Zacks Research Analysts Lower Earnings Estimates for PACCAR

PACCAR Inc (NASDAQ:PCAR - Free Report) - Stock analysts at Zacks Research dropped their Q1 2025 earnings estimates for PACCAR in a research note issued on Monday, February 10th. Zacks Research analyst R. Singhi now expects that the company will post earnings per share of $1.60 for the quarter, down from their prior forecast of $2.03. The consensus estimate for PACCAR's current full-year earnings is $7.60 per share. Zacks Research also issued estimates for PACCAR's FY2025 earnings at $7.49 EPS, Q1 2026 earnings at $1.82 EPS and Q4 2026 earnings at $2.49 EPS.

Several other research firms also recently issued reports on PCAR. Evercore ISI raised PACCAR from an "in-line" rating to an "outperform" rating and lifted their price target for the company from $99.00 to $129.00 in a research note on Wednesday, November 13th. Bank of America upgraded PACCAR from a "neutral" rating to a "buy" rating and boosted their target price for the company from $116.00 to $121.50 in a research note on Tuesday, January 14th. Citigroup reduced their target price on shares of PACCAR from $125.00 to $115.00 and set a "neutral" rating for the company in a report on Tuesday, January 14th. JPMorgan Chase & Co. lifted their price target on shares of PACCAR from $125.00 to $132.00 and gave the company an "overweight" rating in a research note on Monday, February 3rd. Finally, Truist Financial increased their price objective on shares of PACCAR from $112.00 to $113.00 and gave the stock a "hold" rating in a research note on Wednesday, January 29th. Seven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, PACCAR has a consensus rating of "Moderate Buy" and a consensus target price of $121.95.

PACCAR Stock Up 0.7 %

PCAR stock traded up $0.70 during mid-day trading on Thursday, hitting $105.96. 1,849,815 shares of the company were exchanged, compared to its average volume of 2,268,529. The firm's 50 day simple moving average is $108.32 and its 200 day simple moving average is $104.89. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.39 and a current ratio of 1.67. PACCAR has a 1-year low of $90.04 and a 1-year high of $125.50. The firm has a market cap of $55.55 billion, a P/E ratio of 13.40, a P/E/G ratio of 2.79 and a beta of 0.92.

PACCAR (NASDAQ:PCAR - Get Free Report) last released its quarterly earnings results on Tuesday, January 28th. The company reported $1.66 EPS for the quarter, missing analysts' consensus estimates of $1.70 by ($0.04). PACCAR had a return on equity of 23.53% and a net margin of 12.36%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in PCAR. Grove Bank & Trust raised its holdings in shares of PACCAR by 28.4% during the 3rd quarter. Grove Bank & Trust now owns 466 shares of the company's stock worth $46,000 after buying an additional 103 shares in the last quarter. CX Institutional raised its stake in PACCAR by 3.5% during the third quarter. CX Institutional now owns 11,244 shares of the company's stock worth $1,110,000 after acquiring an additional 382 shares in the last quarter. Creative Planning lifted its holdings in shares of PACCAR by 2.6% in the third quarter. Creative Planning now owns 74,672 shares of the company's stock worth $7,369,000 after acquiring an additional 1,920 shares during the last quarter. QV Investors Inc. boosted its stake in shares of PACCAR by 0.6% in the 3rd quarter. QV Investors Inc. now owns 46,425 shares of the company's stock valued at $4,581,000 after purchasing an additional 270 shares in the last quarter. Finally, Sunpointe LLC acquired a new position in PACCAR during the 3rd quarter worth approximately $491,000. 64.90% of the stock is owned by institutional investors.

Insider Transactions at PACCAR

In other PACCAR news, CEO R Preston Feight sold 25,200 shares of the firm's stock in a transaction 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 transaction, the chief executive officer now owns 206,129 shares in the company, valued at $22,876,196.42. This trade represents a 10.89 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Todd R. Hubbard sold 2,000 shares of the stock in a transaction on Friday, January 31st. The stock was sold at an average price of $112.05, for a total value of $224,100.00. Following the sale, the vice president now directly owns 5,463 shares in the company, valued at approximately $612,129.15. This trade represents a 26.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 130,871 shares of company stock worth $14,586,333 over the last quarter. Company insiders own 2.02% of the company's stock.

PACCAR Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, January 8th. Shareholders of record on Friday, December 20th were given a dividend of $3.00 per share. The ex-dividend date of this dividend was Friday, December 20th. This is an increase from PACCAR's previous dividend of $0.89. PACCAR's dividend payout ratio (DPR) is 15.17%.

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.