For its first fiscal quarter (ending March 31), Harley-Davidson Inc. (NYSE: HOG) has reported E.P.S. of $1.73 compared to $2.08 a year ago. For the latest four quarters through March 31, E.P.S. were $4.56 compared to $5.63 a year ago.
Recent Price Action
Harley-Davidson Inc. (NYSE: HOG) stock closed at $33.23 on 4/25/24 after a major decline of -15.7%. Moreover, this decline was accompanied by exceptionally high trading volume at 540% of normal. The stock has declined -12.4% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, HOG is expected to continue to be an important Value Builder.
Harley-Davidson has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Harley-Davidson has a slightly positive Power Rating of 65 and a good Appreciation Score of 72, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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