PACCAR (PCAR) to Release Earnings on Tuesday

PACCAR (NASDAQ:PCAR) is expected to be issuing its Q1 2025 quarterly earnings data 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) last released its earnings results on Tuesday, January 28th. The company reported $1.66 EPS for the quarter, missing the consensus estimate 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 Stock Performance

PACCAR stock opened at $87.29 on Tuesday. The firm has a fifty day simple moving average of $98.78 and a two-hundred day simple moving average of $105.73. The company has a quick ratio of 1.39, a current ratio of 2.54 and a debt-to-equity ratio of 0.56. PACCAR has a twelve month low of $85.05 and a twelve month high of $118.81. The company has a market capitalization of $45.82 billion, a PE ratio of 11.04, a P/E/G ratio of 2.77 and a beta of 0.96.

PACCAR Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Stockholders of record on Wednesday, February 12th were issued a $0.33 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $1.32 annualized dividend and a dividend yield of 1.51%. This is an increase from PACCAR’s previous quarterly dividend of $0.30. PACCAR’s payout ratio is currently 16.69%.

Analysts Set New Price Targets

Several research firms recently issued reports on PCAR. Evercore ISI reduced their price target on PACCAR from $129.00 to $127.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 19th. Morgan Stanley cut shares of PACCAR from an “overweight” rating to an “equal weight” rating and set a $96.00 target price on the stock. in a report on Wednesday, April 16th. JPMorgan Chase & Co. decreased their target price on shares of PACCAR from $121.00 to $105.00 and set an “overweight” rating on the stock in a research note on Friday, April 11th. Citigroup dropped their price target on shares of PACCAR from $105.00 to $95.00 and set a “neutral” rating for the company in a research report on Tuesday, April 8th. Finally, Melius upgraded shares of PACCAR from a “hold” rating to a “buy” rating in a report on Tuesday, March 18th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, PACCAR currently has an average rating of “Hold” and a consensus target price of $108.59.

Insider Buying and Selling

In other news, CFO Harrie Schippers sold 28,676 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $105.97, for a total value of $3,038,795.72. Following the sale, the chief financial officer now directly owns 114,659 shares of the company’s stock, valued at approximately $12,150,414.23. This represents a 20.01 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Darrin C. Siver sold 103,671 shares of the stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $111.56, for a total transaction of $11,565,536.76. Following the sale, the executive vice president now directly owns 61,005 shares in the company, valued at $6,805,717.80. This trade represents a 62.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 165,547 shares of company stock valued at $18,261,908 over the last quarter. Corporate insiders own 2.02% of the company’s stock.

Hedge Funds Weigh In On PACCAR

A hedge fund recently raised its stake in PACCAR stock. Brighton Jones LLC boosted its holdings in PACCAR Inc (NASDAQ:PCAR) by 0.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 89,001 shares of the company’s stock after buying an additional 290 shares during the quarter. Brighton Jones LLC’s holdings in PACCAR were worth $9,258,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 64.90% of the company’s stock.

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.