Other concerns faced by the company include higher product discounts, global economic uncertainty, high raw material costs and manufacturing expenses and currency fluctuations.
According to Zacks, "Harley-Davidson's shares have substantially underperformed the industry it belongs to, in the last six months".
A number of analysts recently issued reports on the company. Weakness in the Financial Services segment, high raw material costs and manufacturing expenses are other concerns for Harley-Davidson. Out of the 17 brokerage firms following Harley-Davidson, no fewer than 15 carry tepid "hold" ratings. Finally, ValuEngine upgraded Harley-Davidson from a hold rating to a buy rating in a research report on Friday, July 7th. Tigress Financial reissued a buy rating on shares of Harley-Davidson in a report on Friday, July 21st. (NYSE:HOG) established that the company was able to keep return on investment at - in the trailing twelve month while Reuters data showed that industry's average stands at 6.13 and sector's optimum level is 10.92. Stockholders of record on Tuesday, September 12th were issued a $0.365 dividend. Checking in on some other technical levels, the 14-day RSI is now at 84.55. After a recent check, company stock has been trading near the $46.63 mark. Its Average True Range (ATR) value figured out at 0.91. Given that its average daily volume over the 30 days has been 2.31 million shares a day, this signifies a pretty significant change over the norm. Harley-Davidson, Inc. (NYSE:HOG) shares have been recently spotted -26.46% away from the 52-week high, and 2.41% away from the 52-week low mark.
(NYSE:HOG). Harley-Davidson, Inc. has had 1 insider trades in the last 3 months, including 0 open market buys and 1 sells. The company reported $1.48 EPS for the quarter, beating analysts' consensus estimates of $1.38 by $0.10. The Return on Equity ratio of Harley-Davidson, Inc. The Higher end of the revenue forecast is $1.11 Billion, while the Lower end of the forecast is $959 Million. The company's quarterly revenue was down 5.6% compared to the same quarter previous year.
Looking ahead, Harley expects to ship 241K to 246K units this year and see a 1% drop in operating margin compared to a year ago.
"The continued weakness in the USA motorcycle industry only heightens our resolve and the intensity we are bringing to the quest to build the next generation of Harley-Davidson riders", said Matt Levatich, president and CEO, Harley-Davidson, Inc. If you are accessing this report on another publication, it was illegally copied and reposted in violation of US & global copyright & trademark laws. Northside Capital Management LLC bought a new position in Harley-Davidson during the 1st quarter valued at approximately $218,000. The shares were sold at an average price of $47.18, for a total value of $708,313.34. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Geneva Advisors LLC now owns 3,937 shares of the company's stock worth $213,000 after acquiring an additional 200 shares during the last quarter. The original version of this report can be read at https://weekherald.com/2017/10/15/ahl-partners-llp-trims-position-in-harley-davidson-inc-hog.html. For the last period, the company reported quarter over quarter EPS growth of -4.50% and quarter over quarter sales growth of -5.20%. Geneva Advisors LLC increased its stake in shares of Harley-Davidson by 5.4% in the second quarter. The stock of Harley-Davidson Inc (NYSE:HOG) has "Neutral" rating given on Wednesday, April 19 by Wedbush.
The options market is pricing in a daily post-earnings move of 10.1% for HOG, almost double its average after-earnings move of 5.2% over the past eight quarters.