Zacks Research Has Pessimistic Outlook of PACCAR Q1 Earnings

PACCAR Inc. (NASDAQ:PCAR) – Analysts at Zacks Research lowered their Q1 2027 earnings per share estimates for PACCAR in a note issued to investors on Tuesday, November 4th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $1.50 for the quarter, down from their previous forecast of $1.61. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for PACCAR’s current full-year earnings is $7.57 per share. Zacks Research also issued estimates for PACCAR’s Q2 2027 earnings at $1.50 EPS, Q3 2027 earnings at $1.52 EPS and FY2027 earnings at $6.09 EPS.

A number of other research firms also recently commented on PCAR. Morgan Stanley set a $90.00 target price on PACCAR in a report on Tuesday, October 21st. Argus raised PACCAR from a “hold” rating to a “buy” rating and set a $121.00 target price for the company in a report on Monday, July 28th. Evercore ISI set a $114.00 target price on PACCAR and gave the company an “outperform” rating in a report on Tuesday, August 19th. Wolfe Research raised PACCAR from an “underperform” rating to a “peer perform” rating in a report on Wednesday, October 22nd. Finally, UBS Group set a $103.00 target price on PACCAR and gave the company a “neutral” rating in a report on Wednesday, October 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $106.59.

PACCAR Price Performance

PACCAR stock opened at $100.74 on Thursday. PACCAR has a one year low of $84.65 and a one year high of $118.81. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.51 and a current ratio of 1.82. The business has a fifty day moving average of $98.39 and a two-hundred day moving average of $96.32. The company has a market cap of $52.90 billion, a P/E ratio of 19.71, a price-to-earnings-growth ratio of 4.11 and a beta of 0.94.

PACCAR (NASDAQ:PCAR) last issued its quarterly earnings results on Tuesday, October 21st. The company reported $1.12 earnings per share for the quarter, missing the consensus estimate of $1.14 by ($0.02). PACCAR had a return on equity of 16.01% and a net margin of 9.11%.The company had revenue of $6.67 billion for the quarter, compared to analyst estimates of $6.23 billion. During the same period in the prior year, the business earned $1.85 earnings per share. PACCAR’s revenue for the quarter was down 20.7% compared to the same quarter last year.

PACCAR Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 3rd. Investors of record on Wednesday, November 12th will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Wednesday, November 12th. PACCAR’s dividend payout ratio (DPR) is currently 25.83%.

Insider Buying and Selling

In related news, CFO Brice J. Poplawski sold 3,369 shares of PACCAR stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $101.15, for a total transaction of $340,774.35. Following the completion of the sale, the chief financial officer owned 468 shares in the company, valued at approximately $47,338.20. This trade represents a 87.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 2.02% of the company’s stock.

Institutional Trading of PACCAR

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Private Wealth Management Group LLC grew its holdings in PACCAR by 293.1% in the 3rd quarter. Private Wealth Management Group LLC now owns 283 shares of the company’s stock valued at $28,000 after buying an additional 211 shares during the period. Hazlett Burt & Watson Inc. grew its holdings in PACCAR by 53.8% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 286 shares of the company’s stock valued at $28,000 after buying an additional 100 shares during the period. AlphaQuest LLC purchased a new stake in PACCAR in the 3rd quarter valued at about $38,000. Bayforest Capital Ltd grew its holdings in PACCAR by 234.2% in the 1st quarter. Bayforest Capital Ltd now owns 391 shares of the company’s stock valued at $38,000 after buying an additional 274 shares during the period. Finally, Accent Capital Management LLC purchased a new stake in PACCAR in the 1st quarter valued at about $40,000. Hedge funds and other institutional investors own 64.90% of the company’s stock.

PACCAR Company Profile

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.