Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
PACCAR Inc Market Cap
Based on ratings from 23 stock analysts, the PACCAR Inc stock price is expected to increase by 6.48% in 12 months. This is calculated by using the average 12-month stock price forecast for PACCAR Inc. The lowest target is $89.21 and the highest is $139. Please note analyst price targets are not guaranteed and could be missed completely.
PACCAR Inc has a total of 23 Wall St Analyst ratings. There are 8 buy ratings, 14 ratings, and 1 sell ratings. Since most analysts have a buy consensus rating, the expectation is that PACCAR Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of PCAR.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| David Raso Evercore ISI Group | In-Line | $99 | Maintains | Aug 19, 2024 |
| Kyle Menges Citigroup | Neutral | $100 | Maintains | Aug 12, 2024 |
| Tami Zakaria JP Morgan | Overweight | $115 | Maintains | Jul 24, 2024 |
| Jamie Cook Truist Securities | Hold | $107 | Maintains | Jul 24, 2024 |
| Nicole Deblase Deutsche Bank | Buy | $109 | Maintains | Jul 24, 2024 |
| Jamie Cook Truist Securities | Hold | $115 | Maintains | Jul 2, 2024 |
| Tim Thein Raymond James | Market Perform | Initiates | Jun 28, 2024 | |
| Kyle Menges Citigroup | Neutral | $115 | Initiates | Jun 26, 2024 |
| Jamie Cook Truist Securities | Hold | $121 | Reiterates | May 2, 2024 |
| Tami Zakaria JP Morgan | Overweight | $130 | Maintains | May 1, 2024 |
| Jerry Revich Goldman Sachs | Neutral | $121 | Maintains | Apr 16, 2024 |
| Tami Zakaria JP Morgan | Overweight | $140 | Maintains | Apr 15, 2024 |
| Nick Housden RBC Capital | Sector Perform | $123 | Initiates | Mar 26, 2024 |
| Steven Fisher UBS | Buy | $136 | Upgrade | Mar 15, 2024 |
| Jamie Cook Truist Securities | Hold | $117 | Initiates | Mar 14, 2024 |
| Tami Zakaria JP Morgan | Overweight | $135 | Maintains | Mar 5, 2024 |
| David Raso Evercore ISI Group | In-Line | $101 | Maintains | Feb 20, 2024 |
| Steven Fisher UBS | Neutral | $104 | Maintains | Jan 25, 2024 |
| Jerry Revich Goldman Sachs | Neutral | $106 | Maintains | Jan 24, 2024 |
| Ross Gilardi B of A Securities | Neutral | $97 | Upgrade | Jan 19, 2024 |
When did it IPO
1986
Staff Count
32,400
Country
United States
Sector/Industry
Industrials/Farm & Heavy Construction Machinery
CEO
Mr. R. Preston Feight
Market Cap
$54.21B
In 2023, PCAR generated $35.13B in revenue, which was a increase of 21.89% from the previous year. This can be seen as a signal that PCAR's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Fri, 27 Sep 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Paccar (PCAR) closed at $98.13, reflecting a 0.33% increase from the previous trading day.
Why It Matters - Paccar's slight increase indicates stability and potential investor confidence, which can influence trading patterns and future price movements.
Tue, 24 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Paccar (PCAR) closed at $99.17, up 0.38% from the previous trading day.
Why It Matters - Paccar's slight price increase indicates market confidence, potentially reflecting positive sentiment or performance, which could influence investor decisions on the stock.
Mon, 16 Sep 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Paccar (PCAR) closed at $95.70, up 0.61% from the previous day.
Why It Matters - Paccar's recent price increase indicates positive market sentiment and potential growth, which can influence investor confidence and future stock performance.
Wed, 18 Sep 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Paccar (PCAR) closed at $96.32, down 1.7% from the prior trading day.
Why It Matters - A 1.7% decline in Paccar's stock price could signal potential concerns about the company's performance or market sentiment, impacting investor confidence and future trading decisions.
Tue, 10 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - PACCAR Inc's Board declared a quarterly cash dividend of $0.30 per share, payable on December 4, 2024, to shareholders on record as of November 13, 2024.
Why It Matters - PACCAR's dividend declaration signals financial health and commitment to returning value to shareholders, which can boost investor confidence and potentially support stock price stability.
Mon, 09 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Directed Technologies has been chosen as the telematics supply partner for PACCAR Mexico, providing hardware and fleet management solutions for DAF trucks starting September 2024.
Why It Matters - Directed Technologies' partnership with PACCAR Mexico enhances its market position, potentially increasing revenue and expanding its customer base in the growing telematics sector.
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