Shares of Harley-Davidson Inc (NYSE:HOG) have been given a consensus recommendation of “Hold” by the twenty-five research firms that are currently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, fifteen have assigned a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $53.20.
Several equities research analysts have recently commented on HOG shares. Aegis started coverage on Harley-Davidson in a research note on Monday, August 28th. They issued a “hold” rating and a $49.00 price objective for the company. KeyCorp reiterated a “sector weight” rating on shares of Harley-Davidson in a research note on Thursday, August 31st. BMO Capital Markets reiterated a “buy” rating and issued a $56.00 price target on shares of Harley-Davidson in a research note on Friday, September 8th. UBS reiterated a “hold” rating and issued a $47.00 price target on shares of Harley-Davidson in a research note on Wednesday, September 13th. Finally, Zacks Investment Research upgraded Harley-Davidson from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 19th.
In other news, CFO John A. Olin sold 28,760 shares of the firm’s stock in a transaction dated Thursday, October 19th. The stock was sold at an average price of $48.03, for a total transaction of $1,381,342.80. Following the completion of the transaction, the chief financial officer now owns 65,722 shares in the company, valued at $3,156,627.66. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Matthew S. Levatich sold 19,447 shares of the firm’s stock in a transaction dated Wednesday, October 25th. The shares were sold at an average price of $48.36, for a total value of $940,456.92. Following the transaction, the chief executive officer now owns 88,646 shares of the company’s stock, valued at approximately $4,286,920.56. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 58,726 shares of company stock valued at $2,816,641. Company insiders own 0.70% of the company’s stock.
Harley-Davidson (NYSE:HOG) traded down $1.00 during trading hours on Thursday, hitting $50.02. The stock had a trading volume of 1,310,000 shares, compared to its average volume of 2,200,000. The company has a debt-to-equity ratio of 2.48, a current ratio of 1.18 and a quick ratio of 1.03. The stock has a market cap of $8,420.00, a price-to-earnings ratio of 15.94, a price-to-earnings-growth ratio of 1.75 and a beta of 0.96. Harley-Davidson has a 52-week low of $44.52 and a 52-week high of $63.40.
Harley-Davidson (NYSE:HOG) last posted its quarterly earnings data on Tuesday, October 17th. The company reported $0.40 EPS for the quarter, hitting the consensus estimate of $0.40. The firm had revenue of $962.10 million during the quarter, compared to analyst estimates of $959.41 million. Harley-Davidson had a return on equity of 28.69% and a net margin of 11.68%. Harley-Davidson’s revenue was down 11.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.64 EPS. research analysts anticipate that Harley-Davidson will post 3.43 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be given a dividend of $0.365 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $1.46 dividend on an annualized basis and a dividend yield of 2.92%. Harley-Davidson’s payout ratio is 45.77%.
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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.
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