News headlines about Harley-Davidson (NYSE:HOG) have trended somewhat positive recently, according to AlphaOne Sentiment. The research group, a subsidiary of Accern, identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Harley-Davidson earned a news impact score of 0.02 on AlphaOne’s scale. AlphaOne also assigned media coverage about the company an impact score of 51 out of 100, meaning that recent news coverage is somewhat likely to have an effect on the company’s share price in the immediate future.
These are some of the headlines that may have impacted AlphaOne’s scoring:
A number of research analysts have recently commented on HOG shares. UBS Group AG restated a “neutral” rating and issued a $ 57.00 price target on shares of Harley-Davidson in a report on Monday, April 17th. Morgan Stanley reiterated an “overweight” rating and set a $ 59.00 target price (down from $ 61.00) on shares of Harley-Davidson in a report on Wednesday, February 1st. Barclays PLC reiterated an “equal weight” rating and set a $ 52.00 target price (down from $ 53.00) on shares of Harley-Davidson in a report on Friday, April 21st. Tigress Financial reiterated a “buy” rating on shares of Harley-Davidson in a report on Friday, March 17th. Finally, Wedbush raised their price target on shares of Harley-Davidson from $ 53.00 to $ 55.00 and gave the company a “neutral” rating in a report on Monday, April 3rd. One analyst has rated the stock with a sell rating, seventeen have issued a hold rating and six have assigned a buy rating to the stock. Harley-Davidson currently has a consensus rating of “Hold” and an average price target of $ 56.12.
Shares of Harley-Davidson (NYSE:HOG) traded up 0.08% during mid-day trading on Wednesday, reaching $ 52.88. 217,140 shares of the company traded hands. The company’s 50 day moving average is $ 56.86 and its 200 day moving average is $ 58.45. Harley-Davidson has a 52-week low of $ 41.63 and a 52-week high of $ 63.40. The stock has a market capitalization of $ 9.31 billion, a price-to-earnings ratio of 15.08 and a beta of 0.88.
Harley-Davidson (NYSE:HOG) last released its quarterly earnings data on Tuesday, April 18th. The company reported $ 1.05 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $ 1.02 by $ 0.03. Harley-Davidson had a return on equity of 35.38% and a net margin of 13.13%. The business had revenue of $ 1.33 billion during the quarter, compared to analyst estimates of $ 1.35 billion. During the same quarter in the previous year, the firm posted $ 1.36 EPS. The business’s revenue for the quarter was down 15.7% compared to the same quarter last year. On average, equities analysts forecast that Harley-Davidson will post $ 3.76 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 9th. Investors of record on Thursday, May 25th will be given a dividend of $ 0.365 per share. The ex-dividend date of this dividend is Tuesday, May 23rd. This represents a $ 1.46 dividend on an annualized basis and a yield of 2.76%. Harley-Davidson’s dividend payout ratio is currently 38.22%.
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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