PACCAR Target of Unusually High Options Trading (PCAR)

PCAR's profit will be $386.77M for 17.62 P/E if the $1.10 EPS becomes a reality. Looking at the stock's movement on the chart, PACCAR Inc recorded a 52-week high of $76.60. (PCAR) declined -0.56% and closed its last trading session at $75.97.

Shares of PACCAR (PCAR) opened at $77.51 on Tuesday. It has outperformed by 3.23% the S&P500. In the last 90 days, insiders have sold 106,598 shares of company stock valued at $7,597,908. Oclaro Inc now has $1.14 billion valuation. Its opening price on the last trading day was $76.4. About 3.96M shares traded. International Business Machines had 121 analyst reports since July 21, 2015 according to SRatingsIntel. It has outperformed by 18.46% the S&P500. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and nine have given a buy rating to the company. Therefore 36% are positive. PACCAR Inc has had 40 insider trades in the last 3 months, including 31 open market buys and 9 sells. The firm has "Hold" rating given on Monday, December 11 by J.P. Morgan. BidaskClub upgraded shares of PACCAR from a "hold" rating to a "buy" rating in a research note on Thursday, December 7th. Oppenheimer maintained it with "Outperform" rating and $85 target in Monday, October 19 report. Of the 12 analysts surveyed by Reuters that track WM 3 of them rate its stock a hold. The firm has "Neutral" rating given on Wednesday, October 25 by Robert W. Baird.

The consensus recommendation - averaging the work of 23 analysts - of 2.6 for PACCAR Inc (PCAR) points to moderate case. Citigroup increased their price target on shares of PACCAR from $78.00 to $81.00 and gave the company a "buy" rating in a research note on Friday, October 13th. LEY ALMA LILY sold $285,704 worth of PACCAR Inc (NASDAQ:PCAR) on Tuesday, October 31. The company has 350.44 Million shares outstanding and 344.23 Million shares were floated in market. $1.63M worth of stock was sold by LeVier Jack K. on Monday, October 30. Thrivent For Lutherans has invested 0% in PACCAR Inc (NASDAQ:PCAR).

Fog advisory issued for Hamilton
Dense patches of fog have been seen around southwestern Ontario this afternoon, the agency said. Fog advisories are issued when visibility is at or near zero due to fog conditions.

PACCAR Inc, together with its subsidiaries, designs, makes, and distributes light, medium, and heavy-duty commercial trucks worldwide. The company was maintained on Wednesday, October 28 by RBC Capital Markets. It operates in three divisions: Truck, Parts, and Financial Services. The stock has "Buy" rating by BMO Capital Markets on Tuesday, September 5. The Truck segment offers trucks that are used for the over-the-road and off-highway hauling of commercial and consumer goods.

Investors sentiment increased to 1.06 in 2017 Q3. The Lower end of the earnings estimate is $0.95, while the higher end of the earnings estimate is $1.2. Cadence Capital Management LLC now owns 10,010 shares of the company's stock valued at $673,000 after buying an additional 97 shares during the period. The insider, MOORE GARY LEE, now holds 20,373 shares of PCAR. Cleararc Capital Inc. boosted its position in shares of PACCAR by 0.9% in the first quarter. (NYSE:V). Condor Capital Mgmt owns 29,223 shares. Heartland Advsrs holds 0.03% or 5,566 shares in its portfolio.

Ranger International Management LP held its stake in shares of PACCAR Inc. PACCAR Inc.'s institutional ownership is 64.5%, while its institutional transactions stand at 0.13%. Sun Life Financial INC now owns 2,598 shares of the company's stock valued at $172,000 after acquiring an additional 2,585 shares in the last quarter. 146,538 were accumulated by Employees Retirement Systems Of Ohio. Jag Capital Mgmt Ltd Liability Corporation stated it has 2.74% of its portfolio in PACCAR Inc (NASDAQ:PCAR). 13,045 were accumulated by Amica Pension Fund Board Of Trustees. Jasper Ridge Prtnrs L P reported 3.12% stake. Victory Capital Management has 0.46% invested in PACCAR Inc (NASDAQ:PCAR). Therefore 0 are positive. The company was maintained on Thursday, August 24 by Needham. Bank of America has "Neutral" rating and $3.60 target. The company was initiated on Friday, May 20 by Argus Research. Bernstein maintained the shares of IBM in report on Tuesday, April 19 with "Market Perform" rating. Stifel Nicolaus upgraded Oclaro, Inc. (NYSE:V) has "Buy" rating given on Friday, July 21 by UBS. On Wednesday, November 4 the stock rating was upgraded by B. Riley & Co to "Buy". The stock of PACCAR Inc (NASDAQ:PCAR) earned "Neutral" rating by JP Morgan on Monday, March 14. Amer Century Cos invested in 0.05% or 718,760 shares. It also upped Westrock Co stake by 497,746 shares and now owns 2.06M shares.

Related:

  • EPS for Nuance Communications, Inc. (NUAN) Expected At $0.14

    Northern Corporation has invested 0.01% in Nuance Communications, Inc . (NASDAQ: NUAN ) on Tuesday, August 8 with "Hold" rating . It is negative, as 42 investors sold SRCL shares while 185 reduced holdings. 32 funds opened positions while 54 raised stakes.

    White House comment line blames Democrats for shutdown

    Even before the official deadline for Congress to keep the government open passed at 12:01 a.m. In the meantime, you can leave a comment for the president at www.whitehouse.gov/contact.

    'SNL' revisits Trump's cognitive test results and asks, 'How broke that brain?'

    Bennett's Jackson then said that it was in his "expert medical opinion" that the President has "a rockin' bod with a ideal amount of cushion for the pushing".
  • Hollywood celebrities come together in support of Women's March

    Hollywood celebrities come together in support of Women's March

    The Democratic former USA first lady tweeted she wants to see "that same power in the voting booth this year". Our voices matter now; I'm so thankful and grateful that they do".
    Google doodle pays tribute to the man behind film montages, Sergei Eisenstein

    Google doodle pays tribute to the man behind film montages, Sergei Eisenstein

    He started taking an interest in theatre and in 1920, he moved to Moscow to begin his career in theatre. The doodle also shows Sergei Eisenstein, holding a film roll and scissors depicting a cut or an edit.
    A DACA Deal Is in the Works, With or Without Trump

    A DACA Deal Is in the Works, With or Without Trump

    In September of a year ago , the Trump administration announced those protections would end in March 2018. And the president, depending on the hour, appears to want to sign it.
  • 'N. Korea's Participation will Contribute to Successful Hosting of Olympics'

    'N. Korea's Participation will Contribute to Successful Hosting of Olympics'

    Later Sunday, wearing a dark winter coat and fur scarf and with half her hair tied to the back, she looked more serious. The North Korean delegation is also to include 24 coaches and officials, plus 21 media representatives.
    Huawei's Honor 9 Lite Offers Quad Cameras For Rs 10999

    Huawei's Honor 9 Lite Offers Quad Cameras For Rs 10999

    The rear horizontally stacked camera sensors are reminiscent of the iPhone 8 Plus and are accompanied by an LED flash. Available exclusively through Flipkart, the smartphone was quick to go out of stock soon after listing at 12 noon.

    Jose Mourinho delighted with Anthony Martial's performance against Burnley

    Every game is a different story so we have to try and get the three points. "It's not like we are playing badly. When asked about the shut-outs, Mourinho said: "We defended well since the beginning of the season".
  • Klopp on Sanchez: I would never sell to a rival mid-season

    Klopp on Sanchez: I would never sell to a rival mid-season

    Carvalhal, 52, moved to Swansea in December, four days after he was sacked by Championship strugglers Sheffield Wednesday. Mike Van Der Hoorn and Renato Sanches are both doubts for this weekend as they battle hamstring injuries.
    U.S.  doughnut-eating champ charged with stealing from Dunkin' Donuts

    U.S. doughnut-eating champ charged with stealing from Dunkin' Donuts

    Turned out, police had been looking for Hardison for nine months in relation to several auto break-ins. The suspect faces charges of felony breaking and entering, felony safe cracking and felony larceny.
    Very Soon. US Could Overtake Saudi Arabia in Oil Production

    Very Soon. US Could Overtake Saudi Arabia in Oil Production

    Traders pointed to reduced USA drilling activity for new production as the main price-driver for crude on Monday. This represented a three-year low and was below the five-year average of about 420mn barrels.

Comments

Latest news

Dolores O'Riordan Laid in Repose Ahead of Her Funeral Tuesday
As is often customary in the Irish Catholic religion, Dolores' body was on display for the public in the open casket repose. A series of tests have been carried out to establish her cause of death but police believe it was non-suspicious.

Mexico posts highest homicide rate in decades
Almost 30,000 people were killed last year, marking the worst year recorded in Mexico, the interior ministry said. They include Guerrero in the south, where tourists have enjoyed the bay of Acapulco, and Veracruz in the east.

Explosion at pork stall in Thailand's market kills 3, wounds 22
It was not immediately clear whether the bomb was placed at the pork stall in a deliberate attempt to target Thai Buddhists.

SYSCO (NYSE:SYY) Raised to Strong-Buy at Zacks Investment Research
Sysco Corporation (NYSE:SYY) had an increase of 6.05% in short interest. 43,638 are owned by Pennsylvania Communication. Nine equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock.

Eden Hazard disagrees with Chelsea's hunt for a forward
Overall, he was involved a lot more consistently throughout the game and caused a whole host of problems for Brighton. Then I don't know if the player decides to take another solution or if he wants to play with regularity.

Meryl Streep recommended an exorcist to Steven Spielberg
It's unbearable and the inevitable Oscar nominations will be enough to have me reaching for a Make America Great baseball cap. Tom Hanks , Meryl Streep , Paul Ignatius, Bradley Whitford , Jesse Plemons and Tracey Letts in The Post .

Salman Khan's Bajrangi Bhaijaan to open across 8000 screens in China
For the uninitiated, Dangal opened in China in May 2017 and it soon became the highest grossing Indian film in China. It stars Salman Khan and Harshaali Malhotra, with Nawazuddin Siddiqui and Kareena Kapoor Khan in supporting roles.

IPL auction 2018: Gambhir, Ashwin part of marquee set
However, no replacement would be provided for the former England vice-captain if he misses the league in between. The players have been distributed across eight categories.

Apple CEO Joins Governor, Mayor For Reno Groundbreaking
Apple did not indicate how much, if any, of its cash it would actually bring back to the United States. Over 100,000 students and teachers have also attended coding classes at Apple retail stores.

Foles, Eagles rout Vikings, will face Patriots in Super Bowl
Nick Foles and the Eagles dominated the Vikings up and down the field Sunday in Philadelphia to set up a Super Bowl XXXIX rematch. Foles hit passes of 11 yards to Jay Ajayi, 36 to tight end Zach Ertz and 13 to Ajayi before Elliott's field goal to end the half.

Dominant New Zealand defeat Pakistan in first T20I
With this win, New Zealand would be hoping to seal the series in the second Twenty20 worldwide at Auckland on January 25. Southee finished with the best New Zealand figures of three for 13 while Seth Rance took three for 26.

First Pic Out! Malayalam actress Bhavana gets married to Producer Naveen
Today is her big day - she is getting married to her longtime boyfriend Naveen , who is a producer in the Kannada film industry. Post the ceremony there will be a get together at the Jawaharlal Nehru convention centre with close friends and family.

TRAI Recommends Allowing Internet, Mobile Services During Air Travel
All traffic onboard should be routed through the satellite gateway, irrespective of the ownership of the satellite. The COAI also opposed regulator's suggestions to use airwaves that are now being used for satellite services.

No. 12 Florida State women beat No. 2 Louisville 50-49
FSU had 20 points off 13 Tech turnovers. "We learned something about how hard we need to defend, and I'm proud of our rebounding". Walker buried a 3-pointer and followed with a layup to push Florida State's advantage to 59-47 with 12:41 to play.

Arsenal switch attention to PSG attacker after failing to lure Malcom
The Gunners were in hot pursuit of Bordeaux's Malcom but Tottenham appear to have taken the initiative on that one. Arsenal are set to compete with Manchester United for a Ligue 1 winger, according to reports .

Other news