Harley-Davidson (HOG) Scheduled to Post Earnings on Thursday

Harley-Davidson (NYSE:HOG) will be releasing its earnings data before the market opens on Thursday, April 25th. Analysts expect Harley-Davidson to post earnings of $1.56 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Harley-Davidson (NYSE:HOG) last issued its quarterly earnings data on Thursday, February 8th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.14. The company had revenue of $791.65 million during the quarter, compared to the consensus estimate of $875.29 million. Harley-Davidson had a net margin of 12.11% and a return on equity of 22.00%. The firm’s revenue was down 13.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.28 earnings per share. On average, analysts expect Harley-Davidson to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Harley-Davidson Price Performance

Shares of NYSE HOG opened at $37.93 on Thursday. The company has a fifty day moving average price of $39.75 and a 200 day moving average price of $34.64. The firm has a market cap of $5.10 billion, a PE ratio of 7.87, a PEG ratio of 2.56 and a beta of 1.43. The company has a current ratio of 1.53, a quick ratio of 1.25 and a debt-to-equity ratio of 1.53. Harley-Davidson has a 1-year low of $25.43 and a 1-year high of $44.16.

Harley-Davidson Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Monday, March 4th were paid a dividend of $0.1725 per share. This is a boost from Harley-Davidson’s previous quarterly dividend of $0.17. This represents a $0.69 annualized dividend and a dividend yield of 1.82%. The ex-dividend date was Friday, March 1st. Harley-Davidson’s dividend payout ratio (DPR) is currently 14.32%.

Hedge Funds Weigh In On Harley-Davidson

Several large investors have recently modified their holdings of the business. Lazard Asset Management LLC acquired a new stake in Harley-Davidson during the 1st quarter valued at approximately $31,000. Penserra Capital Management LLC acquired a new position in Harley-Davidson in the third quarter valued at $44,000. Brown Brothers Harriman & Co. boosted its position in shares of Harley-Davidson by 1,144.1% during the 1st quarter. Brown Brothers Harriman & Co. now owns 1,381 shares of the company’s stock valued at $54,000 after purchasing an additional 1,270 shares in the last quarter. Covestor Ltd boosted its holdings in shares of Harley-Davidson by 74.7% during the 1st quarter. Covestor Ltd now owns 1,660 shares of the company’s stock worth $65,000 after buying an additional 710 shares in the last quarter. Finally, KBC Group NV acquired a new position in shares of Harley-Davidson during the 4th quarter valued at $76,000. Institutional investors own 85.10% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on HOG. UBS Group increased their price target on Harley-Davidson from $29.00 to $39.00 and gave the company a “neutral” rating in a research report on Friday, February 16th. BMO Capital Markets raised their target price on shares of Harley-Davidson from $45.00 to $50.00 and gave the company an “outperform” rating in a research note on Wednesday, April 3rd. DA Davidson upped their price target on shares of Harley-Davidson from $42.00 to $49.00 and gave the stock a “buy” rating in a research report on Thursday, April 11th. Citigroup boosted their price objective on shares of Harley-Davidson from $36.00 to $37.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 27th. Finally, Bank of America lifted their price target on Harley-Davidson from $50.00 to $55.00 and gave the stock a “buy” rating in a report on Thursday, March 14th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $46.67.

About Harley-Davidson

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.