FY2025 EPS Forecast for Harley-Davidson Decreased by Analyst

Harley-Davidson, Inc. (NYSE:HOG) – Equities researchers at DA Davidson reduced their FY2025 earnings per share estimates for shares of Harley-Davidson in a note issued to investors on Wednesday, February 5th. DA Davidson analyst B. Rolle now anticipates that the company will earn $3.25 per share for the year, down from their prior forecast of $4.25. DA Davidson currently 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 $3.62 per share.

HOG has been the topic of a number of other research reports. Robert W. Baird reduced their price target 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. Bank of America reduced their price target on Harley-Davidson from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Thursday, January 30th. Morgan Stanley reduced their price target on Harley-Davidson from $33.00 to $31.00 and set an “equal weight” rating on the stock in a research note on Thursday. Citigroup cut their target price on Harley-Davidson from $31.00 to $29.00 and set a “neutral” rating on the stock in a research report on Thursday. Finally, UBS Group cut their target price on Harley-Davidson from $40.00 to $35.00 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $34.57.

Harley-Davidson Price Performance

Shares of NYSE:HOG opened at $26.72 on Friday. Harley-Davidson has a one year low of $25.25 and a one year high of $44.16. The stock has a market cap of $3.40 billion, a PE ratio of 6.02, a price-to-earnings-growth ratio of 0.33 and a beta of 1.46. The business’s fifty day moving average price is $30.04 and its two-hundred day moving average price is $33.60. The company has a debt-to-equity ratio of 1.38, a quick ratio of 1.25 and a current ratio of 1.41.

Harley-Davidson (NYSE:HOG) last announced 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 net margin of 11.31% and a return on equity of 17.79%. During the same period last year, the firm posted $0.18 EPS.

Hedge Funds Weigh In On Harley-Davidson

Hedge funds have recently bought and sold shares of the company. Mork Capital Management LLC acquired a new position in Harley-Davidson in the third quarter worth about $1,926,000. Barclays PLC boosted its stake in Harley-Davidson by 135.7% in the third quarter. Barclays PLC now owns 282,932 shares of the company’s stock valued at $10,900,000 after acquiring an additional 162,899 shares during the period. Quantinno Capital Management LP boosted its stake in Harley-Davidson by 151.3% in the third quarter. Quantinno Capital Management LP now owns 50,475 shares of the company’s stock valued at $1,945,000 after acquiring an additional 30,388 shares during the period. Quantbot Technologies LP boosted its stake in Harley-Davidson by 190.4% in the third quarter. Quantbot Technologies LP now owns 172,258 shares of the company’s stock valued at $6,637,000 after acquiring an additional 112,948 shares during the period. Finally, Franklin Resources Inc. bought a new stake in shares of Harley-Davidson during the third quarter valued at approximately $2,725,000. 85.10% of the stock is currently owned by institutional investors and hedge funds.

Harley-Davidson Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Investors of record on Tuesday, December 10th were paid a $0.1725 dividend. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $0.69 dividend on an annualized basis and a yield of 2.58%. Harley-Davidson’s dividend payout ratio (DPR) is 15.54%.

About Harley-Davidson

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.