Harley-Davidson Inc. (NYSE: HOG) has reported earnings for its third fiscal quarter (ending September 30) of $0.92 versus $1.40 for the same period a year ago — a decline of -34%. E.P.S. were $4.49 for the latest four quarters through September 30 versus $5.03 for the same period a year ago — a decline of -11%.
Recent Price Action
Harley-Davidson Inc. (NYSE: HOG) stock suffered a large decline of -7.2% on 10/24/24. The stock closed at $31.67. Moreover, trading volume in this decline was exceptionally high at 225% of normal. The stock has declined -13.3% during the last week and has performed in line with the market over the last nine months.
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 C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Harley-Davidson has a good Appreciation Score of 79 but a neutral Power Rating of 41, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment