Analysts at Northcoast Research assumed coverage on shares of Harley-Davidson Inc. (NYSE:HOG) in a report released on Friday. The firm set a “neutral” rating on the stock.

Several other analysts also recently commented on the stock. Wedbush reaffirmed a “hold” rating on shares of Harley-Davidson in a report on Saturday, September 17th. RBC Capital Markets raised shares of Harley-Davidson from an “underperform” rating to a “sector perform” rating and upped their price objective for the company from $46.00 to $57.00 in a report on Tuesday, November 15th. Royal Bank Of Canada raised shares of Harley-Davidson from an “underperform” rating to a “sector perform” rating and upped their price objective for the company from $46.00 to $57.00 in a report on Tuesday, November 15th. Barclays PLC downgraded shares of Harley-Davidson from an “equal weight” rating to an “underperform” rating and dropped their price objective for the company from $49.00 to $45.00 in a report on Friday, July 29th. Finally, Vetr raised shares of Harley-Davidson from a “sell” rating to a “hold” rating and set a $53.25 price objective on the stock in a report on Thursday, September 8th. Three equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $52.83.

Analyst Recommendations for Harley-Davidson (NYSE:HOG)

Shares of Harley-Davidson (NYSE:HOG) opened at 58.65 on Friday. The firm has a 50-day moving average of $54.95 and a 200-day moving average of $50.69. The company has a market capitalization of $10.47 billion, a P/E ratio of 15.70 and a beta of 0.96. Harley-Davidson has a one year low of $36.36 and a one year high of $61.35.

Harley-Davidson (NYSE:HOG) last issued its quarterly earnings results on Tuesday, October 18th. The company reported $0.64 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.64. Harley-Davidson had a net margin of 12.86% and a return on equity of 35.49%. The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the prior year, the business posted $0.69 EPS. Harley-Davidson’s revenue for the quarter was down 4.3% compared to the same quarter last year. Analysts forecast that Harley-Davidson will post $3.88 earnings per share for the current year.

In other Harley-Davidson news, Director Donald A. James sold 100,000 shares of the stock in a transaction dated Wednesday, November 2nd. The shares were sold at an average price of $56.13, for a total transaction of $5,613,000.00. Following the completion of the transaction, the director now owns 5,523 shares of the company’s stock, valued at $310,005.99. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Joanne M. Bischmann sold 5,037 shares of the stock in a transaction dated Monday, November 14th. The stock was sold at an average price of $60.00, for a total transaction of $302,220.00. Following the transaction, the vice president now directly owns 6,771 shares of the company’s stock, valued at approximately $406,260. The disclosure for this sale can be found here. Corporate insiders own 0.99% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. National Pension Service raised its position in shares of Harley-Davidson by 4.6% in the first quarter. National Pension Service now owns 138,247 shares of the company’s stock valued at $7,096,000 after buying an additional 6,034 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Harley-Davidson by 6.4% in the first quarter. Envestnet Asset Management Inc. now owns 15,264 shares of the company’s stock valued at $784,000 after buying an additional 919 shares during the period. LPL Financial LLC raised its position in shares of Harley-Davidson by 2.2% in the first quarter. LPL Financial LLC now owns 48,505 shares of the company’s stock valued at $2,419,000 after buying an additional 1,053 shares during the period. MIG Capital LLC raised its position in shares of Harley-Davidson by 10.0% in the first quarter. MIG Capital LLC now owns 673,828 shares of the company’s stock valued at $34,588,000 after buying an additional 61,152 shares during the period. Finally, Squarepoint Ops LLC raised its position in shares of Harley-Davidson by 19.0% in the first quarter. Squarepoint Ops LLC now owns 46,710 shares of the company’s stock valued at $2,398,000 after buying an additional 7,470 shares during the period. 95.62% of the stock is owned by institutional investors.

Harley-Davidson Company Profile

Harley-Davidson, Inc is the parent company for the groups of companies doing business as Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS). The Company operates in two segments: the Motorcycles & Related Products (Motorcycles) and the Financial Services. The Motorcycles segment consists of HDMC, which designs, manufactures and sells at wholesale on-road l Harley-Davidson motorcycles, as well as a line of motorcycle parts, accessories, general merchandise and related services.

5 Day Chart for NYSE:HOG

Receive News & Stock Ratings for Harley-Davidson Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Harley-Davidson Inc. and related stocks with our FREE daily email newsletter.