FY2025 EPS Estimates for Harley-Davidson Cut by DA Davidson

Harley-Davidson, Inc. (NYSE:HOG - Free Report) - Equities research analysts at DA Davidson dropped their FY2025 earnings per share estimates for Harley-Davidson in a research note issued on Wednesday, May 21st. DA Davidson analyst G. Bryan now forecasts that the company will post earnings of $2.59 per share for the year, down from their prior forecast of $3.30. DA Davidson currently has a "Strong-Buy" rating 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 $3.30 EPS.

Harley-Davidson (NYSE:HOG - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported $1.07 EPS for the quarter, topping the consensus estimate of $0.80 by $0.27. Harley-Davidson had a return on equity of 13.64% and a net margin of 9.25%. The firm had revenue of $315.24 million for the quarter, compared to analyst estimates of $1.12 billion. During the same period in the previous year, the company posted $1.72 EPS. Harley-Davidson's revenue for the quarter was down 23.2% on a year-over-year basis.

Several other research firms also recently issued reports on HOG. UBS Group dropped their price target on shares of Harley-Davidson from $35.00 to $28.00 and set a "neutral" rating on the stock in a research note on Thursday, February 20th. Bank of America lowered their target price on Harley-Davidson from $40.00 to $35.00 and set a "buy" rating for the company in a research note on Thursday, January 30th. Robert W. Baird boosted their price target on Harley-Davidson from $26.00 to $28.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 14th. Citigroup lowered their price objective on Harley-Davidson from $29.00 to $28.00 and set a "neutral" rating for the company in a research note on Wednesday, April 2nd. Finally, Morgan Stanley dropped their price objective on Harley-Davidson from $33.00 to $31.00 and set an "equal weight" rating on the stock in a report on Thursday, February 6th. Six analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Harley-Davidson presently has a consensus rating of "Hold" and an average target price of $30.17.

Harley-Davidson Stock Down 0.4%

Shares of HOG traded down $0.09 during mid-day trading on Friday, reaching $24.62. 657,566 shares of the stock traded hands, compared to its average volume of 1,924,070. The stock has a fifty day simple moving average of $23.75 and a 200 day simple moving average of $27.26. Harley-Davidson has a 12-month low of $20.45 and a 12-month high of $39.93. The company has a quick ratio of 1.19, a current ratio of 1.40 and a debt-to-equity ratio of 1.41. The firm has a market cap of $2.99 billion, a price-to-earnings ratio of 7.39, a P/E/G ratio of 0.38 and a beta of 1.30.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Versant Capital Management Inc raised its position 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 valued at $25,000 after acquiring an additional 949 shares in the last quarter. Venturi Wealth Management LLC raised its holdings in shares of Harley-Davidson by 172.0% during the fourth quarter. Venturi Wealth Management LLC now owns 876 shares of the company's stock worth $26,000 after purchasing an additional 554 shares during the period. Assetmark Inc. lifted its position in shares of Harley-Davidson by 209.7% in 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 bought a new position in shares of Harley-Davidson in the 1st quarter worth about $28,000. Finally, Financial Harvest LLC acquired a new position in shares of Harley-Davidson in the 1st quarter valued at about $30,000. Institutional investors and hedge funds own 85.10% of the company's stock.

Harley-Davidson Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Monday, June 2nd will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 2.92%. The ex-dividend date of this dividend is Monday, June 2nd. Harley-Davidson's payout ratio is currently 26.87%.

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.