PACCAR (PCAR) Expected to Announce Quarterly Earnings on Tuesday

PACCAR (NASDAQ:PCAR - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $1.59 per share and revenue of $7.13 billion for the quarter.

PACCAR (NASDAQ:PCAR - Get Free Report) last announced its quarterly earnings results on Tuesday, January 28th. The company reported $1.66 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.70 by ($0.04). PACCAR had a net margin of 12.36% and a return on equity of 23.53%. On average, analysts expect PACCAR to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

PACCAR Trading Down 0.9 %

PACCAR stock opened at $91.89 on Friday. The company has a current ratio of 2.54, a quick ratio of 1.39 and a debt-to-equity ratio of 0.56. The firm has a market cap of $48.24 billion, a PE ratio of 11.62, a P/E/G ratio of 2.77 and a beta of 0.96. The stock's 50 day simple moving average is $97.55 and its two-hundred day simple moving average is $105.36. PACCAR has a 12 month low of $85.05 and a 12 month high of $118.81.

PACCAR Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Wednesday, February 12th were issued a dividend of $0.33 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This is an increase from PACCAR's previous quarterly dividend of $0.30. This represents a $1.32 dividend on an annualized basis and a yield of 1.44%. PACCAR's dividend payout ratio is 16.69%.

Insider Buying and Selling at PACCAR

In other PACCAR news, VP Todd R. Hubbard sold 2,000 shares of the stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $112.05, for a total value of $224,100.00. Following the completion of the sale, the vice president now owns 5,463 shares in the company, valued at approximately $612,129.15. This represents a 26.80 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO R Preston Feight sold 25,200 shares of the firm's stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of $110.98, for a total transaction of $2,796,696.00. Following the completion of the transaction, the chief executive officer now directly owns 206,129 shares in the company, valued at $22,876,196.42. This trade represents a 10.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 165,547 shares of company stock worth $18,261,908. Corporate insiders own 2.02% of the company's stock.

Institutional Investors Weigh In On PACCAR

An institutional investor recently raised its position in PACCAR stock. Brighton Jones LLC grew its stake in PACCAR Inc (NASDAQ:PCAR - Free Report) by 0.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 89,001 shares of the company's stock after acquiring an additional 290 shares during the quarter. Brighton Jones LLC's holdings in PACCAR were worth $9,258,000 as of its most recent SEC filing. Institutional investors and hedge funds own 64.90% of the company's stock.

Wall Street Analyst Weigh In

PCAR has been the subject of a number of analyst reports. Melius Research set a $120.00 price objective on shares of PACCAR in a research report on Tuesday, March 18th. Morgan Stanley cut PACCAR from an "overweight" rating to an "equal weight" rating and set a $96.00 price target for the company. in a report on Wednesday, April 16th. Truist Financial dropped their price objective on PACCAR from $113.00 to $104.00 and set a "hold" rating on the stock in a report on Tuesday, April 8th. UBS Group downgraded PACCAR from a "neutral" rating to a "sell" rating and reduced their target price for the stock from $108.00 to $78.00 in a research note on Monday, April 7th. Finally, Melius raised shares of PACCAR from a "hold" rating to a "buy" rating in a research note on Tuesday, March 18th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, PACCAR has an average rating of "Hold" and a consensus price target of $108.59.

PACCAR Company Profile

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.

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