Harley-Davidson (HOG) Scheduled to Post Quarterly Earnings on Thursday

Harley-Davidson (NYSE:HOG) is set to announce 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. Parties interested in listening to the company’s conference call can do so using this link.

Harley-Davidson (NYSE:HOG) last released its earnings results on Thursday, February 8th. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.14. The business had revenue of $791.65 million during the quarter, compared to the consensus estimate of $875.29 million. Harley-Davidson had a net margin of 12.11% and a return on equity of 22.00%. The company’s revenue for the quarter was down 13.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.28 EPS. 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

Shares of HOG stock opened at $39.73 on Wednesday. The company has a market cap of $5.34 billion, a price-to-earnings ratio of 8.24, a price-to-earnings-growth ratio of 2.50 and a beta of 1.43. Harley-Davidson has a 52 week low of $25.43 and a 52 week high of $44.16. 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 firm has a 50 day moving average of $39.91 and a 200-day moving average of $34.88.

Harley-Davidson Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Monday, March 4th were issued a $0.1725 dividend. This is a boost 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 1.74%. The ex-dividend date was Friday, March 1st. Harley-Davidson’s dividend payout ratio (DPR) is currently 14.32%.

Analyst Ratings Changes

A number of research analysts have weighed in on HOG shares. DA Davidson lifted their target price on Harley-Davidson from $42.00 to $49.00 and gave the company a “buy” rating in a report on Thursday, April 11th. Citigroup lifted their target price on Harley-Davidson from $36.00 to $37.00 and gave the company a “neutral” rating in a report on Tuesday, February 27th. Morgan Stanley initiated coverage on Harley-Davidson in a report on Tuesday. They set an “overweight” rating and a $50.00 target price for the company. Bank of America boosted their price objective on Harley-Davidson from $50.00 to $55.00 and gave the stock a “buy” rating in a report on Thursday, March 14th. Finally, 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. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $47.14.

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.