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%.
Insider Exercise
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
(Get Score)
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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This on the spot information alert was generated by narrative science know-how and monetary information from MarketBeat as a way to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to [email protected].
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