Harley-Davidson, (NYSE:HOG) was boosted by Research Firm Zacks from a “sell” recommendation to a “hold” recommendation in a research note released to investors and clients on early Fri, Jul 7th.
Few other brokerage firms recently released study analysis concerning the stock. Jefferies restated a “hold” recommendation and given a $ 49.00 price objective on the stock of Harley-Davidson in a study note published on early Thur, Apr 6th. Goldman Sachs Group, (The) restated a “neutral” recommendation and given a $ 54.00 price objective on the stock of Harley-Davidson in a study note on early Tue, Apr 18th. Sanford C. Bernstein reduced their target price on Harley-Davidson from $ 68.00 to $ 62.00 and fixed an “outperform” recommendation for The corporation in a note on Fri, Apr 21st. UBS AG reissued a “neutral” recommendation and fixed a $ 57.00 target price on stock of Harley-Davidson in a note on Mon, Apr 17th. Lastly, Royal Bank Of Canada reduced their target price on Harley-Davidson from $ 60.00 to $ 57.00 and fixed a “sector perform” recommendation for The corporation in a note on Wed, Apr 19th. Two financial stock experts recommended the company shares with a sell recommendation, nineteen have published a hold recommendation and four have issued a buy recommendation to the firms shares. The stock has a consensus recommendation of “Hold” and a consensus price objective of $ 54.83.
According to Research firm Zacks, “Harley-Davidson is aiming to launch 100 new motorcycles by 2027, with a focus to amplify its product portfolio. It is also acquiring new dealerships in countries, such as China, India, Norway, Slovenia, Spain and Thailand. These approaches are anticipated to enhance its international presence and strengthen its customer base. Moreover, the firms improved financial stake, frequent share repurchases and dividend hikes will rise investors value. However, weak product demand in the U.S. market, stiff competitions and macro-economic challenges in some regions are anticipated to hurt the firms sales. Also, weaknesses in the Financial Services segment pose concerns for Harley-Davidson. Its Stocks also underperformed the Research Firm Zacks categorized Auto Manufacturers-Domestic industry during the last around three months.”
Harley-Davidson (HOG) transacted up 0.39% through out intraday market trading on early Fri, reaching $ 48.86. The corporation had a trading volume of 1,656,133 Stocks. the share has a company valuation of $ 8.55 B, a price to earnings ratio of 14.16 along with a stock beta of 0.86. The corporation has a 50 Day SMA price of $ 52.39 and a two hundred day SMA of $ 56.12. Harley-Davidson has a 1 year low of $ 46.00 and a 1 year high of $ 63.40.
Harley-Davidson (NYSE:HOG) previously announced its earnings report on early Tue, Jul 18th. The corporation posted $ 1.48 Earnings per share for the period, reaching the Thomson Reuters’ average forecast of $ 1.38 by $ 0.10. The company posted earnings of $ 1.58 B for the period end, compared to analysts’ anticipations of $ 1.60 B. Harley-Davidson had a ROE of 30.51% and a net profit margin of 12.30%. Harley-Davidson’s sales was down 5.6% compared with the same period in the prior year. for the same period in the prior year, company earned $ 1.55 EPS. on consensus, analysts expect that Harley-Davidson to post $ 3.39 EPS for the full year.
Many Hedge funds have lately purchased and unloaded stocks of the company. Wayne Hummer Investments L.L.C. bought a new stake in Harley-Davidson during the Q1 valued roughly $ 200,000. Stokes & Hubbell Capital Management bought a new stake in Harley-Davidson during the Q1 valued roughly $ 201,000. Independent Advisor Alliance upped its stake in Harley-Davidson by 491.5% in the Q1. Independent Advisor Alliance has an ownership of 3,336 stocks of the firms shares valued $ 200,000 after scooping up an extra 2,772 shares through out the previous quarter, Appleton Group bought a new stake in Harley-Davidson during the Q1 valued roughly $ 210,000. Lastly, Putnam Investments bought a new stake in Harley-Davidson throughout the Q4 valued roughly $ 204,000. hedge fund investors and investment firms has an ownership of 85.03% of the firms stock.
Harley-Davidson Company Profile
Harley-Davidson, is the parent company for the groups of companies doing firm as Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS). The corporation 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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