group LLC (0.38%), State of Alaska Department of Revenue (0.05%), Envestnet Asset Management Inc. (0.04%), DNB Asset Management AS (0.02%), UNIVEST FINANCIAL Corp (0.01%) and Watchman Group Inc. (0.01%). 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 UNIVEST FINANCIAL Corp, IFM Investors Pty Ltd, Patton Fund Management Inc., Gateway Investment Advisers LLC, Carnegie Capital Asset Management LLC, Sippican Capital Advisors, Cascade Investment Advisors Inc., and Watchman Group Inc.. Company insiders that have sold PACCAR company stock in the last year include 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 bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Envestnet Asset Management Inc., Clarius Group LLC, Unison Advisors LLC, NuWave Investment Management LLC, DNB Asset Management AS, CHICAGO TRUST Co NA, and Ellevest Inc.. 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 $78.92.

PACCAR has a market capitalization of $27.28 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.

The official website for PACCAR is 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]