Harley-Davidson, Inc. (HOG) Stock Faces 1.78% Weekly Volatility

The stock of Harley-Davidson, Inc. (HOG) has gone up by 0.95% for the week, with a 17.68% rise in the past month and a 18.92% rise in the past quarter. The volatility ratio for the week is 1.78%, and the volatility levels for the past 30 days are 2.85% for HOG. The simple moving average for the past 20 days is 4.19% for HOG’s stock, with a 25.96% simple moving average for the past 200 days.

Is It Worth Investing in Harley-Davidson, Inc. (NYSE: HOG) Right Now?

The price-to-earnings ratio for Harley-Davidson, Inc. (NYSE: HOG) is above average at 8.95x, Company’s 36-month beta value is 1.46.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 2 as “overweight,” 16 as “hold,” and 1 as “sell.”

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The public float for HOG is 135.63M, and currently, short sellers hold a 5.05% ratio of that floaft. The average trading volume of HOG on April 03, 2024 was 1.61M shares.

HOG) stock’s latest price update

The stock price of Harley-Davidson, Inc. (NYSE: HOG) has surged by 0.15 when compared to previous closing price of 43.09, but the company has seen a 0.95% gain in its stock price over the last five trading sessions. Schwab Network reported 2024-03-05 that Harley-Davidson (HOG) jumps after D.A. Davidson’s dealer checks show retail sales growth.

Analysts’ Opinion of HOG

Many brokerage firms have already submitted their reports for HOG stocks, with DA Davidson repeating the rating for HOG by listing it as a “Buy.” The predicted price for HOG in the upcoming period, according to DA Davidson is $47 based on the research report published on July 21, 2023 of the previous year 2023.

UBS, on the other hand, stated in their research note that they expect to see HOG reach a price target of $40, previously predicting the price at $49. The rating they have provided for HOG stocks is “Neutral” according to the report published on July 13th, 2023.

HOG Trading at 13.93% from the 50-Day Moving Average

After a stumble in the market that brought HOG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.28% of loss for the given period.

Volatility was left at 2.85%, however, over the last 30 days, the volatility rate increased by 1.78%, as shares surge +9.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +27.43% upper at present.

During the last 5 trading sessions, HOG rose by +0.73%, which changed the moving average for the period of 200-days by +24.52% in comparison to the 20-day moving average, which settled at $41.61. In addition, Harley-Davidson, Inc. saw 17.14% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at HOG starting from Masood Rafeh, who purchase 1,302 shares at the price of $38.40 back on Aug 01 ’23. After this action, Masood Rafeh now owns 2,637 shares of Harley-Davidson, Inc., valued at $49,997 using the latest closing price.

Stock Fundamentals for HOG

Current profitability levels for the company are sitting at:

  • 0.13 for the present operating margin
  • 0.37 for the gross margin

The net margin for Harley-Davidson, Inc. stands at 0.12. The total capital return value is set at 0.09. Equity return is now at value 22.95, with 5.98 for asset returns.

Based on Harley-Davidson, Inc. (HOG), the company’s capital structure generated 0.69 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at 2.2. The interest coverage ratio of the stock is -488.46.

Currently, EBITDA for the company is 896.36 million with net debt to EBITDA at 6.81. When we switch over and look at the enterprise to sales, we see a ratio of 1.96. The receivables turnover for the company is 2.45for trailing twelve months and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.53.

Conclusion

In a nutshell, Harley-Davidson, Inc. (HOG) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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