The technical analysis of PACCAR Inc. clearly shows that the moving average of 50-days of PACCAR Inc. The firm issued a hold rating on the stock. PACCAR Inc (PCAR) has risen 21.69% since February 2, 2016 and is uptrending.
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The 52-week high for PACCAR Inc. stands at -5.37% while the 52-week low stands at 34.04%. The company has a market cap of $20.27B.
Paccar (NASDAQ:PCAR) last announced its quarterly earnings data on Tuesday, July 26th. These market experts have disclosed projected earnings of $0.940 a share for the near-term quarter and $3.970 for this year. The business earned $4.12 billion during the quarter, compared to the consensus estimate of $4.17 billion. The company had revenue of $4115.80 million for the quarter, compared to analysts expectations of $4119.27 million. 3 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. Stockholders of record on Friday, August 12th were given a $0.24 dividend. It has a dividend yield of 1.66%. The ex-dividend date of this dividend was Wednesday, August 10th. Longbow Downgraded PACCAR Inc on Jul 19, 2016 to ” Underperform”, Price Target of the shares are set at $44.PACCAR Inc was Downgraded by JP Morgan to ” Underweight” on Jun 27, 2016. PACCAR Inc. (NASDAQ:PCAR) ratio came in at 30.937, which was derived by dividing current price of stock by yearly earnings.
04/12/2016 – PACCAR Inc. had its “neutral – trader” rating reiterated by analysts at Macquarie.
PACCAR (PCAR): Average target price received by PACCAR (PCAR) is $57.46 with an expected standard deviation of $8.47. These Analysts measured the Higher, Lower and Mean Estimated EPS for this stock. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. This insider holds 45,993 shares with a market value around $2723246 as of recent close. Norges Bank purchased a new position in shares of Paccar during the fourth quarter worth about $112,133,000. Finally, Two Sigma Advisers LLC boosted its position in shares of Paccar by 64.5% in the fourth quarter. They now have a United States dollars 44 price target on the stock.
PACCAR Inc (PACCAR) is a global technology company engaged in the design, manufacture and customer support of trucks.
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PACCAR Inc is a company operating in three principal industry segments: the Truck segment includes the design manufacture and distribution of light- medium- and heavy-duty commercial trucks; the Parts segment includes the distribution of aftermarket parts for trucks and related commercial vehicles and the Financial Services segment includes finance and leasing products and services provided to customers and dealers in the United States Canada Mexico Europe and Australia. The company stock was initiated at Hold, wrote analysts at Deutsche Bank, in a research note issued to clients on Wednesday September 07, 2016.
