Harley-Davidson Inc (NYSE:HOG) – Investment analysts at William Blair issued their Q1 2020 earnings per share (EPS) estimates for shares of Harley-Davidson in a research note issued on Tuesday, October 22nd. William Blair analyst S. Zackfia forecasts that the company will earn $1.04 per share for the quarter. William Blair also issued estimates for Harley-Davidson’s Q2 2020 earnings at $1.59 EPS, Q4 2020 earnings at $0.32 EPS and FY2021 earnings at $3.68 EPS.
Harley-Davidson (NYSE:HOG) last issued its quarterly earnings results on Tuesday, October 22nd. The company reported $0.70 EPS for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.03. Harley-Davidson had a return on equity of 28.84% and a net margin of 7.55%. The company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter last year, the business earned $0.83 earnings per share. Harley-Davidson’s revenue was down 4.9% on a year-over-year basis.
Harley-Davidson stock opened at $38.75 on Friday. Harley-Davidson has a 12-month low of $30.17 and a 12-month high of $43.69. The company has a quick ratio of 1.03, a current ratio of 1.11 and a debt-to-equity ratio of 2.51. The business’s 50-day moving average price is $35.35 and its two-hundred day moving average price is $35.35. The stock has a market cap of $6.20 billion, a PE ratio of 10.25, a P/E/G ratio of 1.43 and a beta of 1.21.
The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Tuesday, September 17th were given a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date of this dividend was Monday, September 16th. Harley-Davidson’s dividend payout ratio is presently 39.68%.
Institutional investors have recently added to or reduced their stakes in the business. Rhumbline Advisers boosted its stake in shares of Harley-Davidson by 0.4% during the third quarter. Rhumbline Advisers now owns 242,847 shares of the company’s stock valued at $8,735,000 after purchasing an additional 1,018 shares in the last quarter. AdvisorNet Financial Inc boosted its stake in shares of Harley-Davidson by 65.7% during the third quarter. AdvisorNet Financial Inc now owns 1,016 shares of the company’s stock valued at $37,000 after purchasing an additional 403 shares in the last quarter. State of New Jersey Common Pension Fund D boosted its stake in shares of Harley-Davidson by 4.8% during the third quarter. State of New Jersey Common Pension Fund D now owns 125,800 shares of the company’s stock valued at $4,525,000 after purchasing an additional 5,800 shares in the last quarter. World Asset Management Inc boosted its stake in shares of Harley-Davidson by 5.5% during the third quarter. World Asset Management Inc now owns 12,870 shares of the company’s stock valued at $463,000 after purchasing an additional 670 shares in the last quarter. Finally, Virginia Retirement Systems ET AL boosted its stake in shares of Harley-Davidson by 4.0% during the third quarter. Virginia Retirement Systems ET AL now owns 97,200 shares of the company’s stock valued at $3,496,000 after purchasing an additional 3,700 shares in the last quarter. Hedge funds and other institutional investors own 93.52% of the company’s stock.
Harley-Davidson Company Profile
Harley-Davidson, Inc manufactures and sells custom, cruiser, and touring motorcycles. The company operates in two segments, Motorcycles and Related Products and Financial Services. The Motorcycles and Related Products segment designs, manufactures, and sells on-road Harley-Davidson motorcycles, including cruiser, touring, standard, sportbike, and dual models, as well as motorcycle parts, accessories, general merchandise, and related services.
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