PACCAR (PCAR) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $103.77 to $106.75
• 50-Day Range: $103.35 to $118.41
• 52-Week Range: $90.04 to $125.50
• Volume: 6.27 million shs
• Average Volume: 2.59 million shs
• Market Capitalization: $55.22 billion
• P/E Ratio: 11.77
• Dividend Yield: 1.14%
• Price Target: $118.50
• Consensus Rating: Hold

PACCAR Stock Analysis - MarketRank™

PACCAR scored higher than 82% of companies evaluated by MarketBeat, and ranked 23rd out of 90 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

PACCAR has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 5 buy ratings, 9 hold ratings, and no sell ratings.

Amount of Analyst Coverage

PACCAR has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -2.63%

Earnings Growth

Earnings for PACCAR are expected to decrease by -2.63% in the coming year, from $7.98 to $7.77 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of PACCAR is 11.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.76.

Price to Earnings Ratio vs. Sector

The P/E ratio of PACCAR is 11.77, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 11.32.

Price to Earnings Growth Ratio

PACCAR has a PEG Ratio of 1.77. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

PACCAR has a P/B Ratio of 3.47. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.12% of the outstanding shares of PACCAR have been sold short.

Short Interest Ratio / Days to Cover

PACCAR has a short interest ratio ("days to cover") of 4.6.

Change versus previous month

Short interest in PACCAR has recently decreased by 10.92%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

PACCAR pays a meaningful dividend of 1.12%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

PACCAR does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of PACCAR is 13.41%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, PACCAR will have a dividend payout ratio of 15.44% next year. This indicates that PACCAR will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -6.18

Percentage of Shares Shorted

2.12% of the outstanding shares of PACCAR have been sold short.

Short Interest Ratio / Days to Cover

PACCAR has a short interest ratio ("days to cover") of 4.6.

Change versus previous month

Short interest in PACCAR has recently decreased by 10.92%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.79

News Sentiment

PACCAR has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for PACCAR this week, compared to 12 articles on an average week.

Search Interest

8 people have searched for PCAR on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added PACCAR to their MarketBeat watchlist in the last 30 days. This is a decrease of -70% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, PACCAR insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,358,552.00 in company stock.

Percentage Held by Insiders

Only 2.02% of the stock of PACCAR is held by insiders.

Percentage Held by Institutions

64.90% of the stock of PACCAR is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PCAR Stock Analysis - Frequently Asked Questions

How have PCAR shares performed this year?

PACCAR's stock was trading at $97.65 at the start of the year. Since then, PCAR stock has increased by 7.9% and is now trading at $105.32.
View the best growth stocks for 2024 here.

How were PACCAR's earnings last quarter?

PACCAR Inc (NASDAQ:PCAR) issued its quarterly earnings data on Tuesday, October, 22nd. The company reported $1.85 EPS for the quarter, topping the consensus estimate of $1.82 by $0.03. The firm's revenue was down 5.2% compared to the same quarter last year.
Read the conference call transcript.

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 issued shares were distributed to shareholders after the closing bell on Friday, January 13th 2023. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

Does PACCAR have any subsidiaries?

The following companies are subsidiaries of PACCAR: Truck Center Hauser, Leyland Trucks, DAF Trucks, Trico Industries, Banco PACCAR S.A., DAF Caminhões Brasil Indústria Ltda., DAF Trucks Deutschland GmbH, and others.

Who are PACCAR's major shareholders?

PACCAR's top institutional shareholders include State Street Corp (4.24%), Wellington Management Group LLP (2.56%), Geode Capital Management LLC (2.27%) and Massachusetts Financial Services Co. MA (1.94%). Insiders that own company stock include Mark C Pigott, R Preston Feight, Harrie Schippers, Michael T Barkley, C Michael Dozier, Kevin D Baney, Todd R Hubbard, Michael K Walton, Brice J Poplawski, Jack K Levier and Alison J Carnwath.
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.

What other stocks do shareholders of PACCAR own?

Based on aggregate information from My MarketBeat watchlists, some other companies that PACCAR investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Arista Networks (ANET), Adobe (ADBE) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 10/22/2024
• Ex-Dividend for 12/4 Dividend: 11/13/2024
• Dividend Payable: 12/04/2024
• Ex-Dividend for 1/8 Dividend: 12/20/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/08/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: Motor vehicles & car bodies
• Sub-Industry: Construction & Farm Machinery & Heavy Trucks
• Current Symbol: NASDAQ:PCAR
• CUSIP: 69371810
• CIK: 75362
• Web: www.paccar.com
• Phone: (425) 468-7400
• Fax: 425-468-8216
• Employees: 32,400
• Year Founded: 1905

Price Target and Rating

• Average Stock Price Target: $118.50
• High Stock Price Target: $136.00
• Low Stock Price Target: $97.00
• Potential Upside/Downside: +12.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.36
• Research Coverage: 14 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $8.95
• Trailing P/E Ratio: 11.77
• Forward P/E Ratio: 13.20
• P/E Growth: 1.77
• Net Income: $4.60 billion
• Net Margins: 13.51%
• Pretax Margin: 16.92%
• Return on Equity: 27.24%
• Return on Assets: 11.37%

Debt

• Debt-to-Equity Ratio: 0.54
• Current Ratio: 1.25
• Quick Ratio: 1.03

Sales & Book Value

• Annual Sales: $34.83 billion
• Price / Sales: 1.59
• Cash Flow: $10.64 per share
• Price / Cash Flow: 9.90
• Book Value: $30.36 per share
• Price / Book: 3.47

Miscellaneous

• Outstanding Shares: 524,301,000
• Free Float: 513,710,000
• Market Cap: $55.22 billion
• Optionable: Optionable
• Beta: 0.91