Harley-Davidson Inc. Hits New 52-Week High at $65.86 (HOG)
Shares of Harley-Davidson (NYSE:HOG) hit a new 52-week high during mid-day trading on Tuesday, AR Network reports. The stock traded as high as $65.86 and last traded at $65.28, with a volume of 1,165,539 shares trading hands. The stock had previously closed at $64.24.
Several analysts have recently commented on the stock. Analysts at Citigroup Inc. raised their price target on shares of Harley-Davidson (NYSE:HOG) from $64.00 to $72.00 in a research note to investors on Monday, September 9th. They now have a “buy” rating on the stock. Separately, analysts at Barclays Capital raised their price target on shares of Harley-Davidson (NYSE:HOG) from $58.00 to $60.00 in a research note to investors on Wednesday, August 21st. They now have an “overweight” rating on the stock. Finally, analysts at Wells Fargo & Co. reiterated an “outperform” rating on shares of Harley-Davidson (NYSE:HOG) in a research note to investors on Tuesday, August 20th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $61.00.
Harley-Davidson has a 52-week low of $40.59 and a 52-week high of $65.15. The stock’s 50-day moving average is $61.52 and its 200-day moving average is $56.36. The company has a market cap of $14.599 billion and a P/E ratio of 20.74.
Harley-Davidson (NYSE:HOG) last issued its quarterly earnings data on Thursday, July 25th. The company reported $1.21 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.18 by $0.03. The company had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the prior year, the company posted $1.07 earnings per share. The company’s quarterly revenue was up 4.0% on a year-over-year basis. On average, analysts predict that Harley-Davidson will post $3.28 earnings per share for the current fiscal year.
Harley-Davidson, Inc produces heavyweight cruiser and touring motorcycles. HDFS provides wholesale and retail financing and insurance programs primarily to Harley-Davidson dealers and customers.
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