Shares of Harley-Davidson Inc (NYSE:HOG) have received an average recommendation of “Hold” from the twenty-five analysts that are covering the company. Two investment analysts have rated the stock with a sell recommendation, seventeen have assigned a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $ 56.67.
HOG has been the subject of a number of research reports. Tigress Financial restated a “buy” rating on shares of Harley-Davidson in a research report on Friday, March 17th. Longbow Research upgraded shares of Harley-Davidson from an “underperform” rating to a “neutral” rating in a research report on Wednesday, March 15th. Stifel Nicolaus restated a “hold” rating and set a $ 63.00 target price (up previously from $ 58.00) on shares of Harley-Davidson in a research report on Friday, April 14th. Morgan Stanley restated an “overweight” rating and set a $ 59.00 target price (down previously from $ 61.00) on shares of Harley-Davidson in a research report on Wednesday, February 1st. Finally, Wedbush reiterated a “hold” rating and set a $ 53.00 price target (up from $ 48.00) on shares of Harley-Davidson in a report on Friday, January 13th.
In other Harley-Davidson news, VP Joanne M. Bischmann sold 911 shares of the stock in a transaction on Tuesday, February 7th. The shares were sold at an average price of $ 57.00, for a total transaction of $ 51,927.00. Following the sale, the vice president now directly owns 2,195 shares of the company’s stock, valued at $ 125,115. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Donald A. James sold 100,000 shares of the company’s stock in a transaction dated Friday, February 10th. The stock was sold at an average price of $ 56.88, for a total transaction of $ 5,688,000.00. Following the transaction, the director now owns 5,523 shares of the company’s stock, valued at approximately $ 314,148.24. The disclosure for this sale can be found here. Insiders have sold 103,960 shares of company stock worth $ 5,912,378 over the last three months. 0.99% of the stock is owned by corporate insiders.
A number of large investors have recently modified their holdings of HOG. Bronfman E.L. Rothschild L.P. increased its stake in shares of Harley-Davidson by 0.3% in the third quarter. Bronfman E.L. Rothschild L.P. now owns 1,925 shares of the company’s stock worth $ 101,000 after buying an additional 5 shares during the last quarter. Municipal Employees Retirement System of Michigan increased its stake in shares of Harley-Davidson by 0.3% in the third quarter. Municipal Employees Retirement System of Michigan now owns 5,740 shares of the company’s stock worth $ 302,000 after buying an additional 20 shares during the last quarter. Concert Wealth Management Inc. increased its stake in shares of Harley-Davidson by 0.6% in the third quarter. Concert Wealth Management Inc. now owns 4,977 shares of the company’s stock worth $ 261,000 after buying an additional 28 shares during the last quarter. Fulton Bank N.A. raised its stake in Harley-Davidson by 0.4% in the first quarter. Fulton Bank N.A. now owns 9,272 shares of the company’s stock worth $ 561,000 after buying an additional 38 shares in the last quarter. Finally, World Asset Management Inc raised its stake in Harley-Davidson by 0.7% in the third quarter. World Asset Management Inc now owns 18,693 shares of the company’s stock worth $ 983,000 after buying an additional 121 shares in the last quarter. 89.54% of the stock is owned by institutional investors.
Harley-Davidson (NYSE:HOG) traded down 1.04% during mid-day trading on Tuesday, reaching $ 55.88. The company’s stock had a trading volume of 1,062,641 shares. The firm has a market cap of $ 9.76 billion, a PE ratio of 14.59 and a beta of 0.88. Harley-Davidson has a 12-month low of $ 41.63 and a 12-month high of $ 63.40. The company has a 50-day moving average price of $ 60.09 and a 200-day moving average price of $ 58.06.
Harley-Davidson (NYSE:HOG) last announced its quarterly earnings data on Tuesday, April 18th. The company reported $ 1.05 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $ 1.02 by $ 0.03. The firm earned $ 1.33 billion during the quarter, compared to analysts’ expectations of $ 1.35 billion. Harley-Davidson had a net margin of 13.13% and a return on equity of 35.38%. The business’s revenue for the quarter was down 15.7% compared to the same quarter last year. During the same quarter last year, the business earned $ 1.36 earnings per share. On average, equities research analysts expect that Harley-Davidson will post $ 3.83 earnings per share for the current year.
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Harley-Davidson Company Profile
Harley-Davidson, Inc is the parent company for the groups of companies doing business as Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS). The Company operates in two segments: the Motorcycles & Related Products (Motorcycles) and the Financial Services. The Motorcycles segment consists of HDMC, which designs, manufactures and sells at wholesale on-road Harley-Davidson motorcycles, as well as motorcycle parts, accessories, general merchandise and related services.
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