Harley-Davidson, Inc (NYSE: HOG) has a higher price-to-earnings ratio of 7.61x compared to its average ratio. HOG has 36-month beta value of 1.48. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 16 as “hold,” and 1 as “sell.”
The public float for HOG is 126.22M, and currently, short sellers hold a 8.20% ratio of that float. The average trading volume of HOG on November 28, 2024 was 1.71M shares.
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HOG) stock’s latest price update
Harley-Davidson, Inc (NYSE: HOG)’s stock price has soared by 0.84 in relation to previous closing price of 33.46. Nevertheless, the company has seen a gain of 3.85% in its stock price over the last five trading days. prnewswire.com reported 2024-11-27 that MILWAUKEE, Nov. 27, 2024 /PRNewswire/ — The Harley-Davidson, Inc. (NYSE: HOG) Board of Directors has approved a cash dividend of $0.1725 per share for the fourth quarter of 2024. The dividend is payable December 23, 2024 to the shareholders of record of the Company’s common stock as of December 10, 2024.
HOG’s Market Performance
Harley-Davidson, Inc (HOG) has experienced a 3.85% rise in stock performance for the past week, with a 3.40% rise in the past month, and a -10.12% drop in the past quarter. The volatility ratio for the week is 2.82%, and the volatility levels for the past 30 days are at 2.60% for HOG. The simple moving average for the last 20 days is 2.88% for HOG’s stock, with a simple moving average of -6.88% for the last 200 days.
Analysts’ Opinion of HOG
Many brokerage firms have already submitted their reports for HOG stocks, with Robert W. Baird repeating the rating for HOG by listing it as a “Neutral.” The predicted price for HOG in the upcoming period, according to Robert W. Baird is $40 based on the research report published on October 02, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see HOG reach a price target of $50. The rating they have provided for HOG stocks is “Overweight” according to the report published on April 23rd, 2024.
DA Davidson gave a rating of “Buy” to HOG, setting the target price at $47 in the report published on July 21st of the previous year.
HOG Trading at -2.25% 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 -23.60% of loss for the given period.
Volatility was left at 2.60%, however, over the last 30 days, the volatility rate increased by 2.82%, as shares surge +4.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.04% lower at present.
During the last 5 trading sessions, HOG rose by +3.85%, which changed the moving average for the period of 200-days by -8.29% in comparison to the 20-day moving average, which settled at $32.80. In addition, Harley-Davidson, Inc saw -8.41% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HOG starting from Sylvester Maryrose, who sale 4,278 shares at the price of $32.25 back on Oct 30 ’24. After this action, Sylvester Maryrose now owns 17,687 shares of Harley-Davidson, Inc, valued at $137,966 using the latest closing price.
Sylvester Maryrose, the Director of Harley-Davidson, Inc, proposed sale 4,278 shares at $32.90 during a trade that took place back on Oct 30 ’24, which means that Sylvester Maryrose is holding shares at $140,746 based on the most recent closing price.
Stock Fundamentals for HOG
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.31 for the gross margin
The net margin for Harley-Davidson, Inc stands at 0.11. The total capital return value is set at 0.07. Equity return is now at value 17.74, with 4.69 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 0.13. The debt to equity ratio resting at 2.27. The interest coverage ratio of the stock is 20.23.
Currently, EBITDA for the company is 1.06 billion with net debt to EBITDA at 6.68. When we switch over and look at the enterprise to sales, we see a ratio of 1.78. The receivables turnover for the company is 2.13for trailing twelve months and the total asset turnover is 0.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.41.
Conclusion
To put it simply, Harley-Davidson, Inc (HOG) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.