Harley-Davidson (HOG) Set to Announce Quarterly Earnings on Monday

Harley-Davidson (NYSE:HOG) is scheduled to be announcing its earnings results before the market opens on Monday, January 29th. Analysts expect the company to announce earnings of $0.48 per share for the quarter.

Harley-Davidson (NYSE:HOG) opened at $53.00 on Monday. Harley-Davidson has a 52 week low of $44.52 and a 52 week high of $63.40. The company has a current ratio of 1.18, a quick ratio of 1.03 and a debt-to-equity ratio of 2.48. The company has a market cap of $8,920.00, a price-to-earnings ratio of 16.61, a price-to-earnings-growth ratio of 1.67 and a beta of 0.96.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 15th were given a $0.365 dividend. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $1.46 dividend on an annualized basis and a dividend yield of 2.75%. Harley-Davidson’s payout ratio is currently 45.77%.

In related news, insider Lawrence G. Hund sold 8,660 shares of the stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $46.88, for a total value of $405,980.80. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Matthew S. Levatich sold 19,447 shares of the stock in a transaction dated Wednesday, October 25th. The stock was sold at an average price of $48.36, for a total transaction of $940,456.92. Following the completion of the sale, the chief executive officer now directly owns 88,646 shares in the company, valued at approximately $4,286,920.56. The disclosure for this sale can be found here. In the last ninety days, insiders sold 29,966 shares of company stock worth $1,435,298. Corporate insiders own 0.70% of the company’s stock.

A number of research firms have recently issued reports on HOG. Zacks Investment Research upgraded shares of Harley-Davidson from a “hold” rating to a “buy” rating and set a $57.00 price target on the stock in a research report on Tuesday, January 2nd. Goldman Sachs Group restated a “hold” rating on shares of Harley-Davidson in a research report on Sunday, October 15th. Longbow Research downgraded shares of Harley-Davidson from a “neutral” rating to an “underperform” rating in a research report on Wednesday, January 3rd. Stifel Nicolaus restated a “buy” rating and issued a $48.00 price target (down from $51.00) on shares of Harley-Davidson in a research report on Tuesday, October 10th. Finally, Argus upgraded shares of Harley-Davidson from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a research report on Friday, October 20th. Three investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and five have given a buy rating to the company’s stock. Harley-Davidson presently has a consensus rating of “Hold” and a consensus price target of $53.12.

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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.

Earnings History for Harley-Davidson (NYSE:HOG)

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