The closing price of Harley-Davidson, Inc. (NYSE: HOG) was $36.18 for the day, down -1.52% from the previous closing price of $36.74. In other words, the price has decreased by -$0.56 from its previous closing price. On the day, 1580610 shares were traded. HOG stock price reached its highest trading level at $37.08 during the session, while it also had its lowest trading level at $36.08.
Ratios:
Our analysis of HOG’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.20. For the most recent quarter (mrq), Quick Ratio is recorded 1.25 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 2.21 whereas as Long-Term Debt/Eq ratio is at 1.55.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, DA Davidson on July 21, 2023, Upgraded its rating to Buy and sets its target price to $47 from $38 previously.
On July 13, 2023, UBS reiterated its Neutral rating and also upped its target price recommendation from $49 to $40.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 01 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 4.94B and an Enterprise Value of 10.60B. As of this moment, Harley-Davidson,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.50, and their Forward P/E ratio for the next fiscal year is 7.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.86 while its Price-to-Book (P/B) ratio in mrq is 1.52. Its current Enterprise Value per Revenue stands at 1.82 whereas that against EBITDA is 10.04.
Stock Price History:
Over the past 52 weeks, HOG has reached a high of $48.24, while it has fallen to a 52-week low of $25.43. The 50-Day Moving Average of the stock is 35.21, while the 200-Day Moving Average is calculated to be 33.36.
Shares Statistics:
HOG traded an average of 1.47M shares per day over the past three months and 1.54M shares per day over the past ten days. A total of 139.27M shares are outstanding, with a floating share count of 138.32M. Insiders hold about 0.68% of the company’s shares, while institutions hold 87.86% stake in the company. Shares short for HOG as of Jan 31, 2024 were 8.67M with a Short Ratio of 5.92, compared to 7.76M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 6.23% and a Short% of Float of 6.90%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.66, HOG has a forward annual dividend rate of 0.66. Against a Trailing Annual Dividend Yield of 1.80%, it implies a Forward Annual Dividend Yield of 1.91%. The stock’s 5-year Average Dividend Yield is 2.54. The current Payout Ratio is 13.55% for HOG, which recently paid a dividend on Mar 20, 2024 with an ex-dividend date of Mar 01, 2024. Stock splits for the company last occurred on Apr 10, 2000 when the company split stock in a 2:1 ratio.
Earnings Estimates
The firm’s stock currently is rated by 11 analysts. On average, analysts expect EPS of $1.5 for the current quarter, with a high estimate of $1.94 and a low estimate of $1.28, while EPS last year was $2.04. The consensus estimate for the next quarter is $1.35, with high estimates of $1.79 and low estimates of $1.12.
Analysts are recommending an EPS of between $4.4 and $3.73 for the fiscal current year, implying an average EPS of $4.16. EPS for the following year is $4.65, with 12 analysts recommending between $4.93 and $3.9.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 11 analysts. It ranges from a high estimate of $1.5B to a low estimate of $1.22B. As of the current estimate, Harley-Davidson, Inc.’s year-ago sales were $1.56B, an estimated decrease of -14.90% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $1.24B, an increase of 3.60% over than the figure of -$14.90% in the same quarter last year. There is a high estimate of $1.47B for the next quarter, whereas the lowest estimate is $1.1B.
A total of 11 analysts have provided revenue estimates for HOG’s current fiscal year. The highest revenue estimate was $4.78B, while the lowest revenue estimate was $4.38B, resulting in an average revenue estimate of $4.58B. In the same quarter a year ago, actual revenue was $4.84B, down -5.40% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $4.78B in the next fiscal year. The high estimate is $5.31B and the low estimate is $4.51B. The average revenue growth estimate for next year is up 4.30% from the average revenue estimate for this year.
