Paccar (NASDAQ:PCAR) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, April 24th. Analysts expect the company to announce earnings of $1.16 per share for the quarter.

Paccar (NASDAQ:PCAR) last posted its quarterly earnings data on Tuesday, January 30th. The company reported $1.18 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.12 by $0.06. Paccar had a net margin of 8.61% and a return on equity of 19.65%. The business had revenue of $5.12 billion during the quarter, compared to the consensus estimate of $4.87 billion. During the same period in the previous year, the firm posted $0.82 earnings per share. The business’s revenue for the quarter was up 36.0% compared to the same quarter last year. On average, analysts expect Paccar to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

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NASDAQ:PCAR opened at $69.52 on Tuesday. Paccar has a 12 month low of $61.93 and a 12 month high of $79.69. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.49 and a quick ratio of 2.34. The firm has a market cap of $23,896.05, a PE ratio of 16.32, a P/E/G ratio of 1.28 and a beta of 1.23.

PCAR has been the subject of several research reports. Royal Bank of Canada reiterated a “buy” rating and set a $82.00 price objective on shares of Paccar in a research note on Thursday, January 11th. Bank of America upgraded shares of Paccar from a “neutral” rating to a “buy” rating and set a $70.00 price objective for the company in a research note on Tuesday, January 2nd. ValuEngine upgraded shares of Paccar from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Longbow Research upgraded shares of Paccar from a “neutral” rating to a “buy” rating and set a $85.00 target price for the company in a research report on Tuesday, March 6th. Finally, Wells Fargo restated a “hold” rating and set a $75.00 target price (down from $80.00) on shares of Paccar in a research report on Thursday, February 22nd. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $76.00.

In other news, VP Marco A. Davila acquired 570 shares of the firm’s stock in a transaction on Friday, February 16th. The stock was acquired at an average price of $69.05 per share, for a total transaction of $39,358.50. Following the completion of the transaction, the vice president now owns 7,536 shares in the company, valued at approximately $520,360.80. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 2.64% of the company’s stock.

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About Paccar

PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Europe, and internationally. It operates in three segments: Truck, Parts, and Financial Services. The Truck segment offers trucks that are used for the over-the-road and off-highway hauling of commercial and consumer goods.

Earnings History for Paccar (NASDAQ:PCAR)

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