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

Harley-Davidson (NYSE:HOG) will be posting its quarterly earnings results before the market opens on Thursday, July 25th. Analysts expect Harley-Davidson to post earnings of $1.47 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Harley-Davidson (NYSE:HOG) last released its earnings results on Thursday, April 25th. The company reported $1.72 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.24. The firm had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.42 billion. Harley-Davidson had a return on equity of 19.48% and a net margin of 11.03%. 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 Stock Down 2.0 %

HOG opened at $34.64 on Wednesday. Harley-Davidson has a 12 month low of $25.43 and a 12 month high of $44.16. The business has a 50-day moving average of $34.22 and a two-hundred day moving average of $36.35. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.54 and a quick ratio of 1.32. The stock has a market capitalization of $4.66 billion, a price-to-earnings ratio of 7.70, a price-to-earnings-growth ratio of 1.29 and a beta of 1.46.

Harley-Davidson Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 21st. Investors of record on Wednesday, June 5th were issued a $0.1725 dividend. The ex-dividend date was Wednesday, June 5th. This represents a $0.69 dividend on an annualized basis and a yield of 1.99%. Harley-Davidson’s payout ratio is 15.33%.

Wall Street Analysts Forecast Growth

HOG has been the topic of a number of recent analyst reports. Citigroup cut their price target on shares of Harley-Davidson from $36.00 to $34.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 12th. BMO Capital Markets reduced their target price on Harley-Davidson from $50.00 to $45.00 and set an “outperform” rating on the stock in a report on Friday, April 26th. Morgan Stanley began coverage on Harley-Davidson in a research note on Tuesday, April 23rd. They set an “overweight” rating and a $50.00 price target for the company. DA Davidson lifted their price objective on Harley-Davidson from $42.00 to $49.00 and gave the company a “buy” rating in a research note on Thursday, April 11th. Finally, Robert W. Baird reiterated an “outperform” rating and set a $40.00 target price on shares of Harley-Davidson in a report on Tuesday, July 2nd. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $44.57.

Harley-Davidson Company Profile

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.