Headlines about Harley-Davidson (NYSE:HOG) have trended somewhat positive recently, according to AlphaOne Sentiment Analysis. AlphaOne, a division of Accern, rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Harley-Davidson earned a media sentiment score of 0.17 on AlphaOne’s scale. AlphaOne also assigned media stories about the company an impact score of 69 out of 100, indicating that recent press coverage is likely to have an effect on the stock’s share price in the immediate future.
Here are some of the news stories that may have impacted Alpha One’s analysis:
Several equities analysts recently issued reports on the stock. Jefferies Group LLC reissued a “hold” rating and set a $ 49.00 price target on shares of Harley-Davidson in a report on Thursday, April 6th. Goldman Sachs Group Inc reissued a “neutral” rating and set a $ 54.00 price target on shares of Harley-Davidson in a report on Tuesday, April 18th. Sanford C. Bernstein cut their price target on shares of Harley-Davidson from $ 68.00 to $ 62.00 and set an “outperform” rating for the company in a report on Friday, April 21st. UBS Group AG reissued a “neutral” rating and set a $ 57.00 price target on shares of Harley-Davidson in a report on Monday, April 17th. Finally, Royal Bank of Canada cut their price target on shares of Harley-Davidson from $ 60.00 to $ 57.00 and set a “sector perform” rating for the company in a report on Wednesday, April 19th. One analyst has rated the stock with a sell rating, eighteen have assigned a hold rating and six have issued a buy rating to the stock. Harley-Davidson presently has an average rating of “Hold” and an average target price of $ 56.12.
Harley-Davidson (NYSE:HOG) traded up 0.94% on Wednesday, hitting $ 56.75. 1,316,759 shares of the stock traded hands. The stock has a 50-day moving average price of $ 58.92 and a 200 day moving average price of $ 58.62. The company has a market cap of $ 9.99 billion, a price-to-earnings ratio of 16.18 and a beta of 0.88. Harley-Davidson has a 1-year low of $ 41.63 and a 1-year high of $ 63.40.
Harley-Davidson (NYSE:HOG) last issued its earnings results on Tuesday, April 18th. The company reported $ 1.05 EPS for the quarter, topping analysts’ consensus estimates of $ 1.02 by $ 0.03. Harley-Davidson had a return on equity of 35.38% and a net margin of 13.13%. The firm had revenue of $ 1.33 billion for the quarter, compared to the consensus estimate of $ 1.35 billion. During the same quarter in the prior year, the business earned $ 1.36 earnings per share. The company’s revenue was down 15.7% compared to the same quarter last year. On average, analysts anticipate that Harley-Davidson will post $ 3.76 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 9th. Shareholders of record on Thursday, May 25th will be given a dividend of $ 0.365 per share. The ex-dividend date is Tuesday, May 23rd. This represents a $ 1.46 dividend on an annualized basis and a yield of 2.57%. Harley-Davidson’s dividend payout ratio is currently 38.22%.
In other Harley-Davidson news, Director Donald A. James sold 100,000 shares of the stock in a transaction that occurred on 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 in the company, valued at $ 314,148.24. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.99% of the company’s stock.
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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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