Harley-Davidson, Inc. (NYSE:HOG)‘s stock had its “buy” rating restated by investment analysts at Tigress Financial in a research note issued to investors on Friday.

A number of other research firms also recently issued reports on HOG. DA Davidson upgraded Harley-Davidson from an “underperform” rating to a “market perform” rating in a research note on Wednesday, April 12th. Raymond James Financial, Inc. upgraded Harley-Davidson from an “underperform” rating to a “market perform” rating in a research note on Wednesday, April 12th. Royal Bank Of Canada lifted their price target on Harley-Davidson from $58.00 to $60.00 and gave the company a “sector perform” rating in a research note on Wednesday, April 5th. Jefferies Group LLC reiterated a “hold” rating and set a $49.00 price target on shares of Harley-Davidson in a research note on Thursday, April 6th. Finally, Wedbush lifted their price target on Harley-Davidson from $53.00 to $55.00 and gave the company a “neutral” rating in a research note on Monday, April 3rd. Two research analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and six have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $54.83.

Harley-Davidson (HOG) traded down 1.05% on Friday, hitting $48.26. The stock had a trading volume of 2,747,881 shares. The stock has a market capitalization of $8.49 billion, a price-to-earnings ratio of 13.76 and a beta of 0.86. Harley-Davidson has a 52 week low of $46.00 and a 52 week high of $63.40. The company has a 50-day moving average price of $53.21 and a 200-day moving average price of $56.65.

Harley-Davidson (NYSE:HOG) last released its quarterly earnings results on Tuesday, July 18th. The company reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.10. The business had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.60 billion. Harley-Davidson had a return on equity of 30.51% and a net margin of 12.30%. The company’s quarterly revenue was down 5.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.55 EPS. Equities research analysts anticipate that Harley-Davidson will post $3.46 earnings per share for the current fiscal year.

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Several large investors have recently bought and sold shares of the company. Independent Advisor Alliance boosted its stake in Harley-Davidson by 491.5% in the first quarter. Independent Advisor Alliance now owns 3,336 shares of the company’s stock worth $200,000 after buying an additional 2,772 shares during the period. Wayne Hummer Investments L.L.C. bought a new stake in Harley-Davidson during the first quarter worth approximately $200,000. Stokes & Hubbell Capital Management LLC bought a new stake in Harley-Davidson during the first quarter worth approximately $201,000. Putnam Investments LLC bought a new stake in Harley-Davidson during the fourth quarter worth approximately $204,000. Finally, Appleton Group LLC bought a new stake in Harley-Davidson during the first quarter worth approximately $210,000. 84.94% of the stock is currently owned by institutional investors.

Harley-Davidson Company Profile

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.

Analyst Recommendations for Harley-Davidson (NYSE:HOG)

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