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

Harley-Davidson (NYSE:HOG) will be announcing its earnings results before the market opens on Thursday, April 25th. Analysts expect the company to announce earnings of $1.56 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Harley-Davidson (NYSE:HOG) last issued its quarterly earnings results on Thursday, February 8th. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $875.29 million. During the same period last year, the company earned $0.28 earnings per share. Harley-Davidson’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 Stock Performance

HOG stock opened at $39.03 on Tuesday. The company has a quick ratio of 1.25, a current ratio of 1.53 and a debt-to-equity ratio of 1.53. The business’s fifty day simple moving average is $39.86 and its two-hundred day simple moving average is $34.81. Harley-Davidson has a twelve month low of $25.43 and a twelve month high of $44.16. The firm has a market cap of $5.25 billion, a price-to-earnings ratio of 8.10, a PEG ratio of 2.50 and a beta of 1.43.

Harley-Davidson Increases Dividend

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

Wall Street Analyst Weigh In

A number of research firms have weighed in on HOG. BMO Capital Markets increased their target price on Harley-Davidson from $45.00 to $50.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 3rd. UBS Group raised 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. DA Davidson raised 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. Citigroup raised their price target on Harley-Davidson from $36.00 to $37.00 and gave the company a “neutral” rating in a research note on Tuesday, February 27th. Finally, Bank of America raised their price target on Harley-Davidson from $50.00 to $55.00 and gave the company a “buy” rating in a research note on Thursday, March 14th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, Harley-Davidson currently has an average rating of “Moderate Buy” and an average target price of $46.67.

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.