Somewhat Favorable News Coverage Likely to Affect Harley-Davidson (HOG) Stock Price

Headlines about Harley-Davidson (NYSE:HOG) have been trending somewhat positive recently, Alpha One Sentiment reports. Alpha One, a division of Accern, ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Harley-Davidson earned a news sentiment score of 0.14 on Alpha One’s scale. Alpha One also gave press coverage about the company an impact score of 73 out of 100, meaning that recent media coverage is likely to have an effect on the company’s share price in the near term.

Here are some of the media headlines that may have effected AlphaOne’s rankings:

A number of equities research analysts have recently commented on HOG shares. Tigress Financial reaffirmed a “buy” rating on shares of Harley-Davidson in a research note on Friday, March 17th. Citigroup Inc reduced their price objective on shares of Harley-Davidson from $ 73.00 to $ 68.00 and set a “buy” rating on the stock in a research note on Monday, March 6th. Barclays PLC reaffirmed an “equal weight” rating and issued a $ 52.00 price objective (down from $ 53.00) on shares of Harley-Davidson in a research note on Friday, April 21st. Argus reaffirmed a “hold” rating on shares of Harley-Davidson in a research note on Friday, February 3rd. Finally, Royal Bank of Canada set a $ 58.00 price objective on shares of Harley-Davidson and gave the company a “hold” rating in a research note on Wednesday, February 1st. One investment analyst has rated the stock with a sell rating, seventeen have given a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $ 56.12.

Harley-Davidson (NYSE:HOG) traded up 0.63% on Monday, reaching $ 52.95. 2,738,353 shares of the company’s stock traded hands. Harley-Davidson has a 12 month low of $ 41.63 and a 12 month high of $ 63.40. The company has a market cap of $ 9.32 billion, a PE ratio of 15.10 and a beta of 0.88. The firm’s 50 day moving average price is $ 57.11 and its 200 day moving average price is $ 58.47.

Harley-Davidson (NYSE:HOG) last released its quarterly earnings results on Tuesday, April 18th. The company reported $ 1.05 earnings per share for the quarter, beating the consensus estimate of $ 1.02 by $ 0.03. The business had revenue of $ 1.33 billion for 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 firm’s revenue for the quarter was down 15.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $ 1.36 earnings per share. On average, equities analysts expect that Harley-Davidson will post $ 3.76 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, June 9th. Investors of record on Thursday, May 25th will be issued a $ 0.365 dividend. This represents a $ 1.46 annualized dividend and a yield of 2.76%. The ex-dividend date of this dividend is Tuesday, May 23rd. Harley-Davidson’s dividend payout ratio (DPR) is currently 38.22%.

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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.

12 Month Chart for NYSE:HOG

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Craig Ballantyne

I love anything to do with Harley Davidson and have two beautiful children and a beautiful partner. In my spare time i like building websites and love anything to do with the internet.

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