Press coverage about PACCAR (NASDAQ:PCAR) has trended somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PACCAR earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned headlines about the company an impact score of 47.0503868639836 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Zacks: Analysts Anticipate PACCAR Inc (PCAR) to Post $1.28 EPS (americanbankingnews.com)
- PACCAR (PCAR) Given Hold Rating at Stifel Nicolaus (americanbankingnews.com)
- North American January semi-truck orders highest since 2006 (finance.yahoo.com)
- PACCAR Inc (PCAR) to Post FY2019 Earnings of $5.46 Per Share, Seaport Global Securities Forecasts (americanbankingnews.com)
- PACCAR Inc (PCAR) Receives Average Rating of “Hold” from Analysts (americanbankingnews.com)
Shares of PACCAR (PCAR) opened at $68.69 on Thursday. PACCAR has a 52-week low of $61.93 and a 52-week high of $79.69. The company has a market cap of $24,690.00, a price-to-earnings ratio of 14.46, a P/E/G ratio of 1.32 and a beta of 1.22. The company has a current ratio of 1.08, a quick ratio of 0.90 and a debt-to-equity ratio of 0.75.
PACCAR (NASDAQ:PCAR) last announced its earnings results on Tuesday, January 30th. The company reported $1.18 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.12 by $0.06. PACCAR had a net margin of 8.61% and a return on equity of 19.65%. The business had revenue of $5.12 billion for the quarter, compared to analyst estimates of $4.87 billion. During the same quarter last year, the business earned $0.82 earnings per share. The company’s revenue for the quarter was up 36.0% compared to the same quarter last year. equities analysts expect that PACCAR will post 5.24 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 6th. Stockholders of record on Tuesday, February 13th will be given a $0.25 dividend. The ex-dividend date is Monday, February 12th. This represents a $1.00 annualized dividend and a dividend yield of 1.46%. PACCAR’s dividend payout ratio (DPR) is 21.05%.
A number of analysts have recently weighed in on the stock. Bank of America upgraded shares of PACCAR from a “neutral” rating to a “buy” rating and set a $70.00 price objective on the stock in a research note on Tuesday, January 2nd. Wells Fargo & Co increased their price objective on shares of PACCAR from $75.00 to $80.00 and gave the stock a “market perform” rating in a research note on Thursday, January 18th. Citigroup increased their price objective on shares of PACCAR from $78.00 to $81.00 and gave the stock a “buy” rating in a research note on Friday, October 13th. BidaskClub upgraded shares of PACCAR from a “hold” rating to a “buy” rating in a research note on Thursday, December 7th. Finally, BMO Capital Markets reiterated a “buy” rating and issued a $85.00 price objective on shares of PACCAR in a research note on Friday, October 20th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. PACCAR currently has an average rating of “Hold” and an average price target of $76.58.
In other news, VP C Michael Dozier sold 3,618 shares of PACCAR stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $69.02, for a total value of $249,714.36. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 2.64% of the stock is owned by company insiders.
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PACCAR Inc (PACCAR) is a technology company. The Company’s segments include Truck, Parts and Financial Services. The Truck segment includes the design, manufacture and distribution of light-, medium- and heavy-duty commercial trucks. The Company’s trucks are marketed under the Kenworth, Peterbilt and DAF nameplates.
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