DA Davidson Decreases Earnings Estimates for Harley-Davidson

Harley-Davidson, Inc. (NYSE:HOG - Free Report) - DA Davidson dropped their FY2025 earnings per share (EPS) estimates for Harley-Davidson in a research report issued to clients and investors on Wednesday, February 5th. DA Davidson analyst B. Rolle now expects that the company will earn $3.25 per share for the year, down from their previous forecast of $4.25. DA Davidson has a "Buy" rating and a $31.00 price target on the stock. The consensus estimate for Harley-Davidson's current full-year earnings is $3.65 per share.

Other equities research analysts have also recently issued reports about the company. Robert W. Baird cut their target price on Harley-Davidson from $40.00 to $36.00 and set a "neutral" rating on the stock in a research note on Tuesday, December 31st. Citigroup lowered their price target on Harley-Davidson from $31.00 to $29.00 and set a "neutral" rating on the stock in a report on Thursday, February 6th. StockNews.com raised Harley-Davidson from a "sell" rating to a "hold" rating in a report on Wednesday, November 27th. Morgan Stanley lowered their price target on Harley-Davidson from $33.00 to $31.00 and set an "equal weight" rating on the stock in a report on Thursday, February 6th. Finally, Bank of America lowered their price target on Harley-Davidson from $40.00 to $35.00 and set a "buy" rating on the stock in a report on Thursday, January 30th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Harley-Davidson has an average rating of "Hold" and a consensus target price of $34.57.

Harley-Davidson Stock Up 1.9 %

Shares of NYSE HOG traded up $0.50 during trading on Friday, reaching $26.27. The company had a trading volume of 1,019,415 shares, compared to its average volume of 2,377,095. Harley-Davidson has a 12-month low of $25.25 and a 12-month high of $44.16. The stock has a market cap of $3.34 billion, a PE ratio of 7.87, a P/E/G ratio of 0.36 and a beta of 1.46. The business's 50-day moving average is $29.74 and its 200 day moving average is $33.45. The company has a quick ratio of 1.25, a current ratio of 1.40 and a debt-to-equity ratio of 1.41.

Harley-Davidson (NYSE:HOG - Get Free Report) last released its earnings results on Wednesday, February 5th. The company reported ($0.93) EPS for the quarter, missing analysts' consensus estimates of ($0.65) by ($0.28). Harley-Davidson had a return on equity of 13.64% and a net margin of 9.25%. During the same period in the previous year, the firm earned $0.18 earnings per share.

Harley-Davidson Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Tuesday, December 10th were issued a $0.1725 dividend. This represents a $0.69 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date was Tuesday, December 10th. Harley-Davidson's dividend payout ratio is 20.72%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Venturi Wealth Management LLC raised its stake in shares of Harley-Davidson by 172.0% in the fourth quarter. Venturi Wealth Management LLC now owns 876 shares of the company's stock worth $26,000 after buying an additional 554 shares during the period. Prospera Private Wealth LLC bought a new position in shares of Harley-Davidson in the third quarter worth about $35,000. Ashton Thomas Securities LLC bought a new position in shares of Harley-Davidson in the third quarter worth about $38,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Harley-Davidson in the fourth quarter worth about $42,000. Finally, Global Retirement Partners LLC raised its stake in shares of Harley-Davidson by 84.3% in the fourth quarter. Global Retirement Partners LLC now owns 1,850 shares of the company's stock worth $56,000 after buying an additional 846 shares during the period. Institutional investors own 85.10% of the company's stock.

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.