FY2025 EPS Estimates for Harley-Davidson Raised by Analyst

Key Points

• DA Davidson has raised its FY2025 earnings per share estimate for Harley-Davidson from $2.59 to $4.32, maintaining a "Buy" rating with a target price of $34.00.
• Harley-Davidson's recent quarterly earnings reported $0.88 EPS, which fell short of the consensus estimate of $0.99, despite revenue exceeding expectations at $1.31 billion.
• Institutional investors now own 85.10% of Harley-Davidson's stock, with several funds significantly increasing their stakes in the company this quarter.

Harley-Davidson, Inc. (NYSE:HOG - Free Report) - Stock analysts at DA Davidson increased their FY2025 EPS estimates for Harley-Davidson in a research report issued to clients and investors on Monday, August 25th. DA Davidson analyst G. Bryan now expects that the company will earn $4.32 per share for the year, up from their previous forecast of $2.59. DA Davidson currently has a "Buy" rating and a $34.00 target price on the stock. The consensus estimate for Harley-Davidson's current full-year earnings is $3.44 per share. DA Davidson also issued estimates for Harley-Davidson's FY2026 earnings at $2.75 EPS.

HOG has been the subject of a number of other research reports. Citigroup raised their target price on shares of Harley-Davidson from $24.00 to $27.00 and gave the company a "neutral" rating in a research report on Monday, June 16th. UBS Group decreased their target price on shares of Harley-Davidson from $28.00 to $27.00 and set a "neutral" rating for the company in a research report on Tuesday, July 8th. Robert W. Baird raised their target price on shares of Harley-Davidson from $26.00 to $28.00 and gave the company a "neutral" rating in a research report on Wednesday, May 14th. Zacks Research raised shares of Harley-Davidson from a "strong sell" rating to a "hold" rating in a research report on Monday, August 25th. Finally, Griffin Securities set a $34.00 target price on shares of Harley-Davidson in a research report on Monday, August 25th. Two analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $30.86.

Harley-Davidson Stock Up 1.2%

Harley-Davidson stock traded up $0.34 during mid-day trading on Wednesday, reaching $29.16. The company's stock had a trading volume of 1,292,111 shares, compared to its average volume of 1,900,883. The company has a market capitalization of $3.54 billion, a price-to-earnings ratio of 15.11, a price-to-earnings-growth ratio of 0.43 and a beta of 1.31. Harley-Davidson has a 12 month low of $20.45 and a 12 month high of $39.93. The business's 50 day simple moving average is $25.41 and its 200 day simple moving average is $24.73. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.20 and a current ratio of 1.37.

Harley-Davidson (NYSE:HOG - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.11). The company had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.09 billion. Harley-Davidson had a return on equity of 7.43% and a net margin of 5.76%.The firm's revenue was down 19.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.63 EPS.

Harley-Davidson Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th will be given a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Wednesday, September 10th. Harley-Davidson's dividend payout ratio (DPR) is 37.31%.

Insider Activity at Harley-Davidson

In other news, Director Rafeh Masood acquired 2,068 shares of the firm's stock in a transaction dated Tuesday, August 5th. The stock was bought at an average price of $24.06 per share, with a total value of $49,756.08. Following the transaction, the director directly owned 4,705 shares in the company, valued at approximately $113,202.30. The trade was a 78.42% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.93% of the stock is currently owned by company insiders.

Institutional Trading of Harley-Davidson

A number of hedge funds have recently modified their holdings of HOG. Versant Capital Management Inc lifted its stake in shares of Harley-Davidson by 3,514.8% during the 1st quarter. Versant Capital Management Inc now owns 976 shares of the company's stock worth $25,000 after buying an additional 949 shares during the last quarter. Assetmark Inc. lifted its stake in shares of Harley-Davidson by 209.7% during the 1st quarter. Assetmark Inc. now owns 1,053 shares of the company's stock worth $27,000 after buying an additional 713 shares during the last quarter. CX Institutional acquired a new stake in shares of Harley-Davidson during the 1st quarter worth about $28,000. Financial Harvest LLC acquired a new stake in shares of Harley-Davidson during the 1st quarter worth about $30,000. Finally, UMB Bank n.a. lifted its stake in shares of Harley-Davidson by 153.6% during the 1st quarter. UMB Bank n.a. now owns 1,306 shares of the company's stock worth $33,000 after buying an additional 791 shares during the last quarter. Institutional investors and hedge funds own 85.10% of the company's stock.

Harley-Davidson Company Profile

Harley-Davidson, Inc manufactures and sells motorcycles in the United States and internationally. The company operates in three segments: Harley-Davidson Motor Company, LiveWire, and Harley-Davidson Financial Services. The Harley-Davidson Motor Company segment designs, manufactures, and sells motorcycles, including cruiser, trike, touring, standard, sportbike, adventure, and dual sport, as well as motorcycle parts, accessories, and apparel, as well as licenses its trademarks and related services.