Published: Wed, October 11, 2017
Finance | By Loren Pratt

Next Weeks Broker Price Targets For Harley-Davidson, Inc. (NYSE:HOG)


HOG has been the subject of several research analyst reports. The brokerage now has a hold rating on the stock. Harley-Davidson, Inc. (NYSE:HOG), at its latest closing price of $46.21, it has a price-to-book ratio of 0.00, compared to an industry average at 0.57. BMO Capital Markets restated a "buy" rating and set a $56.00 target price on shares of Harley-Davidson in a report on Friday, September 8th. Jefferies Group LLC reiterated a hold rating and issued a $49.00 price objective on shares of Harley-Davidson in a research report on Tuesday, July 4th.

Among 24 analysts covering Harley-Davidson (NYSE:HOG), 4 have Buy rating, 1 Sell and 19 Hold. When volumes suddenly increase above normal levels, it can be a sign that investors feel very strongly in one way or the other about the future direction of a stock, or may even have access to inside information. The mean target price as estimated by the analysts for the company has been recorded at $50.62.

Shares of First Horizon National Corporation (NYSE:FHN) traded down -0.21% in the last session while performance was up 19.22% in the last five days. The 20-day RSI for HOG is 39.87%, which suggests that the stock is not particularly expensive or cheap, and not predisposed to a reactive price movement based on this measure.

Harley-Davidson, Inc. (NYSE:HOG), stock is trading $63.40 above the 52-week high and has displayed a high EPS growth of 10.40% in last 5 years. After $1.48 actual earnings per share reported by Harley-Davidson Inc for the previous quarter, Wall Street now forecasts -71.62 % negative EPS growth. The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.35 billion. The Return on Equity (ROE) value stands at 30.5%. The company's revenue was down 5.6% on a year-over-year basis. Harley-Davidson's revenue was down 5.6% compared to the same quarter past year.

Harley-Davidson, Inc. (NYSE:HOG) ended its day at $46.21 with the rising stream of -1.37% and its total traded volume was 2.68 million shares more than the average volume.


07/18/2017 - Harley-Davidson, Inc. had its "buy" rating reiterated by analysts at Tigress Financial Partners. "(HOG)" was first posted by StockNewsTimes and is the sole property of of StockNewsTimes.

TRADEMARK VIOLATION WARNING: This news story was reported by TrueBlueTribune and is owned by of TrueBlueTribune. The legal version of this story can be read at https://www.dispatchtribunal.com/2017/10/10/stifel-nicolaus-reaffirms-buy-rating-for-harley-davidson-inc-hog.html.

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 9th. The ex-dividend date is Tuesday, May 23rd. The 1 year EPS growth rate is 3.80%. Harley-Davidson's dividend payout ratio (DPR) is now 38.22%. Wedbush maintained Harley-Davidson Inc (NYSE:HOG) on Monday, May 16 with "Neutral" rating. The stock ended last trade at $43.32 a share and the price is up more than -9.84% so far this year. Following the sale, the insider now owns 23,673 shares in the company, valued at $1,116,892.14.

Large investors have recently modified their holdings of the business. Geneva Advisors LLC grew its stake in Harley-Davidson by 5.4% in the second quarter. Moreover, F&V Capital Management Llc has 2.85% invested in the company for 93,065 shares. Finally, Annex Advisory Services LLC raised its position in Harley-Davidson by 2.5% in the 2nd quarter. Pacer Advisors Inc. now owns 3,698 shares of the company's stock valued at $224,000 after purchasing an additional 117 shares in the last quarter.

Harley Davidson Inc (NYSE:HOG) institutional sentiment decreased to 0.91 in 2017 Q2. Vanguard Group Inc. now owns 17,416,731 shares of the company's stock valued at $1,053,712,000 after purchasing an additional 534,966 shares during the last quarter. The company's stock had a trading volume of 291,410 shares. The Motorcycles segment consists of HDMC, which designs, makes and sells at wholesale on-road Harley-Davidson motorcycles, as well as motorcycle parts, accessories, general merchandise and related services.

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