Harley-Davidson (HOG) Scheduled to Post Quarterly Earnings

Harley-Davidson (NYSE:HOG – Get Score) will be issuing its quarterly earnings facts in advance of the industry opens on Thursday, July 28th. Analysts assume the enterprise to announce earnings of $1.25 per share for the quarter. Get-togethers that are interested in collaborating in the firm’s meeting call can do so employing this hyperlink.

Harley-Davidson (NYSE:HOG – Get Rating) very last introduced its earnings success on Wednesday, April 27th. The firm reported $1.45 earnings for every share (EPS) for the quarter, lacking the consensus estimate of $1.52 by ($.07). Harley-Davidson experienced a return on equity of 27.07% and a net margin of 11.78%. The business experienced revenue of $1.50 billion for the quarter, when compared to analyst estimates of $1.33 billion. All through the same time period very last calendar year, the firm gained $1.68 EPS. The firm’s profits for the quarter was up 5.1% compared to the same quarter past yr. On regular, analysts hope Harley-Davidson to post $4 EPS for the existing fiscal 12 months and $5 EPS for the next fiscal year.

Harley-Davidson Trading Up 2.3 %

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Shares of HOG opened at $35.28 on Thursday. Harley-Davidson has a 52-week very low of $29.80 and a 52-week significant of $44.46. The corporation has a brief ratio of 1.12, a existing ratio of 1.34 and a personal debt-to-fairness ratio of 1.78. The firm’s fifty working day moving regular is $33.32 and its two-hundred working day moving average is $36.65. The inventory has a market cap of $5.20 billion, a PE ratio of 8.89, a cost-to-earnings-growth ratio of .89 and a beta of 1.29.

Harley-Davidson Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 17th. Stockholders of record on Thursday, June 2nd ended up issued a dividend of $.157 for every share. The ex-dividend day was Wednesday, June 1st. This signifies a $.63 annualized dividend and a dividend generate of 1.78%. Harley-Davidson’s dividend payout ratio is presently 15.87%.

Institutional Buying and selling of Harley-Davidson

A number of institutional buyers and hedge money have not long ago purchased and offered shares of HOG. Lazard Asset Administration LLC obtained a new stake in Harley-Davidson for the duration of the very first quarter worth about $31,000. Brown Brothers Harriman & Co. grew its position in shares of Harley-Davidson by 1,144.1% during the very first quarter. Brown Brothers Harriman & Co. now owns 1,381 shares of the firm’s inventory worthy of $54,000 right after buying an extra 1,270 shares in the previous quarter. Covestor Ltd grew its situation in shares of Harley-Davidson by 74.7% all through the very first quarter. Covestor Ltd now owns 1,660 shares of the company’s inventory worth $65,000 soon after acquiring an supplemental 710 shares in the final quarter. Discussion board Money Management LP obtained a new position in shares of Harley-Davidson in the course of the first quarter truly worth about $202,000. Lastly, Raymond James Have confidence in N.A. obtained a new placement in shares of Harley-Davidson in the course of the to start with quarter truly worth about $219,000. 91.69% of the inventory is now owned by hedge resources and other institutional traders.

Wall Road Analyst Weigh In

A number of study analysts have not too long ago commented on HOG shares. TheStreet upgraded Harley-Davidson from a “c+” rating to a “b” rating in a report on Wednesday, April 27th. Northcoast Exploration reiterated a “neutral” rating on shares of Harley-Davidson in a report on Tuesday, May 17th. Wolfe Study reiterated a “acquire” ranking and established a $45.00 selling price target on shares of Harley-Davidson in a report on Friday, May possibly 20th. DA Davidson assumed coverage on shares of Harley-Davidson in a report on Thursday, June 30th. They issued a “neutral” ranking and a $35.00 price tag aim on the inventory. At last, BMO Cash Markets lowered their price tag aim on shares of Harley-Davidson from $62.00 to $57.00 and set an “outperform” score on the inventory in a report on Thursday, April 28th. A person investment decision analyst has rated the stock with a offer score, five have issued a hold rating and six have given a obtain rating to the firm. In accordance to MarketBeat.com, Harley-Davidson has an ordinary score of “Keep” and a consensus selling price goal of $47.96.

About Harley-Davidson

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Harley-Davidson, Inc manufactures and sells bikes. The company operates in two segments, Bikes and Related Items and Economical Providers. The Motorcycles and Associated Goods segment patterns, manufactures, and sells Harley-Davidson motorcycles, which includes cruiser, touring, conventional, sportbike, and dual versions, as well as motorbike components, components, attire, and linked expert services.

Highlighted Articles

Earnings History for Harley-Davidson (NYSE:HOG)

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