PACCAR Inc. (NASDAQ:PCAR – Get Free Report) has been assigned a consensus rating of “Hold” from the fourteen brokerages that are currently covering the stock, Marketbeat reports. Eleven equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $131.70.
A number of analysts have recently commented on PCAR shares. Sanford C. Bernstein restated an “outperform” rating and set a $148.00 target price on shares of PACCAR in a report on Wednesday, July 29th. Truist Financial boosted their price target on PACCAR from $126.00 to $131.00 and gave the stock a “hold” rating in a research report on Thursday, July 2nd. Morgan Stanley set a $119.00 target price on PACCAR in a report on Wednesday, July 29th. JPMorgan Chase & Co. increased their price objective on shares of PACCAR from $155.00 to $164.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Finally, Weiss Ratings downgraded shares of PACCAR from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, May 21st.
Get Our Latest Stock Analysis on PCAR
Insider Activity at PACCAR
Institutional Trading of PACCAR
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Ares Financial Consulting LLC bought a new stake in PACCAR during the 4th quarter worth approximately $27,000. MCF Advisors LLC lifted its stake in shares of PACCAR by 57.5% during the 4th quarter. MCF Advisors LLC now owns 252 shares of the company’s stock valued at $28,000 after buying an additional 92 shares in the last quarter. Steph & Co. purchased a new stake in PACCAR in the 1st quarter worth $29,000. Elyxium Wealth LLC purchased a new position in shares of PACCAR in the fourth quarter valued at about $30,000. Finally, Wealth Watch Advisors INC bought a new position in shares of PACCAR in the third quarter worth about $32,000. Hedge funds and other institutional investors own 64.90% of the company’s stock.
PACCAR Stock Down 1.9%
Shares of PACCAR stock opened at $133.34 on Thursday. The company’s fifty day simple moving average is $122.77 and its two-hundred day simple moving average is $121.17. PACCAR has a 12-month low of $92.25 and a 12-month high of $139.24. The company has a current ratio of 3.12, a quick ratio of 2.90 and a debt-to-equity ratio of 0.49. The company has a market cap of $70.19 billion, a P/E ratio of 28.01, a PEG ratio of 1.08 and a beta of 0.97.
PACCAR (NASDAQ:PCAR – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $1.43 EPS for the quarter, topping the consensus estimate of $1.36 by $0.07. PACCAR had a net margin of 9.00% and a return on equity of 12.73%. The business had revenue of $7.55 billion during the quarter, compared to analyst estimates of $7.05 billion. During the same period last year, the business posted $1.37 earnings per share. PACCAR’s quarterly revenue was up .5% compared to the same quarter last year. Research analysts anticipate that PACCAR will post 5.85 EPS for the current year.
PACCAR Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 12th will be paid a $0.35 dividend. The ex-dividend date is Wednesday, August 12th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.0%. PACCAR’s payout ratio is currently 29.41%.
About PACCAR
PACCAR Inc is a global technology leader in the design, manufacture and customer support of light-, medium- and heavy-duty commercial vehicles. The company’s products are marketed under well-known brand names including Kenworth, Peterbilt and DAF and span vocational and long-haul applications. PACCAR’s core business includes vehicle engineering and assembly as well as the supply of components and proprietary powertrain systems designed to meet regulatory and customer performance requirements.
In addition to truck manufacturing, PACCAR operates a comprehensive aftermarket parts business, distributes used trucks and provides commercial vehicle financing and leasing through its financial services operations.
Featured Stories
- Five stocks we like better than PACCAR
- Bed Bath & Beyond Renovates: The Neighborhood Blueprint
- These Outperforming Giants Are Boosting Dividends in 2026, With Yields of Up to 6.6%
- Why Analysts Are Bullish on a Stock That’s Down 20%
- SpaceX: Love the Company, But the Stock Is a Harder Call
Receive News & Ratings for PACCAR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PACCAR and related companies with MarketBeat.com's FREE daily email newsletter.
