Harley-Davidson Inc. (NYSE: HOG) has reported E.P.S. of $1.64 for its second fiscal quarter (ending June 30) versus $1.24 for the same period a year ago — an increase of 32%. This performance was $0.23 better than the consensus estimate of $1.41. E.P.S. were $4.95 for the latest four quarters through June 30 versus $5.41 for the same period a year ago — a decline of -9%.
Recent Price Action
On 7/25/24, Harley-Davidson Inc. (NYSE: HOG) stock enjoyed a very large increase of 7.4%, closing at $36.39. Moreover, exceptionally high trading volume at 347% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 0.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above 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). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Harley-Davidson has a neutral Power Rating of 52 but a good Appreciation Score of 79, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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