Harley-Davidson (HOG) Stock Price, News & Analysis

Company Overview

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. This segment sells its products to retail customers through a network of independent dealers, as well as e-commerce channels. The LiveWire segment sells electric motorcycles, balance bikes for kids, parts and accessories, apparel, and related parts and services. The Harley-Davidson Financial Services segment provides wholesale financing services, such as floorplan and open account financing of motorcycles, and parts and accessories; and retail financing services, such as installment lending for the purchase of new and used Harley-Davidson motorcycles, as well as point-of-sale insurance and voluntary protection products. This segment also licenses third-party financial institutions that issue credit cards bearing the Harley-Davidson brand. Harley-Davidson, Inc. was founded in 1903 and is based in Milwaukee, Wisconsin.

Key Stats

• Today's Range: $30.19 to $31.15
• 50-Day Range: $30.17 to $36.65
• 52-Week Range: $29.74 to $44.16
• Volume: 5.35 million shs
• Average Volume: 1.69 million shs
• Market Capitalization: $3.92 billion
• P/E Ratio: 6.93
• Dividend Yield: 2.24%
• Price Target: $42.57
• Consensus Rating: Moderate Buy

Harley-Davidson Stock Analysis - MarketRank™

Harley-Davidson scored higher than 99% of companies evaluated by MarketBeat, and ranked 2nd out of 91 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Harley-Davidson has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Harley-Davidson has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 15.70%

Earnings Growth

Earnings for Harley-Davidson are expected to grow by 15.70% in the coming year, from $3.63 to $4.20 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Harley-Davidson is 6.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Harley-Davidson is 6.93, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 11.22.

Price to Earnings Growth Ratio

Harley-Davidson has a PEG Ratio of 0.45. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Harley-Davidson has a P/B Ratio of 1.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

7.67% of the float of Harley-Davidson has been sold short.

Short Interest Ratio / Days to Cover

Harley-Davidson has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in Harley-Davidson has recently decreased by 6.47%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Harley-Davidson pays a meaningful dividend of 2.19%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Harley-Davidson does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Harley-Davidson is 15.54%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Harley-Davidson will have a dividend payout ratio of 16.43% next year. This indicates that Harley-Davidson will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -5.90

Percentage of Shares Shorted

7.67% of the float of Harley-Davidson has been sold short.

Short Interest Ratio / Days to Cover

Harley-Davidson has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in Harley-Davidson has recently decreased by 6.47%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.13

News Sentiment

Harley-Davidson has a news sentiment score of 0.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Harley-Davidson this week, compared to 7 articles on an average week.

Search Interest

Only 4 people have searched for HOG on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

MarketBeat Follows

Only 5 people have added Harley-Davidson to their MarketBeat watchlist in the last 30 days. This is a decrease of -29% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Harley-Davidson insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $137,966.00 in company stock.

Percentage Held by Insiders

Only 0.87% of the stock of Harley-Davidson is held by insiders.

Percentage Held by Institutions

85.10% of the stock of Harley-Davidson is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HOG Stock Analysis - Frequently Asked Questions

How have HOG shares performed this year?

Harley-Davidson's stock was trading at $36.84 at the beginning of the year. Since then, HOG shares have decreased by 16.5% and is now trading at $30.75.
View the best growth stocks for 2024 here.

How were Harley-Davidson's earnings last quarter?

Harley-Davidson, Inc. (NYSE:HOG) issued its quarterly earnings data on Thursday, July, 25th. The company reported $1.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.40 by $0.23. The company's revenue for the quarter was up 12.0% on a year-over-year basis.

Is Harley-Davidson buying back stock?

Harley-Davidson's board authorized a stock buyback program on Thursday, July 25th 2024, which allows the company to repurchase $1,000,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 19.4% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its stock is undervalued.

Does Harley-Davidson have any subsidiaries?

Harley-Davidson subsidiaries include these companies: StaCyc, MV Agusta Group, Buell Distribution Company LLC, Buell Motorcycle Company LLC, Eaglemark Savings Bank, Harley-Davidson Africa (Pty) Limited, Harley-Davidson Asia Pacific LLC, and more.

Who are Harley-Davidson's major shareholders?

Harley-Davidson's top institutional investors include FMR LLC (6.59%), Pacer Advisors Inc. (3.29%), State Street Corp (2.98%) and Geode Capital Management LLC (1.64%). Insiders that own company stock include ZEITZ JOCHEN, Maryrose Sylvester, Jonathan R Root, Rafeh Masood and Mark R Kornetzke.
View institutional ownership trends.

How do I buy shares of Harley-Davidson?

Shares of HOG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Harley-Davidson own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Harley-Davidson investors own include Meta Platforms (META), Tesla (TSLA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Intel (INTC), Exxon Mobil (XOM) and Chevron (CVX).

Company Calendar

• Last Earnings: 7/25/2024
• Ex-Dividend for 9/27 Dividend: 9/16/2024
• Dividend Payable: 9/27/2024
• Ex-Dividend for 12/23 Dividend: 12/10/2024
• Today: 12/21/2024
• Dividend Payable: 12/23/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Auto/Tires/Trucks
• Industry: Motorcycles, bicycles, & parts
• Sub-Industry: Motorcycle Manufacturers
• Current Symbol: NYSE:HOG
• CUSIP: 41282210
• CIK: 793952
• Web: www.harley-davidson.com
• Phone: (414) 342-4680
• Fax: 414-343-4089
• Employees: 6,400
• Year Founded: 1903

Price Target and Rating

• Average Stock Price Target: $42.57
• High Stock Price Target: $50.00
• Low Stock Price Target: $34.00
• Potential Upside/Downside: +38.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.44
• Trailing P/E Ratio: 6.93
• Forward P/E Ratio: 8.47
• P/E Growth: 0.45
• Net Income: $706.59 million
• Net Margins: 11.31%
• Pretax Margin: 13.08%
• Return on Equity: 17.79%
• Return on Assets: 4.76%

Debt

• Debt-to-Equity Ratio: 1.38
• Current Ratio: 1.41
• Quick Ratio: 1.25

Sales & Book Value

• Annual Sales: $5.55 billion
• Price / Sales: 0.71
• Cash Flow: $6.39 per share
• Price / Cash Flow: 4.81
• Book Value: $23.35 per share
• Price / Book: 1.32

Miscellaneous

• Outstanding Shares: 127,327,000
• Free Float: 126,219,000
• Market Cap: $3.92 billion
• Optionable: Optionable
• Beta: 1.47