PACCAR Inc (PCAR)

NASDAQ: PCAR · IEX Real-Time Price · USD
108.47
+0.35 (0.32%)
May 15, 2024, 11:54 AM EDT - Market open
0.32%
Market Cap 56.88B
Revenue (ttm) 35.40B
Net Income (ttm) 5.06B
Shares Out 524.15M
EPS (ttm) 9.63
PE Ratio 11.32
Forward PE 12.82
Dividend $1.20 (1.11%)
Ex-Dividend Date May 14, 2024
Volume 535,037
Open 108.55
Previous Close 108.12
Day's Range 108.25 - 109.25
52-Week Range 68.40 - 125.50
Beta 0.95
Analysts Buy
Price Target 115.08 (+6.02%)
Earnings Date Apr 30, 2024

About PCAR

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... [Read more]

Sector Industrials
Founded 1905
Employees 32,400
Stock Exchange NASDAQ
Ticker Symbol PCAR
Full Company Profile

Financial Performance

In 2023, PACCAR's revenue was $35.13 billion, an increase of 21.89% compared to the previous year's $28.82 billion. Earnings were $4.60 billion, an increase of 52.77%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for PCAR stock is "Buy." The 12-month stock price forecast is $115.08, which is an increase of 6.02% from the latest price.

Price Target
$115.08
(6.02% upside)
Analyst Consensus: Buy
Stock Forecasts

News

PACCAR Increases Regular Quarterly Dividend

BELLEVUE, Wash.--(BUSINESS WIRE)--PACCAR Inc's Board of Directors today approved an increase of 11% in the regular quarterly cash dividend from twenty-seven cents ($.27) per share to thirty cents ($.3...

14 days ago - Business Wire

PACCAR Elects New Director

BELLEVUE, Wash.--(BUSINESS WIRE)--Mr. Luiz Pretti has been elected to the PACCAR Inc Board of Directors, effective September 1, 2024, according to Mark Pigott, PACCAR executive chairman. Mr. Pretti wi...

14 days ago - Business Wire

PACCAR Elects New Directors

BELLEVUE, Wash.--(BUSINESS WIRE)--Mr. Pierre Breber and Mr. Brice Hill have been elected to the PACCAR Inc Board of Directors, effective July 1, 2024, according to Mark Pigott, PACCAR executive chairm...

14 days ago - Business Wire

PACCAR Achieves Excellent Financial Performance

BELLEVUE, Wash.--(BUSINESS WIRE)--“PACCAR reported excellent revenues and net income in the first quarter of 2024,” said Preston Feight, chief executive officer. “PACCAR's results reflect ongoing dema...

15 days ago - Business Wire

Truck stocks Iveco, Daimler, PACCAR are roaring in 2024

Truck manufacturers are thriving in 2024 and to some extent, beating some of the best-known technology companies. In Italy, Iveco Group (IVG) share price has jumped in the past nine weeks straight and...

6 weeks ago - Invezz

Final Trades: Leidos Holdings, CrowdStrike, Paccar and GSG

The Investment Committee share their top trades for the second half.

Other symbols: CRWDLDOSGSG
2 months ago - CNBC Television

PACCAR Recognizes Top Performing Suppliers in North America

BELLEVUE, Wash.--(BUSINESS WIRE)--PACCAR utilizes its comprehensive Supplier Performance Management Program (SPM) to evaluate supplier achievements in the areas of product development, operations and ...

2 months ago - Business Wire

10 stocks you can bet on being inflation-proof

New research shows that “quality” stocks — companies with high operating profitability but which are out of favor on Wall Street — are the type of stocks most likely to do well if inflation heats up. ...

Other symbols: AMCWCXWHCCINVAOTTRRDN
2 months ago - Market Watch

A Quality Exec Comp Plan Lowers The Risk Of Investing In Paccar

The Exec Comp Aligned with ROIC Model Portfolio (-1.7%) underperformed the S&P 500 (+1.5%) from December 15, 2023 through January 10, 2024. The best performing stock in the portfolio was up 12%.

3 months ago - Forbes

PACCAR beats quarterly profit, revenue estimates on demand for newer truck models

PACCAR Inc beat estimates for fourth-quarter profit and revenue estimates on Tuesday, on sustained demand for its fuel-efficient truck models.

4 months ago - Reuters

Paccar's stock gains as it sets revenue and net income records

Paccar Inc.'s stock PCAR, +0.86% rose 1.5% in premarket trading on Tuesday after the truck manufacturer said its fourth-quarter revenue and profits set new records. Paccar, which owns Kenworth, Peterb...

4 months ago - Market Watch

PACCAR Achieves Record Annual Revenues and Net Income

BELLEVUE, Wash.--(BUSINESS WIRE)--“PACCAR reported record annual revenues and net income in 2023,” said Preston Feight, chief executive officer. “PACCAR's excellent results reflect record deliveries o...

4 months ago - Business Wire

Cummins, Daimler Truck, PACCAR pick Mississippi for battery cell production

Accelera, a zero-emissions business unit of Cummins , Daimler Trucks & Buses US Holding, and PACCAR , on Thursday picked Marshall County, Mississippi as the site for advanced battery cell manufacturin...

Other symbols: CMI
4 months ago - Reuters

Accelera by Cummins, Daimler Truck and PACCAR Select Mississippi for Battery Cell Production in the United States

COLUMBUS, Ind. & PORTLAND, Ore. & BELLEVUE, Wash.--(BUSINESS WIRE)--Accelera™ by Cummins, Daimler Trucks & Buses US Holding LLC and PACCAR have selected Marshall County, Mississippi, as the future sit...

Other symbols: CMI
4 months ago - Business Wire

Accelera by Cummins, Daimler Truck and PACCAR select Mississippi for battery cell production in the United States

COLUMBUS, Ind. & PORTLAND, Ore. & BELLEVUE, Wash.--(BUSINESS WIRE)--Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. [NYSE: CMI], Daimler Trucks & Buses US Holding LLC [a Daim...

Other symbols: CMI
4 months ago - Business Wire

Daily Dividend Report: Paccar, AWK, Quanta Services, Mastercard, Deere

Daily Dividend Report: Paccar, AWK, Quanta Services, Mastercard, Deere

Other symbols: DEMAPWR
5 months ago - Forbes

PACCAR Announces Extra Cash Dividend

BELLEVUE, Wash.--(BUSINESS WIRE)--PACCAR Inc's Board of Directors today declared an extra cash dividend of three dollars and twenty cents ($3.20) per share, payable on January 4, 2024, to stockholders...

5 months ago - Business Wire

PACCAR Declares Regular Quarterly Cash Dividend

BELLEVUE, Wash.--(BUSINESS WIRE)--PACCAR Inc's Board of Directors today declared a regular quarterly cash dividend of twenty-seven cents ($.27) per share, payable on March 6, 2024, to stockholders of ...

5 months ago - Business Wire

Earnings-season winners: 20 companies that have grown sales while improving profit margins

Earnings season is a time when investors like to see a “beat and raise” pattern. That is, companies report sales and earnings that surprise the market by coming in ahead of analysts' estimates.

6 months ago - Market Watch

PACCAR Achieves Record Quarterly Earnings

BELLEVUE, Wash.--(BUSINESS WIRE)--“PACCAR achieved record net income for the third quarter of 2023,” said Preston Feight, chief executive officer. “PACCAR's third quarter results reflect excellent Tru...

7 months ago - Business Wire

Three-Stock Lunch: Simon Property, Paccar Inc, and Kroger

David Trainer, New Constructs CEO, joins 'Power Lunch' to discuss his investing take on three stocks: Simon Property, Paccar Inc, and Kroger.

Other symbols: KRSPG
8 months ago - CNBC Television

Cummins, Paccar, Daimler team up for US battery cell venture

Three companies are creating a joint venture to produce battery cells for commercial electric vehicles in the United States. Cummins (CMI), Paccar (PCAR), Daimler (MBG.DE) have created a joint venture...

Other symbols: CMI
8 months ago - Yahoo Finance

Accelera by Cummins, Daimler Truck and PACCAR form a joint venture to advance battery cell production in the United States

COLUMBUS, Ind. & PORTLAND, Ore. & BELLEVUE, Wash.--(BUSINESS WIRE)--Accelera by Cummins, the zero-emissions business unit of Cummins Inc. [NYSE: CMI], Daimler Trucks & Buses US Holding LLC (a Daimler ...

Other symbols: CMI
9 months ago - Business Wire

Accelera - Cummins, Daimler Truck and PACCAR Form a Joint Venture to Advance Battery Cell Production in The United States

COLUMBUS, Ind. & PORTLAND, Ore. & BELLEVUE, Wash.--(BUSINESS WIRE)--Accelera by Cummins, the zero-emissions business unit of Cummins Inc. [NYSE: CMI], Daimler Trucks & Buses US Holding LLC (a Daimler ...

Other symbols: CMI
9 months ago - Business Wire

Cummins And Two Truck Giants Will Pour $3 Billion Into A Battery Venture

The biggest diesel engine maker, Daimler and Paccar plan to open the biggest venture in North America making battery cells tailored to commercial vehicles.

Other symbols: CMI
9 months ago - Forbes