Harley-Davidson Inc (NYSE:HOG) has received an average recommendation of “Hold” from the twenty-four analysts that are covering the stock. Two equities research analysts have rated the stock with a sell recommendation, sixteen have given a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $ 55.86.
A number of analysts recently issued reports on HOG shares. Zacks Investment Research upgraded shares of Harley-Davidson from a “hold” rating to a “buy” rating and set a $ 67.00 price objective for the company in a report on Monday, December 5th. Goldman Sachs Group Inc restated a “neutral” rating and set a $ 57.00 price objective on shares of Harley-Davidson in a report on Monday, December 19th. Wedbush restated a “hold” rating and set a $ 53.00 price objective (up previously from $ 48.00) on shares of Harley-Davidson in a report on Friday, January 13th. Royal Bank of Canada decreased their price objective on shares of Harley-Davidson from $ 66.00 to $ 58.00 and set a “sector perform” rating for the company in a report on Wednesday, February 1st. Finally, Barclays PLC reiterated an “underweight” rating and issued a $ 53.00 target price (up previously from $ 45.00) on shares of Harley-Davidson in a research note on Wednesday, February 1st.
Shares of Harley-Davidson (NYSE:HOG) traded up 1.21% during midday trading on Tuesday, hitting $ 61.23. 672,403 shares of the company were exchanged. Harley-Davidson has a one year low of $ 41.63 and a one year high of $ 63.40. The firm’s 50 day moving average price is $ 58.54 and its 200 day moving average price is $ 56.96. The firm has a market capitalization of $ 10.69 billion, a price-to-earnings ratio of 15.99 and a beta of 0.88.
Harley-Davidson (NYSE:HOG) last posted its quarterly earnings data on Tuesday, January 31st. The company reported $ 0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $ 0.31 by $ 0.04. Harley-Davidson had a return on equity of 35.38% and a net margin of 13.13%. The company had revenue of $ 1.11 billion for the quarter, compared to analysts’ expectations of $ 972.47 million. During the same quarter last year, the business posted $ 0.22 EPS. The business’s quarterly revenue was down 7.4% on a year-over-year basis. Analysts forecast that Harley-Davidson will post $ 3.85 EPS for the current fiscal year.
In other Harley-Davidson news, SVP Michelle Kumbier sold 3,049 shares of Harley-Davidson stock in a transaction that occurred on Monday, February 6th. The shares were sold at an average price of $ 56.56, for a total transaction of $ 172,451.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Joanne M. Bischmann sold 911 shares of Harley-Davidson stock in a transaction that occurred 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 owns 2,195 shares of the company’s stock, valued at $ 125,115. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 103,960 shares of company stock valued at $ 5,912,378. 0.99% of the stock is currently owned by company insiders.
A number of large investors have recently made changes to their positions in the stock. Bronfman E.L. Rothschild L.P. raised 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 valued at $ 101,000 after buying an additional 5 shares during the last quarter. Sandy Spring Bank raised its stake in shares of Harley-Davidson by 84.4% in the third quarter. Sandy Spring Bank now owns 1,956 shares of the company’s stock valued at $ 103,000 after buying an additional 895 shares during the last quarter. NN Investment Partners Holdings N.V. raised its stake in shares of Harley-Davidson by 155.5% in the fourth quarter. NN Investment Partners Holdings N.V. now owns 3,045 shares of the company’s stock valued at $ 178,000 after buying an additional 1,853 shares during the last quarter. Investment Counselors of Maryland LLC raised its stake in shares of Harley-Davidson by 9.9% in the third quarter. Investment Counselors of Maryland LLC now owns 3,485 shares of the company’s stock valued at $ 183,000 after buying an additional 315 shares during the last quarter. Finally, Cpcm LLC bought a new stake in shares of Harley-Davidson during the fourth quarter valued at about $ 203,000. Institutional investors and hedge funds own 89.54% of the company’s stock.
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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