News articles about Harley-Davidson (NYSE:HOG) have been trending somewhat positive this week, Alpha One reports. The research firm, a unit of Accern, identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Alpha One ranks coverage of public 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 0.02 on Alpha One’s scale. Alpha One also gave 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 near term.
Here are some of the headlines that may have effected Alpha One’s analysis:
HOG has been the topic of a number of analyst reports. Wedbush reissued a “hold” rating and issued a $ 53.00 price target (up previously from $ 48.00) on shares of Harley-Davidson in a research note on Friday, January 13th. Royal Bank of Canada lowered their target price on Harley-Davidson from $ 66.00 to $ 58.00 and set a “sector perform” rating on the stock in a research note on Wednesday, February 1st. Goldman Sachs Group Inc reaffirmed a “neutral” rating and set a $ 55.00 target price (down previously from $ 57.00) on shares of Harley-Davidson in a research note on Wednesday, February 1st. Barclays PLC reaffirmed an “underweight” rating and set a $ 53.00 target price (up previously from $ 45.00) on shares of Harley-Davidson in a research note on Wednesday, February 1st. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $ 59.00 target price (down previously from $ 61.00) on shares of Harley-Davidson in a research note on Wednesday, February 1st. One analyst has rated the stock with a sell rating, eighteen have issued a hold rating and six have given a buy rating to the company’s stock. Harley-Davidson presently has a consensus rating of “Hold” and an average target price of $ 56.12.
Harley-Davidson (NYSE:HOG) traded up 0.11% during midday trading on Thursday, reaching $ 55.62. The company had a trading volume of 1,531,413 shares. Harley-Davidson has a 52-week low of $ 41.63 and a 52-week high of $ 63.40. The company’s 50-day moving average is $ 59.50 and its 200 day moving average is $ 58.53. The company has a market cap of $ 9.79 billion, a PE ratio of 15.86 and a beta of 0.88.
Harley-Davidson (NYSE:HOG) last issued its quarterly earnings results on Tuesday, April 18th. The company reported $ 1.05 EPS for the quarter, beating the 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 firm earned $ 1.33 billion during the quarter, compared to analysts’ expectations of $ 1.35 billion. During the same period in the prior year, the firm posted $ 1.36 earnings per share. The business’s quarterly revenue was down 15.7% compared to the same quarter last year. On average, equities research analysts forecast that Harley-Davidson will post $ 3.76 EPS for the current 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 given a dividend of $ 0.365 per share. The ex-dividend date is Tuesday, May 23rd. This represents a $ 1.46 annualized dividend and a yield of 2.62%. Harley-Davidson’s dividend payout ratio (DPR) is presently 38.22%.
In related news, SVP Michelle Kumbier sold 3,049 shares of the stock in a transaction that occurred on Monday, February 6th. The stock was sold at an average price of $ 56.56, for a total transaction of $ 172,451.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Donald A. James sold 100,000 shares of the stock in a transaction that occurred on Friday, February 10th. The shares were sold at an average price of $ 56.88, for a total value of $ 5,688,000.00. Following the transaction, the director now directly owns 5,523 shares of the company’s stock, valued at $ 314,148.24. The disclosure for this sale can be found here. Insiders have sold 103,960 shares of company stock valued at $ 5,912,378 over the last three months. Insiders own 0.99% of the company’s stock.
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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