2016 shows sales drop for Harley-Davidson by 3.9%

Adjust Comment Print

Visit MarketWatch.com for more information on this news. After the day trading kicked off at $38.61, the stock was seen approaching $37.73 as its bottom price and $38.63 as its intraday high price. Of them, 0 have a Sell, 2 suggested Buy, 3 said Outperform and 14 called Hold rating for the stock, based on Thomson Reuters I/B/E/S. 3 recommends the stock is "underperforming". Analysts rating the company a 3 indicate a Hold recommendation. For the Trailing twelve month period, company showed a Net Profit Margin of 12.86% and Return on Equity of the stock is 35.49%. Company shares have been recently noted at -9.36% off of the 52 week high and 55.12% away from the 52 week low. In the last Quarter, HOG reported a surprise Earnings per Share of 1.59%.

More news: Hillary Clinton turns over a new leaf

Harley-Davidson spokeswoman Maripat Blankenheim was responding to a question regarding a Facebook post from an organization calling itself the Milwaukee Coalition Against Trump. They now have a $53.00 target price on the stock, up from their previous target price of $45.00. Consolidated revenue was $1.1 billion for the quarter. Harley-Davidson, Inc. (HOG) fourth quarter 2016 diluted EPS raised 22.7 percent to $0.27 contrast to $0.22 in the same period of 2015. Finally, Wunderlich reiterated a "hold" rating and issued a $52.00 price objective on shares of Harley-Davidson in a research report on Tuesday, October 18th.

More news: Spicer Pushes Back Against Criticism of White House Holocaust Statement

Despite the fact that on Tuesday afternoon the USA motorcycle manufacturer denied that there was a planned visit, let alone that one was canceled, White House press spokesperson Stephanie Grisham confirmed that Trump's unannounced Thursday visit was canceled because the corporation "wasn't comfortable hosting him amid planned protests", according to CNN. The firm's quarterly revenue was down 7.4% on a year-over-year basis. The decline was even larger in the U.S.as sales were 3.9% lower. For the quarter, the stock has changed 4.94%. Analysts rating the company a 1 or 2 indicate a Buy recommendation. The number of shares now owned by investors are 350.54 mln. Stock performance in last five sessions is recorded as -2.38% while year to date (YTD) performance is 17.14%. Tredje AP fonden now owns 3,850 shares of the company's stock valued at $174,000 after buying an additional 3,590 shares in the last quarter.

More news: Boat with 28 Chinese tourists missing in Malaysia

Comments