ROA ratio indicates how profitable a company is relative to its total assets.
19 analysts on average are expecting PACCAR Inc.to report earnings of $1.02 per share for the current quarter. IFP Advisors Inc lifted its position in shares of PACCAR by 91.1% in the 2nd quarter.
As of the end of the quarter Midwest Investment Management LLC had sold 519 shares trimming its position 2.1%. The Bank Hapoalim Bm holds 27,300 shares with $1.45 million value, down from 65,650 last quarter. The total value of its holdings increased 63.6%. Comparatively, PCAR posted earnings of $0.9 per share in the same quarter, a year earlier. Teacher Retirement System of Texas increased its holdings in shares of PACCAR by 1.2% in the second quarter. During the last 52 weeks, the price has been as high as $30.69 and as low as $16.75.
A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company.
UBS AG reaffirmed their buy rating on shares of PACCAR Inc.
Another recent and important PACCAR Inc (NASDAQ:PCAR) news was published by Gurufocus.com which published an article titled: "Jag Capital Management, Llc Buys PACCAR Inc, Thor Industries Inc, Quintiles ..." on October 16, 2017. The institutional investor owned 173,866 shares of the company's stock after purchasing an additional 45,000 shares during the period. First Washington Corp acquired 45,000 shares as Paccar Inc (PCAR)'s stock declined 8.74%.
First Washington Corp increased Paccar Inc (PCAR) stake by 34.92% reported in 2017Q2 SEC filing.
In other news, insider T. Kyle Quinn sold 2,786 shares of PACCAR stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $67.89, for a total transaction of $189,141.54. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
PACCAR Inc is a technology company. (NASDAQ:PCAR) traded up 1.499% during midday trading on Tuesday, reaching $68.715.
The company is trading down since yesterday's close of 72.71.
Shares are trading at $72.70 slightly over the 50 day moving average of $70.23 and just above the 200 day moving average of $66.77. The stock's market capitalization is 25.55B, it has a 52-week low of 53.38 and a 52-week high of 74.79.
Analysts' ultimate objective when projecting revenue is to determine the appropriate value for a stock.
PACCAR (NASDAQ:PCAR) last released its quarterly earnings results on Tuesday, July 25th. The company reported $1.06 EPS for the quarter, beating the Zacks' consensus estimate of $0.99 by $0.07.
PACCAR Inc. (PCAR) now has a Return on Assets (ROA) value of 6.2 Percent. The business had revenue of $4.40 billion during the quarter, compared to analysts' expectations of $4.29 billion. Trailing twelve months period, return on assets ratio of the Company was 6.20% and return on equity ratio was 18.60% while its return on investment ratio was 3.10%. On average, equities analysts anticipate that PACCAR will post $4.02 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 6th. This dividend amount represented a yield of $1.36. The ex-dividend date was Monday the 14th of August 2017. PACCAR's dividend payout ratio is now 26.74%.
Several equities analysts have recently commented on the company.
On October 13 Citigroup held the stock rating at "Buy" and moved up the price target to $81.00 from $78.00.
10/04/2017 - PACCAR Inc. was upgraded to "overweight" by analysts at JP Morgan. Waddell Reed Financial holds 0.58% or 3.96 million shares in its portfolio. Baird reiterated a hold rating and issued a $80.00 target price on shares of PACCAR in a research report on Thursday, October 12th. On Tuesday, October 20 the stock rating was downgraded by UBS to "Neutral". BidaskClub cut shares of PACCAR from a "sell" rating to a "strong sell" rating in a report on Saturday, June 24th. A 6 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NYSE:ARNC) or, if they already own its stock, sell it. They now have a $82.00 target price on the stock, up from their previous target price of $76.00.