Comments for PCAR - Stockpickr! Your Source for Stock Ideas

Comments for PCAR

Added By	Comments	Type	Date Added
Stockpickr Staff	Cramer was bullish on Paccar in his July 13 "Lightning Round."	Love	July 14, 2009
barrons3	Another venerable company making a hefty payout reduction last week was Paccar (PCAR). One of the world's largest big-rig truck manufacturers, Paccar on Tuesday sliced its quarterly in half, to nine cents a share, for an annual savings of roughly $130 million. The 104-year-old Bellevue, Wash., company, whose premium global truck brands include Peterbilt, Kenworth and DAF, was quick to point out that it has earned a net profit for 70 consecutive years and has paid a dividend every year since 1941. CEO Mark Pigott called the payout cut "a prudent business measure in response to the global challenges affecting all industries." He added that the reduction will "enhance Paccar's strong balance sheet and liquidity" and allow it to invest in such projects as new truck models, factory productivity and aftermarket distribution centers. Pigott noted that Paccar has increased its quarterly by 200% since 1998. It had been in the habit, too, of paying a bonus dividend every year since the mid-1990s, although last year's was only 10% of 2007's $1 a share. JPMorgan Securities thinks Paccar will continue to keep $2 billion to $2.5 billion of manufacturing cash on its balance sheet, as it has since 2005. The firm believes "the trough of the U.S. economic cycle is upon us...though a recovery in truck orders will likely lag a recovery in industrial production and freight demand by about two quarters."	Love	July 11, 2009
donald smith	recommended	Love	July 03, 2009
Stockpickr Staff	""I would go back to the accidental yielders like Emerson (EMR) and Honeywell (HON), and I would look to build Paccar (PCAR) on some truck numbers that should be favorable next week." <a href="http://jimcramer.rmblogs.thestreet.com/entry.aspx?q=27edc152-3aac-4d3e-940f-9c3800c5daa7#" target="_blank">"The Post-Mark-Up Could Sting Industrials," 6-30-09</a>	Love	July 01, 2009
sarah z	From a recent Mad Money show:"A very industrial company and that world is going down every day. I want you to be careful."	Love	February 23, 2009
barrons3	One of the world's largest big-rig truck manufacturers, Paccar , declared a special 10-cent-a-share dividend Tuesday, along with its regular 18-cent quarterly payout. The company has paid 15 bonus dividends since the mid-1990s. However, the latest is only 10% of last year's $1. In addition, Paccar (PCAR), which has handed out dividends without interruption since 1943, had hiked regular payouts an average of 20% annually in the 10 years through 2007. CEO Mark C. Pigott said in a statement that the extra dividend reflects Paccar's good performance, "yet also recognizes the very difficult global truck markets experienced in the fourth quarter of 2008 and projected into 2009." The 103-year-old Bellevue, Wash., company's premium global truck brands include Peterbilt, Kenworth and DAF. The distribution, record and ex dates for the special payout are Jan. 5, Dec. 19 and Dec. 17. The regular dividend goes out in March.	Love	December 13, 2008
barrons3	Paccar , the maker of highly regarded Peterbilt and Kenworth trucks, is down almost 50% this year to 28 and now trades for eight times estimated '08 earnings. Paccar has a great balance sheet with about $6 a share in net cash. One of the risks with Paccar and makers of construction and farm equipment is their finance subsidiaries. Paccar had $9 billion of finance receivables at the end of the second quarter and analysts worry about a recession's impact and declining truck values. Equipment makers also could get squeezed as their finance subsidiaries raise loan rates to reflect higher funding costs.	Love	October 11, 2008
barrons2	Meanwhile, we have so little actual industry in the Nazz: Paccar (PCAR), Joy Global (JOYG), Steel Dynamics (STLD). It is almost as if they have to do all the real lifting because tech can't work.	Love	April 03, 2008
petewain	What can I say. I like trucks and this too was undervalued.	Love	March 12, 2008
elbowman	Great company, many happy returns	Love	January 02, 2008
Peter Christoffersen	Great Company!!	Love	December 07, 2007
sarah z	Truck builder Paccar Inc., of Bellevue, said last week its board of directors authorized a $300 million stock repurchase plan. The company also recently reported third-quarter net income of $302.3 million, or 81 cents per diluted share, which is down from net income of $403.6 million, or $1.07 per share a year earlier but above analysts' estimates. The stock trades for 7.5x cash flow.	Love	November 07, 2007
Jason R	PACCAR announced its Board approved the buyback of $300 million of its stock. PACCAR has invested $978 million to repurchase 27.4 million shares. PACCAR Inc has two principal industry segments: design, manufacture and distribution of light, medium and heavy-duty trucks, and related aftermarket distribution of parts (Trucks), and finance and leasing services provided to customers and dealers (Financial Services).	Love	October 30, 2007
Jason R	During the third quarter of 2007, PACCAR invested $249.7 million to repurchase 4.58 million of its common shares (adjusted for the recent 50 percent stock dividend). These purchases complete the $300 million share repurchase authorization from its Board of Directors. PACCAR has invested $978 million to repurchase 27.4 million common shares in the last three years. “The share repurchase programs reinforce the fact that PACCAR is an excellent long-term investment,” said Mike Tembreull, vice chairman. The company’s stock, including reinvested dividends, has outperformed the S&P 500 Index for the previous one-, three-, five- and ten-year time periods.	Love	October 25, 2007
High Dividends	8% 14.68 1.48	Love	September 17, 2007
barrons2	"Last week with another dividend boost and also a 3-for-2 stock split was Paccar (PCAR), the world's second-largest big-rig truck manufacturer after DaimlerChrysler's Freightliner subsidiary. The new shares resulting from the split will be distributed Oct. 9 to investors on the books Sept. 25. The ex-date is Oct. 10. Then, on Dec. 5, holders of record Nov. 19 will receive a quarterly common payout of a post-split 18 cents a share, up from an adjusted 16.7 cents. Ex-date: Nov. 15."	Love	September 15, 2007
Jerry-39	Excellant performance over last 2 years Excellant management Excellant growth & Yield	Love	August 24, 2007
yalinsun	Good company	Love	August 23, 2007
jaucone	On a tear, but keeping an eye on OSK as well.	Love	August 08, 2007
supratrade	STRONG BUY Price target: 85.50	Love	July 21, 2007
yimingch	Good Company, Will Earn Money from Developing Companies	Love	July 18, 2007
skinnyb35	Recommended 7/9/07 at 93.50 close.	Love	July 11, 2007
SUMMERWINDD	SOLID FUNDAMENTALS	Love	June 08, 2007
jchapple	industrial	Love	May 29, 2007
scottpulver	down market for the next 6 months. Feel it is overvalued by 16-18 dollars. shorted 1200 shares at 88.	Love	May 29, 2007
jasnon	liked it, but way overvalued now	Hate	May 19, 2007
pustizzi	Great company, but the stock seems to have gotten way ahead of itself in this uncertain economic environment	Hate	May 16, 2007
Barrons	"Paccar makes light, medium and heavy-duty trucks and engines and sells them around the world. Like Terex, Paccar's cash flow has been boosted by global growth. In addition to strong sales growth -- revenue jumped 17% to $16.5 billion last year -- Paccar built up its cash flow by increasing inventory turns 400% and cutting expenses as a percentage of sales by 60% in the past decade, notes its chairman and CEO, Mark Pigott. More recently, it has accelerated the design process for new products so that new rigs come to market in two to three years instead of five years, he says...Paccar can operate with relatively little working capital, freeing up cash for other things, he says. That has contributed to above-average returns and operating margins, he adds...Paccar managed to beat estimates handily in the first quarter, raising dividends in the process to 25 cents a share per quarter. The U.S. represents a not-insignificant 40% of Paccar's business, but the company has a long track record of outperforming and is likely to keep doing so, as long as the global economy stays strong."	Love	May 12, 2007
lknox	good transportation	Love	May 08, 2007
wwwwwww	best of breed	Love	May 08, 2007