Harley-Davidson Given Consensus Recommendation of “Hold” by Brokerages (NYSE:HOG)
Shares of Harley-Davidson (NYSE:HOG) have received an average recommendation of “Hold” from the fifteen ratings firms that are presently covering the stock, Stock Ratings Network.com reports. Eight research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $72.88.
Harley-Davidson (NYSE:HOG) opened at 63.56 on Wednesday. Harley-Davidson has a 1-year low of $60.51 and a 1-year high of $74.13. The stock has a 50-day moving average of $63.66 and a 200-day moving average of $67.57. The company has a market cap of $13.841 billion and a P/E ratio of 16.35.
Harley-Davidson (NYSE:HOG) last issued its quarterly earnings data on Tuesday, July 22nd. The company reported $1.62 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.46 by $0.16. The company had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.84 billion. During the same quarter last year, the company posted $1.21 earnings per share. Harley-Davidson’s revenue was up 12.4% compared to the same quarter last year. Analysts expect that Harley-Davidson will post $3.79 EPS for the current fiscal year.
HOG has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Harley-Davidson in a research note on Friday. They now have a $67.00 price target on the stock. Separately, analysts at Argus downgraded shares of Harley-Davidson from a “buy” rating to a “hold” rating in a research note on Thursday, July 31st. They now have a $82.00 price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Harley-Davidson in a research note on Monday, July 28th. They now have a $77.00 price target on the stock, down previously from $85.00.
Harley-Davidson, Inc is the parent company for the groups of companies doing business as Harley-Davidson Motor Company (NYSE:HOG) and Harley-Davidson Financial Services (HDFS).
Receive News & Ratings for Harley-Davidson Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harley-Davidson Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.