Analysts expect Harley-Davidson Inc (NYSE:HOG) to post earnings per share (EPS) of $0.48 for the current fiscal quarter, according to Zacks Investment Research. Seven analysts have issued estimates for Harley-Davidson’s earnings, with the lowest EPS estimate coming in at $0.42 and the highest estimate coming in at $0.55. Harley-Davidson reported earnings per share of $0.40 during the same quarter last year, which would suggest a positive year-over-year growth rate of 20%. The firm is scheduled to report its next earnings report on Tuesday, October 16th.

On average, analysts expect that Harley-Davidson will report full year earnings of $3.25 per share for the current year, with EPS estimates ranging from $3.03 to $3.35. For the next financial year, analysts expect that the firm will post earnings of $3.54 per share, with EPS estimates ranging from $3.29 to $3.71. Zacks Investment Research’s EPS averages are a mean average based on a survey of analysts that cover Harley-Davidson.

Harley-Davidson (NYSE:HOG) last issued its quarterly earnings data on Tuesday, July 24th. The company reported $1.52 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.41 by $0.11. Harley-Davidson had a return on equity of 31.70% and a net margin of 10.08%. The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same period last year, the business earned $1.48 EPS. The firm’s revenue was down 3.3% compared to the same quarter last year.

A number of research analysts recently weighed in on the company. Argus raised their price objective on Harley-Davidson from $48.00 to $50.00 and gave the company a “buy” rating in a research note on Wednesday, June 20th. Stifel Nicolaus raised their price objective on Harley-Davidson from $45.00 to $46.00 and gave the company a “hold” rating in a research note on Wednesday, July 25th. ValuEngine raised Harley-Davidson from a “strong sell” rating to a “sell” rating in a research note on Tuesday, July 24th. Citigroup raised their price objective on Harley-Davidson from $50.00 to $53.00 and gave the company a “buy” rating in a research note on Wednesday, August 8th. Finally, Zacks Investment Research downgraded Harley-Davidson from a “buy” rating to a “hold” rating in a research note on Monday, June 11th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company. Harley-Davidson has an average rating of “Hold” and an average target price of $48.17.

In other Harley-Davidson news, insider Lawrence G. Hund sold 37,040 shares of Harley-Davidson stock in a transaction that occurred on Friday, August 10th. The stock was sold at an average price of $43.33, for a total value of $1,604,943.20. Following the transaction, the insider now directly owns 29,715 shares of the company’s stock, valued at approximately $1,287,550.95. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Jochen Zeitz sold 1,598 shares of Harley-Davidson stock in a transaction that occurred on Monday, August 6th. The stock was sold at an average price of $43.50, for a total value of $69,513.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 51,225 shares of company stock worth $2,221,739. Company insiders own 0.58% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of HOG. Whittier Trust Co. acquired a new stake in shares of Harley-Davidson during the 2nd quarter worth approximately $112,000. W.G. Shaheen & Associates DBA Whitney & Co acquired a new stake in shares of Harley-Davidson during the 1st quarter worth approximately $103,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of Harley-Davidson during the 2nd quarter worth approximately $183,000. Cribstone Capital Management LLC grew its holdings in shares of Harley-Davidson by 75.0% during the 2nd quarter. Cribstone Capital Management LLC now owns 2,800 shares of the company’s stock worth $118,000 after purchasing an additional 1,200 shares in the last quarter. Finally, Banco de Sabadell S.A acquired a new stake in shares of Harley-Davidson during the 1st quarter worth approximately $127,000. 85.87% of the stock is currently owned by institutional investors.

Shares of HOG stock traded up $0.08 during trading on Wednesday, reaching $44.48. The company had a trading volume of 892,800 shares, compared to its average volume of 2,438,953. The company has a debt-to-equity ratio of 2.25, a quick ratio of 1.21 and a current ratio of 1.35. Harley-Davidson has a one year low of $39.34 and a one year high of $56.50. The company has a market capitalization of $7.39 billion, a price-to-earnings ratio of 12.71, a PEG ratio of 1.43 and a beta of 0.97.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 28th. Shareholders of record on Tuesday, September 18th will be given a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 3.33%. The ex-dividend date of this dividend is Monday, September 17th. Harley-Davidson’s dividend payout ratio is currently 42.29%.

Harley-Davidson Company Profile

Harley-Davidson, Inc primarily manufactures and sells cruiser and touring motorcycles. The company operates in two segments, Motorcycles & Related Products, and Financial Services. The Motorcycles & Related Products segment designs, manufactures, and sells at wholesale on-road Harley-Davidson motorcycles, as well as motorcycle parts, accessories, general merchandise, and related services.

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Earnings History and Estimates for Harley-Davidson (NYSE:HOG)

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