Harley-Davidson, Inc. (HOG) Growth: It’s Not All About Earnings

Wall Street analysts will be watching closely when Harley-Davidson, Inc. (NYSE:HOG) reports its quarterly earnings next, which is scheduled for Tue 23 Apr (In 16 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $1.35 per share. In the preceding quarter, the company reportedly generated EPS of $0.11 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 12.50%, a profit margin of 9.30%38.00%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Harley-Davidson, Inc. (NYSE:HOG). Most recently, on October 19th, 2018, BMO Capital Markets Downgrade a Market Perform rating. Before that, on October 19th, 2018, BMO Capital Markets Downgrade to Market Perform. Wedbush Reiterated a Neutral rating on October 4th, 2018, Wolfe Research Initiated an Peer Perform rating on October 2nd, 2018, and Stifel Reiterated a Hold rating on July 25th, 2018.

At its current price point, combined with the fact that this company has 162.03M shares outstanding, the current market capitalization sits at 6.53B. In the last trading day, 3,788,082 shares of Harley-Davidson, Inc. were traded, which compares to its usual volume of about 2.34M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $4.65 in the past five trading days, resulting in a percentage change of +13.04% and a moving average of 38.41. In the past 20 days, its price changed by $2.65 (which is +7.04%) and the stock’s moving average was 36.39. Looking back a full 50 days, shares of HOG changed by $3.81 (which is +10.44%) and demonstrated a moving average of 36.68.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 92.29%, a 14-day Stochastic %K score of 92.46% and a 20-day Stochastic %K score of 92.11%. Using a similar metric, Harley-Davidson, Inc. (HOG) shares showed a Stochastic %D of 95.05% over the past 9 days, a Stochastic %D score of 95.11% over the last 14 days, and a 20-day Stochastic %D of 84.86%. Meanwhile, this stock’s MACD Oscillator was 2.03 over the past 9 days, 2.82 over the past two weeks, and 2.72 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $40.31 level. Over the past 12 months, this stock has experienced a high price of $46.79 and a low of $31.36. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

The Vanguard Group Inc purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Harley-Davidson, Inc. (NYSE:HOG) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 17,429,076 shares of the company’s stock following the addition of 41,335 to this investor’s holdings during the three-month period. This share count represents that The Vanguard Group Inc now held 10.92% stake in Harley-Davidson, Inc. (HOG)’s shares.

Just in the most recent trading day, Harley-Davidson, Inc. (NYSE:HOG) experienced a high price of $40.74 and low point of $38.78. At the end of the last trading session, this stock was at 40.31 per share, following a loss of -$39.06, or 3.20% during the full day.

error: Content is protected !!