Media headlines about PACCAR (NASDAQ:PCAR) have been trending somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. PACCAR earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.0553357799437 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Deutsche Bank Downgrades PACCAR (PCAR) to Sell (americanbankingnews.com)
- Worth Watching Stocks: Genworth Financial, Inc. (NYSE:GNW), PACCAR Inc. (NASDAQ:PCAR) – The Oracle Examiner (oracleexaminer.com)
- Varying Stocks: PACCAR Inc, (NASDAQ: PCAR), Kinross Gold Corporation, (NYSE: KGC) – Global Export Lines (press release) (globalexportlines.com)
- Uncover the Technical data on PACCAR Inc (PCAR) – Wall Street Morning (wallstreetmorning.com)
- Sensational stocks: PACCAR Inc, (NASDAQ: PCAR), Lockheed Martin Corporation, (NYSE: LMT); – TNN (tradingnewsnow.com)
PACCAR stock traded down $1.59 on Monday, reaching $66.15. 2,542,391 shares of the company traded hands, compared to its average volume of 2,873,487. The company has a market cap of $23,850.28, a P/E ratio of 13.93, a PEG ratio of 1.30 and a beta of 1.21. PACCAR has a 52 week low of $61.93 and a 52 week high of $79.69. The company has a debt-to-equity ratio of 0.74, a quick ratio of 2.34 and a current ratio of 2.49.
Several research firms have commented on PCAR. Bank of America upgraded shares of PACCAR from a “neutral” rating to a “buy” rating and set a $70.00 price objective for the company in a research note on Tuesday, January 2nd. Deutsche Bank downgraded shares of PACCAR from a “hold” rating to a “sell” rating and set a $77.00 target price for the company. in a research report on Monday. Wells Fargo increased their target price on shares of PACCAR from $75.00 to $80.00 and gave the company a “market perform” rating in a research report on Thursday, January 18th. Longbow Research raised shares of PACCAR from a “neutral” rating to a “buy” rating and set a $85.00 target price for the company in a research report on Tuesday, March 6th. Finally, BidaskClub raised shares of PACCAR from a “hold” rating to a “buy” rating in a research report on Thursday, December 7th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. PACCAR currently has a consensus rating of “Hold” and a consensus price target of $76.24.
In related news, VP Marco A. Davila acquired 570 shares of the stock in a transaction dated Friday, February 16th. The shares were purchased at an average price of $69.05 per share, for a total transaction of $39,358.50. Following the transaction, the vice president now owns 7,536 shares in the company, valued at approximately $520,360.80. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 2.64% of the company’s stock.
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.
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