PACCAR (PCAR) Receives Daily News Sentiment Score of 0.09

News coverage about PACCAR (NASDAQ:PCAR) has been trending somewhat positive recently, according to Accern. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. PACCAR earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.4637501632512 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:

PACCAR (NASDAQ PCAR) traded up $0.18 during mid-day trading on Thursday, hitting $67.87. 1,046,100 shares of the stock were exchanged, compared to its average volume of 1,902,995. PACCAR has a twelve month low of $58.78 and a twelve month high of $75.68. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.56 and a quick ratio of 2.40. The firm has a market capitalization of $23,930.00, a P/E ratio of 17.36, a P/E/G ratio of 1.62 and a beta of 1.24.

PACCAR (NASDAQ:PCAR) last released its quarterly earnings results on Tuesday, October 24th. The company reported $1.14 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.06. PACCAR had a net margin of 7.61% and a return on equity of 18.77%. The business had revenue of $4.73 billion during the quarter, compared to the consensus estimate of $4.57 billion. During the same quarter last year, the company earned $0.98 earnings per share. The business’s quarterly revenue was up 19.7% compared to the same quarter last year. research analysts forecast 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 given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date is Monday, November 13th. PACCAR’s payout ratio is currently 25.64%.

Several research analysts recently commented on the stock. ValuEngine lowered shares of PACCAR from a “buy” rating to a “hold” rating in a report on Friday, November 17th. Argus raised shares of PACCAR from a “hold” rating to a “buy” rating in a research report on Monday, November 6th. Credit Suisse Group increased their price objective on shares of PACCAR from $69.00 to $71.00 and gave the company a “neutral” rating in a research report on Wednesday, October 25th. Deutsche Bank AG lowered their price objective 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 objective 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 equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $75.95.

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In other news, insider Mark C. Pigott sold 98,956 shares of the firm’s stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of $71.37, for a total transaction of $7,062,489.72. Following the completion of the sale, the insider now owns 2,985,401 shares of the company’s stock, valued at $213,068,069.37. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Alma Lily Ley sold 4,024 shares of the firm’s stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $71.00, for a total transaction of $285,704.00. Following the sale, the vice president now directly owns 24,319 shares of the company’s stock, valued at approximately $1,726,649. The disclosure for this sale can be found here. Insiders have sold 106,598 shares of company stock valued at $7,597,908 in the last three months. Corporate insiders own 2.64% of the company’s stock.

About PACCAR

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.

Insider Buying and Selling by Quarter for PACCAR (NASDAQ:PCAR)

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