FY2026 Earnings Forecast for PACCAR Issued By Zacks Research

PACCAR Inc. (NASDAQ:PCAR) – Equities researchers at Zacks Research cut their FY2026 earnings per share estimates for PACCAR in a research note issued to investors on Thursday, March 12th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $5.41 for the year, down from their previous estimate of $5.42. Zacks Research currently has a “Hold” 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 FY2028 earnings at $7.51 EPS.

A number of other research analysts also recently issued reports on the stock. Truist Financial boosted their target price on shares of PACCAR from $108.00 to $120.00 and gave the company a “hold” rating in a research report on Wednesday, January 28th. JPMorgan Chase & Co. upped their target price on PACCAR from $133.00 to $142.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 14th. Citigroup increased their price objective on PACCAR from $120.00 to $125.00 and gave the company a “neutral” rating in a research report on Thursday, January 29th. Morgan Stanley set a $109.00 price target on shares of PACCAR and gave the company an “equal weight” rating in a research report on Tuesday, February 3rd. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of PACCAR in a research report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $116.50.

PACCAR Stock Down 1.1%

PCAR stock opened at $116.82 on Friday. The firm’s 50-day moving average is $122.71 and its two-hundred day moving average is $109.08. The company has a market capitalization of $61.43 billion, a price-to-earnings ratio of 25.90, a price-to-earnings-growth ratio of 0.99 and a beta of 1.03. The company has a current ratio of 2.98, a quick ratio of 2.79 and a debt-to-equity ratio of 0.55. PACCAR has a 52 week low of $84.65 and a 52 week high of $131.88.

PACCAR (NASDAQ:PCAR) last announced its earnings results on Tuesday, January 27th. The company reported $1.06 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.06. PACCAR had a net margin of 8.35% and a return on equity of 13.97%. The company had revenue of $6.82 billion during the quarter, compared to the consensus estimate of $6.06 billion. During the same period in the previous year, the firm posted $1.66 earnings per share. The company’s revenue was down 15.1% on a year-over-year basis.

Insiders Place Their Bets

In related news, VP Paulo Henrique Bolgar sold 12,183 shares of PACCAR stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $122.43, for a total value of $1,491,564.69. Following the sale, the vice president directly owned 6,274 shares in the company, valued at $768,125.82. This trade represents a 66.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO R Preston Feight sold 9,258 shares of PACCAR stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $129.70, for a total value of $1,200,762.60. Following the completion of the transaction, the chief executive officer owned 258,566 shares of the company’s stock, valued at approximately $33,536,010.20. This trade represents a 3.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 133,105 shares of company stock worth $16,869,046 over the last three months. Company insiders own 2.02% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Ares Financial Consulting LLC acquired a new stake in PACCAR in the 4th quarter valued at approximately $27,000. MCF Advisors LLC lifted its stake in shares of PACCAR by 57.5% in the 4th quarter. MCF Advisors LLC now owns 252 shares of the company’s stock valued at $28,000 after purchasing an additional 92 shares during the last quarter. Elyxium Wealth LLC acquired a new position in shares of PACCAR during the 4th quarter worth approximately $30,000. Private Wealth Management Group LLC grew its stake 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 in the last quarter. Finally, Camelot Portfolios LLC purchased a new position in shares of PACCAR in the fourth quarter worth $33,000. 64.90% of the stock is currently owned by institutional investors.

PACCAR Company Profile

PACCAR Inc is a global technology leader in the design, manufacture and customer support of light-, medium- and heavy-duty commercial vehicles. The company’s products are marketed under well-known brand names including Kenworth, Peterbilt and DAF and span vocational and long-haul applications. PACCAR’s core business includes vehicle engineering and assembly as well as the supply of components and proprietary powertrain systems designed to meet regulatory and customer performance requirements.

In addition to truck manufacturing, PACCAR operates a comprehensive aftermarket parts business, distributes used trucks and provides commercial vehicle financing and leasing through its financial services operations.