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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China

PACCAR (PCAR) Stock Price, News & Analysis

$113.76
-2.17 (-1.87%)
(As of 04/18/2024 ET)
Today's Range
$113.71
$116.87
50-Day Range
$105.19
$124.46
52-Week Range
$68.40
$125.50
Volume
2.34 million shs
Average Volume
2.28 million shs
Market Capitalization
$59.61 billion
P/E Ratio
12.97
Dividend Yield
0.95%
Price Target
$110.82

PACCAR MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
2.6% Downside
$110.82 Price Target
Short Interest
Healthy
1.51% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-6.18
Upright™ Environmental Score
News Sentiment
0.79mentions of PACCAR in the last 14 days
Based on 25 Articles This Week
Insider Trading
Selling Shares
$15.83 M Sold Last Quarter
Proj. Earnings Growth
10.29%
From $8.16 to $9.00 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.72 out of 5 stars

Auto/Tires/Trucks Sector

23rd out of 74 stocks

Motor Vehicles & Car Bodies Industry

7th out of 24 stocks

PCAR stock logo

About PACCAR Stock (NASDAQ:PCAR)

PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Canada, Europe, Mexico, South America, Australia, and internationally. It operates through three segments: Truck, Parts, and Financial Services. The Truck segment designs, manufactures, and distributes trucks for the over-the-road and off-highway hauling of commercial and consumer goods. It sells its trucks through a network of independent dealers under the Kenworth, Peterbilt, and DAF nameplates. The Parts segment distributes aftermarket parts for trucks and related commercial vehicles. The Financial Services segment conducts full-service leasing operations under the PacLease trade name, as well as provides finance and leasing products and services to customers and dealers. This segment also offers equipment financing and administrative support services for its franchisees; retail loan and leasing services for small, medium, and large commercial trucking companies, as well as independent owners/operators and other businesses; and truck inventory financing services to independent dealers. In addition, this segment offers loans and leases directly to customers for the acquisition of trucks and related equipment. The company also manufactures and markets industrial winches under the Braden, Carco, and Gearmatic nameplates. PACCAR Inc was founded in 1905 and is headquartered in Bellevue, Washington.

PCAR Stock Price History

PCAR Stock News Headlines

PACCAR Inc (PCAR)
PACCAR (PCAR) Rose on Continued Strong Performance
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
PACCAR (NASDAQ:PCAR) Trading Up 1.1% After Analyst Upgrade
Paccar (PCAR) Stock Moves -0.12%: What You Should Know
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Beyond The Numbers: 10 Analysts Discuss PACCAR Stock
PACCAR (NASDAQ:PCAR) Shares Down 0.7%
QQQ ETF Update, 4/9/2024
Paccar: Notable Insider Selling After A Big Rally
PACCAR Inc
PCAR Nov 2024 87.500 call
PCAR Nov 2024 70.000 put
PCAR Jan 2026 140.000 call
PCAR Jan 2025 130.000 call
PCAR Apr 2024 105.000 put
Stocks Slide on Higher Bond Yields and Triple Witching
Forecasting The Future: 8 Analyst Projections For PACCAR
Bernstein Sticks to Their Buy Rating for Paccar (PCAR)
Top 3 Auto Stocks With Accelerating Profits
Rivian, Lucid stocks tumble on slowing EV demand
See More Headlines
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Company Calendar

Last Earnings
1/23/2024
Ex-Dividend for 3/6 Dividend
2/14/2024
Dividend Payable
3/06/2024
Today
4/18/2024
Next Earnings (Confirmed)
4/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicles & car bodies
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
Current Symbol
NASDAQ:PCAR
CUSIP
69371810
Employees
32,400
Year Founded
1905

Price Target and Rating

Average Stock Price Target
$110.82
High Stock Price Target
$140.00
Low Stock Price Target
$81.50
Potential Upside/Downside
-2.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
14 Analysts

Profitability

Net Income
$4.60 billion
Pretax Margin
16.28%

Debt

Sales & Book Value

Annual Sales
$35.13 billion
Cash Flow
$11.04 per share
Book Value
$30.36 per share

Miscellaneous

Free Float
513,426,000
Market Cap
$59.61 billion
Optionable
Optionable
Beta
0.92

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Should I Buy PACCAR Stock? PCAR Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in PACCAR Inc:

  • PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks internationally, providing diversified revenue streams.
  • The company operates through three segments: Truck, Parts, and Financial Services, offering a comprehensive suite of products and services to customers.
  • PACCAR's full-service leasing operations under the PacLease trade name provide stable recurring revenue and cash flow.
  • Recent acquisition by Achmea Investment Management B.V. indicates investor confidence in the company's growth potential.
  • The company's stock ownership by institutional investors and hedge funds at 65.68% signifies strong institutional support.

Cons

Investors should be bearish about investing in PACCAR Inc for these reasons:

  • Market volatility in the motor vehicles & car bodies industry can impact the company's stock price, requiring careful risk management.
  • Dependence on global economic conditions and trade policies may expose PACCAR to geopolitical risks and fluctuations in demand.
  • Competition from other major players in the construction & farm machinery industry could pressure PACCAR's market share and profitability.
  • Fluctuations in raw material prices, such as steel and aluminum, can affect the company's manufacturing costs and margins.
  • Investors should closely monitor the company's financial performance and industry trends to make informed investment decisions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these PACCAR pros and cons to contact@marketbeat.com.

PCAR Stock Analysis - Frequently Asked Questions

Should I buy or sell PACCAR stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PACCAR in the last twelve months. There are currently 8 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PCAR shares.
View PCAR analyst ratings
or view top-rated stocks.

What is PACCAR's stock price target for 2024?

14 brokerages have issued 12 month price targets for PACCAR's stock. Their PCAR share price targets range from $81.50 to $140.00. On average, they predict the company's stock price to reach $110.82 in the next year. This suggests that the stock has a possible downside of 2.6%.
View analysts price targets for PCAR
or view top-rated stocks among Wall Street analysts.

How have PCAR shares performed in 2024?

PACCAR's stock was trading at $97.65 at the start of the year. Since then, PCAR shares have increased by 16.5% and is now trading at $113.76.
View the best growth stocks for 2024 here
.

When is PACCAR's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our PCAR earnings forecast
.

How can I listen to PACCAR's earnings call?

PACCAR will be holding an earnings conference call on Tuesday, April 30th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were PACCAR's earnings last quarter?

PACCAR Inc (NASDAQ:PCAR) issued its earnings results on Tuesday, January, 23rd. The company reported $2.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.25 by $0.45. The company had revenue of $8.59 billion for the quarter, compared to analyst estimates of $8.48 billion. PACCAR had a net margin of 13.10% and a trailing twelve-month return on equity of 33.17%. The firm's revenue was up 11.1% compared to the same quarter last year. During the same period last year, the firm earned $1.76 earnings per share.
Read the conference call transcript
.

How often does PACCAR pay dividends? What is the dividend yield for PACCAR?

PACCAR announced a Special dividend on Tuesday, December 5th. Stockholders of record on Friday, December 15th will be paid a dividend of $3.20 per share on Thursday, January 4th. The ex-dividend date is Thursday, December 14th. This is a boost from the stock's previous Special dividend of $0.89.
Read our dividend analysis for PCAR
.

Is PACCAR a good dividend stock?

PACCAR (NASDAQ:PCAR) pays an annual dividend of $1.08 per share and currently has a dividend yield of 0.92%. The dividend payout ratio is 12.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PCAR will have a dividend payout ratio of 12.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PCAR.

When did PACCAR's stock split?

Shares of PACCAR split on the morning of Friday, January 13th 2023. The 3-2 split was announced on Friday, January 13th 2023. The newly created shares were distributed to shareholders after the market closes on Friday, January 13th 2023. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

What is Preston Feight's approval rating as PACCAR's CEO?

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.

What other stocks do shareholders of PACCAR own?

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).

Who are PACCAR's major shareholders?

PACCAR's stock is owned by a variety of institutional and retail investors. Top institutional investors include Los Angeles Capital Management LLC (0.27%), Allspring Global Investments Holdings LLC (0.11%), Wealth Enhancement Advisory Services LLC (0.07%), Alaska Permanent Fund Corp (0.02%), Czech National Bank (0.02%) and Artemis Investment Management LLP (0.01%). Insiders that own company stock include Alison J Carnwath, C Michael Dozier, Harrie Schippers, Jack K Levier, Kevin D Baney, Mark C Pigott, Michael T Barkley, R Preston Feight and Todd R Hubbard.
View institutional ownership trends
.

How do I buy shares of PACCAR?

Shares of PCAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does PACCAR have any subsidiaries?
The following companies are subsidiares of PACCAR: Banco PACCAR S.A., DAF Caminhões Brasil Indústria Ltda., DAF Trucks, DAF Trucks Deutschland GmbH, DAF Trucks France S.A.R.L., DAF Trucks Limited (U.K.), DAF Trucks N.V., DAF Trucks Norge AS, DAF Trucks Polska SP.Z.O.O., DAF Trucks Vlaanderen N.V., DAF Vehiculos Industriales S.A.U., DAF Veicoli Industriali S.P.A., Kenworth Mexicana S.A. de C.V., Leyland Trucks, Leyland Trucks Limited, PACCAR Australia Pty. Ltd., PACCAR Capital Mexico S.A. de C.V., PACCAR Colombia S.A.S., PACCAR Engine Company, PACCAR Financial Belux BVBA, PACCAR Financial Corp., PACCAR Financial Deutschland GmbH, PACCAR Financial Espana S.L.U., PACCAR Financial Europe B.V., PACCAR Financial France S.A.S., PACCAR Financial Holdings Europe B.V., PACCAR Financial Italia S.r.l., PACCAR Financial Ltd., PACCAR Financial Mexico S.A. de C.V., PACCAR Financial Nederland B.V., PACCAR Financial PLC, PACCAR Financial Pty. Ltd., PACCAR Financial Services Europe B.V., PACCAR Financial Services Ltd., PACCAR Holding B.V., PACCAR Holdings Panamá S.A., PACCAR Leasing GmbH, PACCAR Mexico S.A. de C.V., PACCAR Participações Ltda., PACCAR Parts Mexico S.A. de C.V., PACCAR Parts U.K. Limited, PACCAR Sales North America Inc., PACCAR Trucks U.K. Ltd., PACCAR Winch Inc, PACCAR of Canada Ltd., PacLease Mexicana S.A. de C.V., Trico Industries, and Truck Center Hauser.
Read More
This page (NASDAQ:PCAR) was last updated on 4/18/2024 by MarketBeat.com Staff

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