Closing Bell Recap: Harley-Davidson, Inc. (HOG) Ends at 35.24, Reflecting a 1.41 Upturn

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Harley-Davidson, Inc. (NYSE: HOG) closed the day trading at $35.24 up 1.41% from the previous closing price of $34.75. In other words, the price has increased by $1.41 from its previous closing price. On the day, 2.49 million shares were traded. HOG stock price reached its highest trading level at $35.46 during the session, while it also had its lowest trading level at $34.49.

Ratios:

For a better understanding of HOG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.97. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 2.16 whereas as Long-Term Debt/Eq ratio is at 1.50.

On July 21, 2023, DA Davidson Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $38 to $47.

UBS reiterated its Neutral rating for the stock on July 13, 2023, while the target price for the stock was revised from $49 to $40.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 01 ’23 when Masood Rafeh bought 1,302 shares for $38.40 per share. The transaction valued at 49,997 led to the insider holds 2,637 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HOG now has a Market Capitalization of 4740660736 and an Enterprise Value of 10541317120. As of this moment, Harley-Davidson,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.83, and their Forward P/E ratio for the next fiscal year is 7.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 1.48. Its current Enterprise Value per Revenue stands at 1.825 whereas that against EBITDA is 11.561.

Stock Price History:

The Beta on a monthly basis for HOG is 1.50, which has changed by -0.032399774 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, HOG has reached a high of $44.16, while it has fallen to a 52-week low of $25.43. The 50-Day Moving Average of the stock is -11.22%, while the 200-Day Moving Average is calculated to be 1.56%.

Shares Statistics:

Over the past 3-months, HOG traded about 1.97M shares per day on average, while over the past 10 days, HOG traded about 2997020 shares per day. A total of 136.31M shares are outstanding, with a floating share count of 135.37M. Insiders hold about 0.68% of the company’s shares, while institutions hold 89.33% stake in the company. Shares short for HOG as of 1713139200 were 6880902 with a Short Ratio of 3.49, compared to 1710460800 on 6845496. Therefore, it implies a Short% of Shares Outstanding of 6880902 and a Short% of Float of 5.1599998000000005.

Dividends & Splits

HOG’s forward annual dividend rate is 0.67, up from 0.668 a year ago. Against a Trailing Annual Dividend Yield of 0.019223021The stock’s 5-year Average Dividend Yield is 2.46. The current Payout Ratio is 13.55% for HOG, which recently paid a dividend on 2024-03-01 with an ex-dividend date of 1709251200. Stock splits for the company last occurred on 2000-04-10 when the company split stock in a 2:1 ratio.

Earnings Estimates

The stock of Harley-Davidson, Inc. (HOG) is currently being evaluated by 13.0 analysts who are actively contributing to its market rating.On average, analysts expect EPS of $1.41 for the current quarter, with a high estimate of $1.58 and a low estimate of $1.2, while EPS last year was $1.22. The consensus estimate for the next quarter is $1.21, with high estimates of $1.45 and low estimates of $0.89.

Analysts are recommending an EPS of between $4.7 and $3.73 for the fiscal current year, implying an average EPS of $4.37. EPS for the following year is $4.77, with 14.0 analysts recommending between $5.07 and $3.9.

Revenue Estimates

11 analysts predict $1.27B in revenue for the current quarter. It ranges from a high estimate of $1.4B to a low estimate of $1.14B. As of the current estimate, Harley-Davidson, Inc.’s year-ago sales were $1.2BFor the next quarter, 11 analysts are estimating revenue of $1.2B. There is a high estimate of $1.5B for the next quarter, whereas the lowest estimate is $962M.

A total of 12 analysts have provided revenue estimates for HOG’s current fiscal year. The highest revenue estimate was $4.79B, while the lowest revenue estimate was $4.45B, resulting in an average revenue estimate of $4.66B. In the same quarter a year ago, actual revenue was $4.84BBased on 12 analysts’ estimates, the company’s revenue will be $4.88B in the next fiscal year. The high estimate is $5.31B and the low estimate is $4.56B.

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