Harley-Davidson, Inc. (NYSE:HOG – Get Score) has been assigned a median advice of “Reasonable Purchase” from the twelve brokerages which might be at present overlaying the inventory, Marketbeat stories. 4 analysts have rated the inventory with a maintain ranking and 6 have given a purchase ranking to the corporate. The common 1 12 months value goal amongst brokerages which have issued a report on the inventory within the final 12 months is $49.00.
A number of analysis analysts lately commented on the corporate. Morgan Stanley lowered their goal value on Harley-Davidson from $44.00 to $40.00 and set an “equal weight” ranking for the corporate in a analysis report on Thursday, July 14th. Northcoast Analysis reiterated a “impartial” ranking on shares of Harley-Davidson in a analysis report on Tuesday, Could seventeenth. Wolfe Analysis reissued a “purchase” ranking and issued a $45.00 value goal on shares of Harley-Davidson in a analysis report on Friday, Could twentieth. Financial institution of America reduce their value goal on shares of Harley-Davidson from $70.00 to $60.00 and set a “purchase” ranking for the corporate in a analysis notice on Wednesday, July twentieth. Lastly, StockNews.com lowered Harley-Davidson from a “purchase” ranking to a “maintain” ranking in a analysis notice on Saturday, August sixth.
Harley-Davidson Buying and selling Down 0.0 %
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Shares of HOG inventory opened at $38.22 on Friday. The corporate has a present ratio of 1.44, a fast ratio of 1.25 and a debt-to-equity ratio of 1.97. Harley-Davidson has a 1 12 months low of $29.80 and a 1 12 months excessive of $44.46. The agency’s fifty day easy transferring common is $36.23 and its 200 day easy transferring common is $36.90. The agency has a market capitalization of $5.59 billion, a P/E ratio of 9.32, a price-to-earnings-growth ratio of 0.84 and a beta of 1.34.
Harley-Davidson (NYSE:HOG – Get Score) final introduced its quarterly earnings information on Thursday, July twenty eighth. The corporate reported $1.46 EPS for the quarter, beating analysts’ consensus estimates of $1.25 by $0.21. Harley-Davidson had a web margin of 12.11% and a return on fairness of 25.73%. The enterprise had income of $1.47 billion throughout the quarter, in comparison with analyst estimates of $1.24 billion. Throughout the identical quarter within the prior 12 months, the enterprise earned $1.41 earnings per share. The agency’s income for the quarter was down 4.1% on a year-over-year foundation. As a gaggle, sell-side analysts predict that Harley-Davidson will submit 4.48 EPS for the present 12 months.
Harley-Davidson Will increase Dividend
The agency additionally lately disclosed a quarterly dividend, which might be paid on Thursday, September twenty second. Shareholders of file on Monday, September twelfth might be paid a $0.1575 dividend. The ex-dividend date of this dividend is Friday, September ninth. This represents a $0.63 dividend on an annualized foundation and a yield of 1.65%. This can be a constructive change from Harley-Davidson’s earlier quarterly dividend of $0.16. Harley-Davidson’s payout ratio is at present 15.37%.
In associated information, Director Rafeh Masood bought 1,335 shares of Harley-Davidson inventory in a transaction that occurred on Tuesday, August ninth. The shares had been acquired at a median value of $37.50 per share, for a complete transaction of $50,062.50. Following the transaction, the director now immediately owns 1,335 shares within the firm, valued at $50,062.50. The transaction was disclosed in a submitting with the Securities & Trade Fee, which is offered at this hyperlink. 0.62% of the inventory is at present owned by company insiders.
Institutional Buyers Weigh In On Harley-Davidson
Institutional traders have lately modified their holdings of the enterprise. Lazard Asset Administration LLC purchased a brand new place in Harley-Davidson throughout the first quarter price about $31,000. Covestor Ltd acquired a brand new place in Harley-Davidson throughout the fourth quarter valued at roughly $36,000. Dixon Hughes Goodman Wealth Advisors LLC purchased a brand new stake in Harley-Davidson within the first quarter valued at roughly $39,000. CX Institutional purchased a brand new stake in shares of Harley-Davidson within the 2nd quarter valued at $40,000. Lastly, Custom Wealth Administration LLC raised its stake in Harley-Davidson by 120.8% throughout the 1st quarter. Custom Wealth Administration LLC now owns 1,340 shares of the corporate’s inventory price $53,000 after shopping for an extra 733 shares throughout the interval. Institutional traders and hedge funds personal 87.12% of the corporate’s inventory.
Harley-Davidson Firm Profile
Harley-Davidson, Inc manufactures and sells bikes. The corporate operates in two segments, Bikes and Associated Merchandise and Monetary Companies. The Bikes and Associated Merchandise section designs, manufactures, and sells Harley-Davidson bikes, together with cruiser, touring, normal, sportbike, and twin fashions, in addition to motorbike components, equipment, attire, and associated companies.
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