Harley-Davidson Inc (HOG) was Reiterated by Wedbush to “Neutral” while Lowering the Price Target of the company shares to $ 42 from a previous price target of $46 . Wedbush advised their investors in a research report released on Apr 13, 2016.
Many Wall Street Analysts have commented on Harley-Davidson Inc. Company shares were Reiterated by Wunderlich on Mar 30, 2016 to “Hold”, Firm has raised the Price Target to $ 52 from a previous price target of $44 .Sterne Agee CRT Initiated Harley-Davidson Inc on Mar 11, 2016 to “Neutral”, Price Target of the shares are set at $52.Shares were Reiterated by RBC Capital Mkts on Jan 29, 2016 to “Sector Perform” and Lowered the Price Target to $ 43 from a previous price target of $44 .
On the company’s financial health, Harley-Davidson Inc reported $0.22 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jan 28, 2016. Analyst had a consensus of $0.21. The company had revenue of $1007.10 million for the quarter, compared to analysts expectations of $1025.82 million. The company’s revenue was down -2.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.35 EPS.
Harley-Davidson Inc opened for trading at $44.89 and hit $46.22 on the upside on Monday, eventually ending the session at $45.23, with a gain of 1.37% or 0.61 points. The heightened volatility saw the trading volume jump to 22,99,238 shares. Company has a market cap of $8,323 M.
In a different news, on Feb 3, 2016, Lawrence G Hund (President-HDFS) sold 1,554 shares at $40.12 per share price. According to the SEC, on Aug 18, 2015, Mark Hans Richer (SVP, Chief Mktg Officer) sold 10,000 shares at $59.32 per share price. On Aug 17, 2015, George H Conrades (director) sold 3,873 shares at $59.42 per share price, according to the Form-4 filing with the securities and exchange commission.
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) segment and the Financial Services segment. The Motorcycles segment consists of HDMC which designs manufactures and sells street-legal Harley-Davidson motorcycles as well as a line of motorcycle parts accessories general merchandise and related services. The Company’s products are sold to retail customers through a network of independent dealers. The Financial Services segment consists of HDFS which provides wholesale and retail financing and insurance and insurance-related programs to Harley-Davidson dealers and their retail customers. The Company conducts its business around the world including in North America Europe the Middle East and Africa (EMEA); Asia-Pacific and Latin America.