Headlines about PACCAR (NASDAQ:PCAR) have trended somewhat positive on Sunday, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PACCAR earned a daily sentiment score of 0.08 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.7656620209793 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- PACCAR (PCAR) vs. Its Competitors Head to Head Review (americanbankingnews.com)
- PACCAR Inc. (PCAR) Rating Lowered to Hold at ValuEngine (americanbankingnews.com)
- PACCAR, Inc. : PCAR-US: Dividend Analysis : November 14th, 2017 (record date) : By the numbers : November 14, 2017 (finance.yahoo.com)
- PACCAR Inc. (PCAR) VP C Michael Dozier Sells 3,618 Shares (americanbankingnews.com)
PACCAR (NASDAQ:PCAR) opened at $66.69 on Friday. The firm has a market cap of $23,448.87, a P/E ratio of 17.10, a PEG ratio of 1.60 and a beta of 1.24. PACCAR has a 1-year low of $58.78 and a 1-year high of $75.68. The company has a quick ratio of 2.40, a current ratio of 2.56 and a debt-to-equity ratio of 0.75.
PACCAR (NASDAQ:PCAR) last released its quarterly earnings results on Tuesday, October 24th. The company reported $1.14 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.08 by $0.06. The company had revenue of $4.73 billion during the quarter, compared to analysts’ expectations of $4.57 billion. PACCAR had a net margin of 7.61% and a return on equity of 18.77%. The business’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.98 earnings per share. sell-side analysts expect that PACCAR will post 4.18 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 5th. Stockholders of record on Tuesday, November 14th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend is Monday, November 13th. PACCAR’s dividend payout ratio (DPR) is presently 25.64%.
Several equities research analysts have recently commented on the stock. ValuEngine cut shares of PACCAR from a “buy” rating to a “hold” rating in a research report on Friday. Argus upgraded shares of PACCAR from a “hold” rating to a “buy” rating in a research report on Monday, November 6th. Credit Suisse Group lifted their price target on shares of PACCAR from $69.00 to $71.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 25th. Deutsche Bank AG lowered their price target on shares of PACCAR from $78.00 to $77.00 and set a “hold” rating for the company in a research report on Wednesday, October 25th. Finally, Wells Fargo & Company lowered their price target on shares of PACCAR from $77.00 to $75.00 and set a “market perform” rating for the company in a research report on Wednesday, October 25th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $75.95.
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In other news, VP Alma Lily Ley sold 4,024 shares of the company’s stock in a transaction that occurred on Tuesday, October 31st. The shares were sold at an average price of $71.00, for a total value of $285,704.00. Following the completion of the transaction, the vice president now owns 24,319 shares in the company, valued at $1,726,649. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP C Michael Dozier sold 3,618 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $69.02, for a total transaction of $249,714.36. The disclosure for this sale can be found here. Insiders sold 106,598 shares of company stock valued at $7,597,908 in the last quarter. Corporate insiders own 2.64% of the company’s stock.
PACCAR Company Profile
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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