Zacks Research Issues Negative Estimate for PACCAR Earnings

PACCAR Inc (NASDAQ:PCARFree Report) – Analysts at Zacks Research dropped their Q1 2025 earnings per share estimates for PACCAR in a research note issued to investors on Monday, February 10th. Zacks Research analyst R. Singhi now forecasts that the company will post earnings per share of $1.60 for the quarter, down from their prior estimate of $2.03. The consensus estimate for PACCAR’s current full-year earnings is $7.60 per share. Zacks Research also issued estimates for PACCAR’s FY2025 earnings at $7.49 EPS, Q1 2026 earnings at $1.82 EPS and Q4 2026 earnings at $2.49 EPS.

PACCAR (NASDAQ:PCARGet Free Report) last announced its quarterly earnings data 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%.

Several other equities analysts also recently issued reports on the company. Bank of America raised PACCAR from a “neutral” rating to a “buy” rating and upped their target price for the company from $116.00 to $121.50 in a research report on Tuesday, January 14th. Evercore ISI raised PACCAR from an “in-line” rating to an “outperform” rating and increased their price objective for the company from $99.00 to $129.00 in a report on Wednesday, November 13th. Morgan Stanley reduced their price objective on PACCAR from $135.00 to $126.00 and set an “overweight” rating for the company in a research note on Wednesday, October 23rd. Jefferies Financial Group lowered PACCAR from a “buy” rating to a “hold” rating and set a $120.00 target price on the stock. in a research report on Friday, December 6th. Finally, JPMorgan Chase & Co. raised their price target on shares of PACCAR from $125.00 to $132.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Seven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, PACCAR presently has a consensus rating of “Moderate Buy” and a consensus price target of $121.95.

Read Our Latest Stock Analysis on PACCAR

PACCAR Trading Down 2.8 %

NASDAQ PCAR opened at $103.11 on Thursday. PACCAR has a 12-month low of $90.04 and a 12-month high of $125.50. The company has a fifty day simple moving average of $108.77 and a two-hundred day simple moving average of $104.74. The company has a current ratio of 1.67, a quick ratio of 1.39 and a debt-to-equity ratio of 0.54. The stock has a market cap of $54.06 billion, a P/E ratio of 13.04, a P/E/G ratio of 2.79 and a beta of 0.92.

PACCAR Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, January 8th. Investors of record on Friday, December 20th were given a dividend of $3.00 per share. The ex-dividend date was Friday, December 20th. This is a positive change from PACCAR’s previous dividend of $0.89. PACCAR’s dividend payout ratio (DPR) is currently 15.17%.

Insider Buying and Selling at PACCAR

In other PACCAR news, EVP Darrin C. Siver sold 103,671 shares of the stock in a transaction on 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 transaction, the executive vice president now directly owns 61,005 shares of the company’s stock, valued at $6,805,717.80. This trade represents a 62.95 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Todd R. Hubbard sold 2,000 shares of the business’s stock in a transaction dated Friday, January 31st. The stock was sold at an average price of $112.05, for a total transaction of $224,100.00. Following the sale, the vice president now directly owns 5,463 shares of the company’s stock, valued at $612,129.15. This represents a 26.80 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 130,871 shares of company stock valued at $14,586,333. Corporate insiders own 2.02% of the company’s stock.

Institutional Investors Weigh In On PACCAR

Several institutional investors have recently bought and sold shares of PCAR. Norges Bank acquired a new position in shares of PACCAR during the fourth quarter valued at approximately $526,922,000. Wellington Management Group LLP increased its position in shares of PACCAR by 53.3% during the third quarter. Wellington Management Group LLP now owns 13,434,115 shares of the company’s stock worth $1,325,678,000 after purchasing an additional 4,669,172 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in PACCAR by 47.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 10,194,903 shares of the company’s stock valued at $1,006,033,000 after purchasing an additional 3,296,146 shares during the last quarter. Madison Investment Advisors LLC purchased a new position in PACCAR in the 4th quarter valued at $254,651,000. Finally, JPMorgan Chase & Co. boosted its stake in PACCAR by 49.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,515,184 shares of the company’s stock worth $346,878,000 after purchasing an additional 1,164,692 shares during the last quarter. 64.90% of the stock is currently owned by institutional investors and hedge funds.

PACCAR Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for PACCAR (NASDAQ:PCAR)

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