Paccar očekává za čtvrtletí zisk na akcii ve výši 1,61 USD, což představuje meziroční nárůst o 43,8 %, a tržby ve výši 7,56 mld. USD, tedy růst o 23,9 %.
Paccar (PCAR - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The earnings report, which is expected to be released on October 27, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis truck maker is expected to post quarterly earnings of $1.61 per share in its upcoming report, which represents a year-over-year change of +43.8%.
Revenues are expected to be $7.56 billion, up 23.9% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.12% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Paccar?For Paccar, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +1.04%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Paccar will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Paccar would post earnings of $1.33 per share when it actually produced earnings of $1.43, delivering a surprise of +7.52%.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Paccar appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Společnost Paccar (PCAR) má před zveřejněním výsledků očekávaným 27. října 2026 ukazatel Earnings ESP na úrovni +1,04 % a rating Zacks #2, což naznačuje možnost dalšího překonání odhadů zisku.
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Paccar (PCAR - Free Report) , which belongs to the Zacks Automotive - Domestic industry, could be a great candidate to consider.
This truck maker has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 4.64%.
For the most recent quarter, Paccar was expected to post earnings of $1.33 per share, but it reported $1.43 per share instead, representing a surprise of 7.52%. For the previous quarter, the consensus estimate was $1.13 per share, while it actually produced $1.15 per share, a surprise of 1.77%.
Price and EPS Surprise
With this earnings history in mind, recent estimates have been moving higher for Paccar. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank.
Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Paccar has an Earnings ESP of +1.04% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #2 (Buy), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on October 27, 2026.
With the Earnings ESP metric, it's important to note that a negative value reduces its predictive power; however, a negative Earnings ESP does not indicate an earnings miss.
Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate.
Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Paccar zakončil poslední seanci na 112,09 USD, což znamenalo pokles o 1,59 % za den a za měsíc oslabení o 11,86 %. Trh čeká zisk na akcii 1,61 USD a tržby 7,54 miliardy USD.
Paccar (PCAR - Free Report) ended the recent trading session at $112.09, demonstrating a -1.59% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.76%. Meanwhile, the Dow experienced a drop of 0.68%, and the technology-dominated Nasdaq saw a decrease of 1.13%.
The truck maker's stock has dropped by 11.86% in the past month, falling short of the Auto-Tires-Trucks sector's loss of 0.22% and the S&P 500's gain of 1.26%.
The upcoming earnings release of Paccar will be of great interest to investors. The company's earnings per share (EPS) are projected to be $1.61, reflecting a 43.75% increase from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $7.54 billion, showing a 23.48% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $5.91 per share and revenue of $28.61 billion, which would represent changes of +17.96% and +9.05%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Paccar. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.34% upward. Paccar presently features a Zacks Rank of #2 (Buy).
With respect to valuation, Paccar is currently being traded at a Forward P/E ratio of 19.28. For comparison, its industry has an average Forward P/E of 16.78, which means Paccar is trading at a premium to the group.
We can also see that PCAR currently has a PEG ratio of 1.3. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Automotive - Domestic industry had an average PEG ratio of 1.01.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 42, putting it in the top 18% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Engineers Gate Manager LP ve 2. čtvrtletí zvýšil svůj podíl v PACCAR o 500,9 % a nakoupil dalších 10 784 akcií. Po nákupu držel 12 937 akcií v hodnotě 1 554 000 USD.
Engineers Gate Manager LP increased its position in shares of PACCAR Inc. (NASDAQ:PCAR – Free Report) by 500.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,937 shares of the company’s stock after buying an additional 10,784 shares during the period. Engineers Gate Manager LP’s holdings in PACCAR were worth $1,554,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ancora Advisors LLC acquired a new stake in PACCAR in the 2nd quarter valued at about $16,286,000. Nomura Asset Management Co. Ltd. increased its position in PACCAR by 2.4% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 413,489 shares of the company’s stock worth $45,281,000 after buying an additional 9,524 shares during the last quarter. Geode Capital Management LLC increased its position in PACCAR by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 12,308,610 shares of the company’s stock worth $1,350,867,000 after buying an additional 50,622 shares during the last quarter. Danica Pension Livsforsikringsaktieselskab bought a new stake in PACCAR in the first quarter valued at approximately $9,273,000. Finally, Mengis Capital Management Inc. raised its stake in PACCAR by 16.1% in the fourth quarter. Mengis Capital Management Inc. now owns 111,486 shares of the company’s stock valued at $12,209,000 after buying an additional 15,440 shares during the period. 64.90% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth Several research analysts have recently commented on PCAR shares. Citigroup lifted their target price on PACCAR from $125.00 to $140.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Morgan Stanley set a $125.00 price target on PACCAR and gave the company an “equal weight” rating in a research note on Friday, September 4th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of PACCAR in a report on Tuesday, August 18th. Royal Bank Of Canada raised shares of PACCAR from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from $130.00 to $150.00 in a research report on Thursday, September 10th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $148.00 price objective on shares of PACCAR in a research report on Wednesday, July 29th. Three equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, PACCAR presently has an average rating of “Hold” and a consensus target price of $133.91.
View Our Latest Research Report on PCAR Insider Buying and Selling at PACCAR In related news, CEO R Feight sold 50,975 shares of the stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $133.07, for a total transaction of $6,783,243.25. Following the sale, the chief executive officer owned 268,625 shares of the company’s stock, valued at $35,745,928.75. This represents a 15.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP William Lance Walters sold 1,000 shares of the firm’s stock in a transaction on Friday, July 31st. The stock was sold at an average price of $133.50, for a total value of $133,500.00. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 56,842 shares of company stock valued at $7,565,677 in the last three months. Corporate insiders own 1.99% of the company’s stock.
PACCAR Stock Down 3.5% PCAR opened at $118.22 on Thursday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 2.90 and a current ratio of 3.12. The stock has a fifty day moving average of $127.88 and a 200-day moving average of $121.57. PACCAR Inc. has a fifty-two week low of $92.25 and a fifty-two week high of $139.24. The company has a market capitalization of $62.23 billion, a P/E ratio of 24.84, a P/E/G ratio of 1.40 and a beta of 0.96.
PACCAR (NASDAQ:PCAR – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.07. PACCAR had a net margin of 9.00% and a return on equity of 12.73%. The business had revenue of $7.55 billion for the quarter, compared to analyst estimates of $7.05 billion. During the same period last year, the firm earned $1.37 earnings per share. PACCAR’s revenue for the quarter was up .5% compared to the same quarter last year. On average, equities analysts expect that PACCAR Inc. will post 5.91 EPS for the current year.
PACCAR Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 12th were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Wednesday, August 12th. This represents a $1.40 annualized dividend and a dividend yield of 1.2%. PACCAR’s dividend payout ratio (DPR) is currently 29.41%.
PACCAR Company Profile (Free Report)
PACCAR Inc is a global manufacturer of heavy-duty, medium-duty and light-duty trucks. Through its Kenworth, Peterbilt and DAF brands, the company serves the over-the-road, vocational and construction markets, offering vehicles designed for freight transportation and other commercial applications.
In addition to truck manufacturing, PACCAR operates PACCAR Parts, which distributes replacement parts and related services through a global network. The company also provides truck financing and leasing through PACCAR Financial, supporting customers and dealers in several major markets.
PACCAR traces its history to 1905 and has grown from a regional equipment manufacturer into an international transportation company.
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Paccar za měsíc od poslední výsledkové zprávy oslabil asi o 3,5 %. Firma přitom ve 2. čtvrtletí překonala odhady EPS 1,43 USD na akcii a tržbami 7,55 miliardy USD.
A month has gone by since the last earnings report for Paccar (PCAR - Free Report) . Shares have lost about 3.5% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is Paccar due for a breakout? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent drivers for PACCAR Inc. before we dive into how investors and analysts have reacted as of late.
PCAR Q2 Earnings Surpass Estimates PACCAR reported second-quarter 2026 earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.33 by 7.5%. The bottom line increased 4.4% from $1.37 in the year-ago quarter.
Consolidated revenues (including trucks and financial services) were $7.55 billion, up from $7.1 billion in the corresponding quarter of 2025.
Truck, Parts and Other revenues of $7 rose 0.5% year over year. Higher truck profitability and record parts revenues supported results, while global truck deliveries declined 1.5% to 38,700 units.
Revenue Mix Favors Truck SalesTruck revenues were $5.25 billion in the quarter, edging up from $5.24 billion a year earlier. Parts revenues increased 1.5% to a record $1.75 billion, reflecting continued strength in the aftermarket business.
Financial Services revenues were $549.7 million compared with $547.7 million in the prior-year quarter. Intersegment eliminations and other were $3 million.
Geographically, revenues from the United States and Canada declined 3.3% to $4.59 billion. European revenues advanced 6.9% to $1.79 billion, while revenues from other markets climbed 7.3% to $1.17 billion.
Truck Profit Despite Lower DeliveriesTruck pretax profit rose 16.7% year over year to $360.5 million from $308.8 million.
North American deliveries fell to 22,000 units from 23,000. Europe improved to 11,200 units from 10,600, while other markets declined to 5,500 units from 5,700.
The higher second-quarter build rates were attributable to strong orders and improving freight rates. PACCAR expects constrained freight capacity and an aging fleet to create opportunities for customers to replace trucks with newer, more fuel-efficient models.
PCAR Parts Delivers Record Quarterly RevenuesPACCAR Parts generated pretax income of $417 million compared with $416.5 million a year ago. The modest profit increase came alongside record quarterly revenues and continued investment in distribution and logistics capabilities.
The company expects improving North American freight conditions to support truck utilization and parts demand. Its parts network includes 21 distribution centers serving more than 2,000 DAF, Kenworth and Peterbilt locations and over 350 TRP stores.
First-half parts revenues increased to $3.46 billion from $3.41 billion. Pretax profit for the six-month period declined to $819.3 million from $843 million.
PACCAR Financial Services Holds Profit SteadyFinancial Services pretax income was $124.1 million compared with $123.2 million in the year-ago quarter. Provision for losses on receivables increased to $39.4 million from $29.2 million, partly offsetting steady finance margins and an improving used-truck market.
The business ended the quarter with a portfolio of 222,000 trucks and trailers and $22.3 billion in total assets. PacLease’s fleet stood at 37,000 vehicles, and the segment issued $1.38 billion of medium-term notes during the first half.
First-half Financial Services pretax income declined to $239.6 million from $244.3 million. Revenues increased to $1.09 billion from $1.08 billion over the same period.
Costs and Cash Flow Remain in FocusWithin Truck, Parts and Other, cost of sales and revenues declined to $5.99 billion from $6 billion. Research and development expenses rose to $114.3 million from $112.9 million, while selling, general and administrative expense eased to $138.6 million from $139.2 million.
PACCAR generated $700.8 million in operating cash flow during the quarter. For the first half, operating cash flow was $1.67 billion, while capital investments and research and development expenses totaled $274.2 million and $223.4 million, respectively.
Cash and marketable securities were $8.67 billion as of June 30, 2026, compared with $9.25 billion at Dec. 31, 2025.
2026 ExpectationsThe company maintained its 2026 U.S. and Canada Class 8 industry retail sales forecast at 230,000-270,000 trucks. It expects European above 16-tonne registrations of 290,000-330,000 units, up from the previous estimate of 280,000-320,000.
The South American above 16-tonne market remains projected at 100,000-110,000 trucks. For 2026, capital expenditures are now expected between $700 million and $750 million, down from the previous estimate of $725-$775 million. Research and development expenses are now projected to be in the band of $450-$480 million compared with the previous estimate of $450-$500 million.
PACCAR expects to deliver approximately 42,000 trucks in the third quarter, up from 38,700 units in the second-quarter.
How Have Estimates Been Moving Since Then?It turns out, estimates revision have trended upward during the past month.
The consensus estimate has shifted 5.75% due to these changes.
VGM ScoresAt this time, Paccar has a subpar Growth Score of D, however its Momentum Score is doing a bit better with a C. Charting a somewhat similar path, the stock has a grade of B on the value side, putting it in the second quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Paccar has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
First National Bank of Mount Dora Trust Investment Services v 1. čtvrtletí snížila podíl v PACCAR o 69,7 % na 2 309 akcií. PACCAR zároveň oznámila čtvrtletní dividendu 0,35 USD na akcii.
First National Bank of Mount Dora Trust Investment Services decreased its holdings in shares of PACCAR Inc. (NASDAQ:PCAR – Free Report) by 69.7% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,309 shares of the company’s stock after selling 5,304 shares during the period. First National Bank of Mount Dora Trust Investment Services’ holdings in PACCAR were worth $267,000 as of its most recent SEC filing.
A number of other hedge funds have also recently made changes to their positions in PCAR. Norges Bank bought a new position in PACCAR during the 4th quarter valued at approximately $727,745,000. Wellington Management Group LLP grew its stake in shares of PACCAR by 18.6% in the fourth quarter. Wellington Management Group LLP now owns 22,977,556 shares of the company’s stock worth $2,516,272,000 after acquiring an additional 3,597,283 shares during the last quarter. UBS Group AG increased its holdings in shares of PACCAR by 74.4% during the fourth quarter. UBS Group AG now owns 4,548,861 shares of the company’s stock valued at $498,146,000 after acquiring an additional 1,940,260 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of PACCAR by 129.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,275,921 shares of the company’s stock valued at $249,237,000 after acquiring an additional 1,286,056 shares in the last quarter. Finally, Focus Partners Wealth raised its position in shares of PACCAR by 17,292.6% in the 4th quarter. Focus Partners Wealth now owns 1,202,700 shares of the company’s stock worth $131,725,000 after purchasing an additional 1,195,785 shares during the last quarter. 64.90% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades Several brokerages recently commented on PCAR. Sanford C. Bernstein reissued an “outperform” rating and set a $148.00 price objective on shares of PACCAR in a research report on Wednesday. Morgan Stanley set a $119.00 target price on shares of PACCAR in a report on Wednesday. Citigroup increased their price target on shares of PACCAR from $125.00 to $140.00 and gave the company a “neutral” rating in a report on Thursday. Evercore set a $139.00 price target on shares of PACCAR in a research report on Monday, May 11th. Finally, Wells Fargo & Company boosted their price objective on shares of PACCAR from $125.00 to $157.00 and gave the stock an “equal weight” rating in a report on Thursday. Three investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $131.70.
Read Our Latest Analysis on PCAR
PACCAR Stock Performance Shares of PCAR stock opened at $132.68 on Monday. The company has a quick ratio of 2.90, a current ratio of 3.12 and a debt-to-equity ratio of 0.49. The company has a 50 day moving average price of $121.41 and a 200-day moving average price of $120.88. PACCAR Inc. has a 52 week low of $92.25 and a 52 week high of $139.24. The firm has a market capitalization of $69.84 billion, a PE ratio of 27.87, a P/E/G ratio of 1.06 and a beta of 0.97.
PACCAR (NASDAQ:PCAR – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.07. PACCAR had a net margin of 9.00% and a return on equity of 12.73%. The company had revenue of $7.55 billion for the quarter, compared to the consensus estimate of $7.05 billion. During the same quarter in the prior year, the firm earned $1.37 earnings per share. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. As a group, equities research analysts expect that PACCAR Inc. will post 5.78 earnings per share for the current year.
PACCAR Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 12th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Wednesday, August 12th. PACCAR’s dividend payout ratio (DPR) is 29.41%.
More PACCAR News Here are the key news stories impacting PACCAR this week:
Positive Sentiment: JPMorgan raised its price target to $164, signaling confidence that PACCAR’s earnings outlook supports additional appreciation. JPMorgan Chase & Co. Increases PACCAR Price Target to $164.00 Positive Sentiment: Recent Q2 coverage highlighted margin gains and record parts revenue, which strengthen the company’s profitability story and helped drive the previous session’s rally. Why PACCAR Is Up After Q2 Margin Gains and Record Parts Revenue Positive Sentiment: Wells Fargo lifted its price target from $125 to $157 while retaining an Equal Weight rating, suggesting analysts see meaningful value even without an outright bullish recommendation. Wells Fargo Raises PACCAR Price Target Positive Sentiment: Comparative Zacks coverage is evaluating PACCAR favorably against automotive and truck-sector alternatives, including Tesla and Yamaha Motor, which may support investor interest in PCAR as a value-oriented industrial stock. PCAR vs. TSLA: Which Stock Should Value Investors Buy Now? Neutral Sentiment: Citigroup raised its target from $125 to $140 but kept a Neutral rating, while the broader analyst consensus remains Hold. This reflects improved expectations but limited conviction at current levels. Citigroup Issues Positive Forecast for PACCAR Negative Sentiment: With PCAR trading near its 12-month high and at roughly 28 times earnings, some investors may be taking profits or questioning whether the strong Q2-related gains are already reflected in the stock. About PACCAR (Free Report)
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.
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PACCAR ve 2. čtvrtletí zvýšil tržby na 7,5 miliardy USD a čistý zisk na 752 milionů USD díky silnější výrobě nákladních vozů. Firma čeká ve 3. čtvrtletí dodávky kolem 42 000 kusů.
The USMCA Review Is Coming: 3 Border-Sensitive Stocks to WatchPACCAR NASDAQ: PCAR reported second-quarter revenue of $7.5 billion and net income of $752 million, up 24% from the first quarter, as higher truck production and favorable operating conditions supported its truck division.
Chief Executive Officer Preston Feight said the company increased factory build rates globally during the quarter. Truck deliveries rose to 38,700 units from 33,000 in the prior quarter, and PACCAR expects third-quarter deliveries of about 42,000 units, with higher production partly offset by the typical European summer shutdown period.
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3 Big-Name Stocks Just Announced Big-Time Dividend Increases“These results were driven by strong truck division performance,” Feight said, while PACCAR Parts reached record quarterly revenue and PACCAR Financial Services benefited from steady finance margins and improving used-truck markets.
Parts and financial businesses post strong results PACCAR Parts reported record second-quarter revenue of $1.75 billion and pretax income of $417 million. Its gross margin rose to 29.8%, according to President Kevin Baney.
This Autonomous Vehicle Stock Doubled in June and May Do It AgainBaney said increased truck utilization is beginning to generate more parts and service activity. Revenue from the company’s Fleet Services program increased 8% in the quarter, which he described as an indication that customers are increasing parts purchases. PACCAR expects full-year parts sales growth of 3% to 5%, with growth accelerating in the second half and trending toward the higher end of that range.
PACCAR Financial Services generated pretax income of $124 million. Baney attributed the performance to stable finance margins and strengthening conditions in used-truck markets.
Truck market outlook improves Management said the U.S. and Canadian heavy-truck market is strengthening as freight rates increase and the regulatory environment becomes clearer. PACCAR estimated first-half retail sales in the market at 105,000 trucks and projected approximately 145,000 retail sales in the second half, implying a full-year market of roughly 250,000 units.
Feight said spot freight rates were up about 20% and contract rates had increased 6.5%, helping improve customer operating conditions. He also said customers have deferred capital spending and kept trucks in service longer amid difficult operating conditions in recent years, but are now beginning to return to more normal replacement cycles.
For Europe, PACCAR forecast a 2026 market for trucks above 16 tons of about 310,000 vehicles. The company expects the South American market for trucks above 16 tons to range from 100,000 to 110,000 vehicles this year.
Margins supported by production, costs and tariffs PACCAR’s truck, parts and other gross margin increased to 14.4% in the second quarter from 13.1% in the prior quarter. The company forecast a third-quarter margin of about 14.5%, followed by a further increase in the fourth quarter.
Feight attributed the stronger second-quarter margin to higher truck volume, local-for-local manufacturing, cost controls and favorable pricing relative to costs. He said local production also provided tariff benefits. Management said there was a modest benefit related to International Emergency Economic Powers Act tariffs in the second quarter that should continue into the third quarter, while the broader tariff effect looking ahead is tied to Section 232 tariffs.
Third-quarter margin progression is expected to be moderated by a larger truck mix relative to parts, as well as a shift toward more fleet trucks and fewer vocational trucks, Feight said. Management nevertheless expects profit to increase as production rises.
EPA proposal could reshape 2027 purchasing Management also discussed the Environmental Protection Agency’s July proposal clarifying the timeline for 35-milligram nitrogen oxide engines. Under the proposal, customers could purchase current-generation engines next year while paying a non-conformance fee, allowing manufacturers and customers more time to validate the new technology.
Feight said the proposed non-conformance fee would be in the range of $6,000 to $7,000 per truck, while the cost of a fully compliant 35-milligram engine would likely be higher. PACCAR plans to offer its current engine product to customers while gradually introducing the new engines during the year, subject to the rule’s final form.
The company said the fee would be passed through to the government rather than retained by PACCAR, and therefore should not affect margins. Feight said the regulatory approach could smooth the anticipated pre-buy dynamic and support a healthy truck market in 2027.
PACCAR expects capital investments of $700 million to $750 million in 2026 and research and development spending of $450 million to $480 million. The investments include flexible manufacturing, clean diesel engine development, hybrid and electric powertrains, and connected vehicle services.
About PACCAR (NASDAQ:PCAR)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.
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Paccar (PCAR - Free Report) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.37 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +7.52%. A quarter ago, it was expected that this truck maker would post earnings of $1.13 per share when it actually produced earnings of $1.15, delivering a surprise of +1.77%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Paccar, which belongs to the Zacks Automotive - Domestic industry, posted revenues of $7 billion for the quarter ended June 2026, missing the Zacks Consensus Estimate by 1.49%. This compares to year-ago revenues of $6.96 billion. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Paccar shares have added about 21.9% since the beginning of the year versus the S&P 500's gain of 8.3%.
What's Next for Paccar?While Paccar has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Paccar was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.52 on $7.14 billion in revenues for the coming quarter and $5.66 on $27.98 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Automotive - Domestic is currently in the top 33% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Aebi Schmidt Holding AG (AEBI - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 13.
This company is expected to post quarterly earnings of $0.13 per share in its upcoming report, which represents a year-over-year change of +316.7%. The consensus EPS estimate for the quarter has been revised 15.8% higher over the last 30 days to the current level.
Aebi Schmidt Holding AG's revenues are expected to be $468.4 million, up 68.7% from the year-ago quarter.
Wall Street expects a year-over-year decline in earnings on higher revenues when Paccar (PCAR - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 28. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis truck maker is expected to post quarterly earnings of $1.34 per share in its upcoming report, which represents a year-over-year change of -2.2%.
Revenues are expected to be $7.11 billion, up 2.1% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 2.56% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Paccar?For Paccar, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.45%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Paccar will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Paccar would post earnings of $1.13 per share when it actually produced earnings of $1.15, delivering a surprise of +1.77%.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Paccar doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
