PACCAR Inc (PCAR) Analysts See $0.98 EPS

July 17, 2017 - By Marguerite Chambers

 PACCAR Inc (PCAR) Analysts See $0.98 EPS
Investors sentiment decreased to 0.93 in 2016 Q4. Its down 0.13, from 1.06 in 2016Q3. It fall, as 42 investors sold PACCAR Inc shares while 178 reduced holdings. 64 funds opened positions while 140 raised stakes. 210.22 million shares or 1.97% more from 206.16 million shares in 2016Q3 were reported.
Sei Invs holds 0.04% or 131,835 shares. Eaton Vance, a Massachusetts-based fund reported 377,068 shares. Independent Port Consultants owns 54 shares or 0% of their US portfolio. Illinois-based Northern has invested 0.08% in PACCAR Inc (NASDAQ:PCAR). Kelly Lawrence W & Associate Ca reported 5,850 shares stake. Verition Fund Mngmt reported 0.05% of its portfolio in PACCAR Inc (NASDAQ:PCAR). Asset Inc has 0.18% invested in PACCAR Inc (NASDAQ:PCAR). First Republic Mngmt holds 24,208 shares. Perella Weinberg Prns Mngmt L P has 0.29% invested in PACCAR Inc (NASDAQ:PCAR) for 17,721 shares. Blackrock Lc reported 0.02% in PACCAR Inc (NASDAQ:PCAR). Nicholas Prtnrs L P owns 54,869 shares or 0.27% of their US portfolio. Henderson Gp Plc holds 0.02% or 45,413 shares in its portfolio. The Illinois-based Archford Strategies Lc has invested 0.26% in PACCAR Inc (NASDAQ:PCAR). Point72 Asia (Hong Kong) invested 0.01% in PACCAR Inc (NASDAQ:PCAR). Parametric Port Assoc Lc reported 0.07% stake.

Since February 3, 2017, it had 0 insider purchases, and 7 selling transactions for $6.18 million activity. Another trade for 904 shares valued at $60,921 was made by LEY ALMA LILY on Wednesday, May 3. Shares for $609,243 were sold by BARKLEY MICHAEL T on Tuesday, February 7. Shares for $1.55M were sold by Moore Gary Lee. $2.14M worth of PACCAR Inc (NASDAQ:PCAR) was sold by ARMSTRONG RONALD E. 20,472 shares valued at $1.40M were sold by Bengston Robert A. on Thursday, February 9. SCHIPPERS HARRIE sold $364,846 worth of stock.

Wall Street await PACCAR Inc (NASDAQ:PCAR) to release earnings on July, 25. Analysts forecast earnings per share of $0.98, down exactly $0.08 or 7.55 % from 2014’s $1.06 EPS. The expected PCAR’s profit could reach $346.31 million giving the stock 17.48 P/E in the case that $0.98 earnings per share is reported. After posting $0.88 EPS for the previous quarter, PACCAR Inc’s analysts now forecast 11.36 % EPS growth. About 719,670 shares traded. PACCAR Inc (NASDAQ:PCAR) has risen 19.93% since July 17, 2016 and is uptrending. It has outperformed by 3.23% the S&P500.

PACCAR Inc (NASDAQ:PCAR) Ratings Coverage

Among 20 analysts covering Paccar Inc (NASDAQ:PCAR), 8 have Buy rating, 1 Sell and 11 Hold. Therefore 40% are positive. Paccar Inc had 55 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Outperform” rating by RBC Capital Markets on Wednesday, October 28. As per Thursday, January 19, the company rating was upgraded by Longbow. The stock of PACCAR Inc (NASDAQ:PCAR) earned “Neutral” rating by JP Morgan on Friday, December 9. The company was maintained on Wednesday, October 12 by Barclays Capital. The firm has “Sector Perform” rating given on Monday, November 30 by RBC Capital Markets. Jefferies maintained the stock with “Buy” rating in Wednesday, July 5 report. The stock of PACCAR Inc (NASDAQ:PCAR) has “Overweight” rating given on Wednesday, August 26 by Piper Jaffray. The stock of PACCAR Inc (NASDAQ:PCAR) has “Neutral” rating given on Friday, October 9 by JP Morgan. The firm has “Buy” rating given on Tuesday, June 6 by UBS. The rating was upgraded by RBC Capital Markets on Friday, January 13 to “Outperform”.

PACCAR Inc is a technology company. The company has market cap of $24.21 billion. The Company’s divisions include Truck, Parts and Financial Services. It has a 16.9 P/E ratio. The Truck segment includes the design, manufacture and distribution of light-, medium- and heavy-duty commercial trucks.

Another recent and important PACCAR Inc (NASDAQ:PCAR) news was published by Prnewswire.com which published an article titled: “PACCAR Inc Profile of a Leading Global Truck Manufacturer” on June 21, 2017.

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