Monitoring the signals for Harley-Davidson Inc (HOG), we have seen that the Percentage Price Oscillator is now lower than the signal line.
Harley-Davidson (NYSE:HOG) last announced its quarterly earnings results on Tuesday, July 18th. They now have a $48.00 price objective on the stock, down from their previous price objective of $51.00.
Several research analysts recently commented on the stock. Finally, ValuEngine upgraded shares of Harley-Davidson from a "hold" rating to a "buy" rating in a report on Friday, July 7th. BMO Capital Markets restated a "buy" rating and issued a $56.00 price target on shares of Harley-Davidson in a research note on Friday, September 8th.
Harley-Davidson, Inc is the parent company for the groups of companies doing business as Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS). Jefferies Group LLC reiterated a "hold" rating and issued a $49.00 target price on shares of Harley-Davidson in a report on Tuesday, July 4th. Three investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and five have assigned a buy rating to the company. The company has an average rating of Hold and a consensus target price of $52.38.
Harley-Davidson Inc (HOG) now has a 50-day moving average of 47.66, the 200-day is at 54.12, and the 7-day is 46.99. Harley-Davidson has a one year low of $45.53 and a one year high of $63.40. Using a longer term moving average such as the 200-day may help block out the noise and chaos that is sometimes created by daily price fluctuations.
Harley-Davidson (NYSE HOG) traded down 0.723% during midday trading on Wednesday, hitting $45.985. The company reported $1.48 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.38 by $0.10. Harley-Davidson had a net margin of 12.30% and a return on equity of 30.51%. The business had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.60 billion. The firm owned 108,806 shares of the company's stock after selling 9,431 shares during the quarter. The company's revenue for the quarter was down 5.6% on a year-over-year basis. On average, equities analysts predict that Harley-Davidson will post $3.38 EPS for the current year.
ILLEGAL ACTIVITY NOTICE: This piece of content was published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this report on another publication, it was stolen and republished in violation of US and global trademark & copyright laws. The original version of this report can be accessed at https://www.truebluetribune.com/2017/10/11/harley-davidson-inc-hog-position-reduced-by-voya-investment-management-llc.html. Stockholders of record on Tuesday, September 12th were paid a dividend of $0.365 per share. The ex-dividend date was Monday, September 11th. Finally, OppenheimerFunds Inc. raised its position in Harley-Davidson by 3.8% in the 1st quarter.
The 14-day ADX for Harley-Davidson Inc (HOG) is now sitting at 20.15.
In other Harley-Davidson news, insider Lawrence G. Hund sold 15,013 shares of Harley-Davidson stock in a transaction on Wednesday, August 30th. The shares were sold at an average price of $47.18, for a total transaction of $708,313.34. Following the completion of the transaction, the insider now owns 23,673 shares in the company, valued at approximately $1,116,892.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock.
Harley-Davidson Inc (HOG)'s Williams Percent Range or 14 day Williams %R presently is at -91.03. Northwestern Mutual Wealth Management Co. raised its holdings in Harley-Davidson by 0.9% in the 2nd quarter. NY now owns 187,682 shares of the company's stock worth $10,139,000 after purchasing an additional 13,897 shares in the last quarter. Thompson Investment Management Inc. raised its holdings in Harley-Davidson by 0.9% during the second quarter.