1 week Ago By Defense World Staff
DA Davidson restated their buy rating on shares of Harley-Davidson (NYSE:HOG – Free Report) in a report released on Wednesday morning,Benzinga reports. DA Davidson currently has a $31.00 target price on the stock.
DA Davidson also issued estimates for Harley-Davidson’s Q1 2025 earnings at $0.95 EPS, FY2025 earnings at $3.30 EPS and FY2026 earnings at $4.
45 EPS. Several other analysts have also recently issued reports on the stock. Morgan Stanley dropped their price objective on shares of Harley-Davidson from $33.
00 to $31.00 and set an “equal weight” rating for the company in a research note on Thursday, February 6th. Bank of America decreased their price target on Harley-Davidson from $40.
00 to $35.00 and set a “buy” rating on the stock in a research note on Thursday, January 30th. Citigroup reduced their target price on shares of Harley-Davidson from $29.
00 to $28.00 and set a “neutral” rating on the stock in a report on Wednesday, April 2nd. Robert W.
Baird cut their price objective on shares of Harley-Davidson from $32.00 to $26.00 and set a “neutral” rating for the company in a research report on Friday, April 4th.
Finally, UBS Group reduced their price target on Harley-Davidson from $35.00 to $28.00 and set a “neutral” rating for the company in a report on Thursday, February 20th.
Six analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Harley-Davidson has a consensus rating of “Hold” and an average target price of $32.00.
Get Our Latest Stock Report on HOGHarley-Davidson Trading Up 4.9 %Harley-Davidson stock opened at $22.55 on Wednesday.
The firm has a market cap of $2.79 billion, a PE ratio of 6.77, a P/E/G ratio of 0.
38 and a beta of 1.28. The company has a current ratio of 1.
40, a quick ratio of 1.19 and a debt-to-equity ratio of 1.41.
The stock’s 50 day simple moving average is $25.15 and its two-hundred day simple moving average is $29.67.
Harley-Davidson has a 12 month low of $20.45 and a 12 month high of $40.51.
Harley-Davidson (NYSE:HOG – Get Free Report) last announced its earnings results on Wednesday, February 5th. The company reported ($0.93) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.
65) by ($0.28). Harley-Davidson had a net margin of 9.
25% and a return on equity of 13.64%. During the same period in the previous year, the business posted $0.
18 EPS. Analysts anticipate that Harley-Davidson will post 3.44 earnings per share for the current year.
Harley-Davidson Increases DividendThe business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were given a dividend of $0.18 per share.
This represents a $0.72 dividend on an annualized basis and a yield of 3.19%.
The ex-dividend date was Friday, February 28th. This is a boost from Harley-Davidson’s previous quarterly dividend of $0.17.
Harley-Davidson’s dividend payout ratio (DPR) is currently 21.62%. Insider Activity at Harley-DavidsonIn other Harley-Davidson news, insider Luke Christopher Mansfield sold 3,400 shares of the company’s stock in a transaction dated Thursday, February 13th.
The stock was sold at an average price of $25.96, for a total transaction of $88,264.00.
Following the completion of the sale, the insider now directly owns 23,555 shares in the company, valued at $611,487.80. This represents a 12.
61 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.
87% of the company’s stock. Institutional Trading of Harley-DavidsonSeveral large investors have recently modified their holdings of HOG. MML Investors Services LLC boosted its holdings in Harley-Davidson by 4.
7% in the third quarter. MML Investors Services LLC now owns 8,430 shares of the company’s stock worth $325,000 after purchasing an additional 379 shares during the period. Venturi Wealth Management LLC boosted its stake in Harley-Davidson by 172.
0% during the fourth quarter. Venturi Wealth Management LLC now owns 876 shares of the company’s stock valued at $26,000 after buying an additional 554 shares in the last quarter. Covestor Ltd lifted its stake in Harley-Davidson by 18.
8% during the fourth quarter. Covestor Ltd now owns 4,163 shares of the company’s stock valued at $125,000 after purchasing an additional 658 shares during the last quarter. Toronto Dominion Bank boosted its stake in shares of Harley-Davidson by 1.
7% during the 3rd quarter. Toronto Dominion Bank now owns 49,995 shares of the company’s stock worth $1,926,000 after acquiring an additional 815 shares in the last quarter. Finally, Deutsche Bank AG increased its stake in Harley-Davidson by 7.
8% in the 4th quarter. Deutsche Bank AG now owns 11,486 shares of the company’s stock worth $346,000 after purchasing an additional 831 shares in the last quarter. 85.
10% of the stock is currently owned by institutional investors and hedge funds. Harley-Davidson Company Profile (Get Free Report)Harley-Davidson, Inc manufactures and sells motorcycles in the United States and internationally. The company operates in three segments: Harley-Davidson Motor Company, LiveWire, and Harley-Davidson Financial Services.
The Harley-Davidson Motor Company segment designs, manufactures, and sells motorcycles, including cruiser, trike, touring, standard, sportbike, adventure, and dual sport, as well as motorcycle parts, accessories, and apparel, as well as licenses its trademarks and related services.Featured StoriesFive stocks we like better than Harley-DavidsonHow to Invest in Tech Stocks and Top Tech Stocks to ConsiderJPMorgan is a Buy, if You Can Handle The Volatility Dividend Screener: How to Evaluate Dividend Stocks Before BuyingUnited States Steel’s Crash: An Unmissable Buying Opportunity3 Grocery Stocks That Can Help Take a Bite Out of Inflation Rocket Lab Stock: Weathering the Storm, Time for a Comeback?.
