Harley-Davidson (HOG) to Release Quarterly Earnings on Thursday

Harley-Davidson (NYSE:HOG) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of $1.56 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 announced its earnings results on Thursday, February 8th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.14. Harley-Davidson had a return on equity of 22.00% and a net margin of 12.11%. The company had revenue of $791.65 million for the quarter, compared to the consensus estimate of $875.29 million. During the same period last year, the business posted $0.28 EPS. The company’s revenue was down 13.8% on a year-over-year basis. 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 Trading Up 2.6 %

Shares of HOG stock opened at $39.03 on Tuesday. 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 twelve month low of $25.43 and a twelve month high of $44.16. The company has a market capitalization of $5.25 billion, a P/E ratio of 8.10, a price-to-earnings-growth ratio of 2.50 and a beta of 1.43. The business’s 50 day moving average is $39.86 and its two-hundred day moving average is $34.81.

Harley-Davidson Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Monday, March 4th were paid a $0.1725 dividend. The ex-dividend date of this dividend was Friday, March 1st. This is an increase from Harley-Davidson’s previous quarterly dividend of $0.17. This represents a $0.69 dividend on an annualized basis and a dividend yield of 1.77%. Harley-Davidson’s payout ratio is 14.32%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. DA Davidson lifted their price target on Harley-Davidson from $42.00 to $49.00 and gave the company a “buy” rating in a research note on Thursday, April 11th. UBS Group lifted their price target on Harley-Davidson from $29.00 to $39.00 and gave the company a “neutral” rating in a research note on Friday, February 16th. BMO Capital Markets boosted their target price on Harley-Davidson from $45.00 to $50.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 3rd. Citigroup boosted their target price on Harley-Davidson from $36.00 to $37.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 27th. Finally, Bank of America boosted their target price on Harley-Davidson from $50.00 to $55.00 and gave the stock a “buy” rating in a research report on Thursday, March 14th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus 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.