Wall Street brokerages expect Harley-Davidson Inc (NYSE:HOG) to announce $1.21 earnings per share for the current quarter, Zacks reports. Eight analysts have made estimates for Harley-Davidson’s earnings, with estimates ranging from $1.12 to $1.37. Harley-Davidson posted earnings of $1.45 per share during the same quarter last year, which would suggest a negative year over year growth rate of 16.6%. The firm is expected to report its next earnings report before the market opens on Tuesday, July 23rd.

According to Zacks, analysts expect that Harley-Davidson will report full-year earnings of $3.05 per share for the current year, with EPS estimates ranging from $2.86 to $3.15. For the next fiscal year, analysts forecast that the company will report earnings of $3.72 per share, with EPS estimates ranging from $3.13 to $4.05. Zacks Investment Research’s earnings per share averages are an average based on a survey of research analysts that follow Harley-Davidson.

Harley-Davidson (NYSE:HOG) last announced its earnings results on Tuesday, April 23rd. The company reported $0.98 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.12. The business had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Harley-Davidson had a net margin of 8.72% and a return on equity of 28.82%. The business’s revenue was down 10.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.24 earnings per share.

Several research firms recently issued reports on HOG. Morgan Stanley reissued an “equal weight” rating and set a GBX 250 ($3.27) price target on shares of BT Group in a report on Tuesday, April 30th. Wedbush set a $30.00 price target on shares of Redfin and gave the stock a “buy” rating in a report on Friday, July 12th. Wells Fargo & Co set a $27.00 price target on shares of Univar and gave the stock a “buy” rating in a report on Monday, April 8th. Goldman Sachs Group set a $131.00 price target on shares of Microsoft and gave the stock a “buy” rating in a report on Wednesday, April 24th. Finally, Northcoast Research reissued a “hold” rating on shares of Harley-Davidson in a report on Tuesday, June 4th. Four analysts have rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $41.69.

NYSE HOG traded down $0.89 during trading hours on Friday, hitting $34.85. 2,298,547 shares of the stock were exchanged, compared to its average volume of 1,514,636. The company has a market cap of $5.69 billion, a P/E ratio of 9.22, a price-to-earnings-growth ratio of 1.19 and a beta of 1.21. Harley-Davidson has a 12-month low of $31.36 and a 12-month high of $46.22. The stock has a 50-day moving average of $35.31. The company has a current ratio of 1.22, a quick ratio of 1.05 and a debt-to-equity ratio of 2.66.

In other Harley-Davidson news, Director Jochen Zeitz sold 2,227 shares of the company’s stock in a transaction dated Wednesday, May 29th. The shares were sold at an average price of $33.05, for a total transaction of $73,602.35. Following the transaction, the director now directly owns 1 shares in the company, valued at $33.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.86% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the company. Segall Bryant & Hamill LLC lifted its stake in shares of Harley-Davidson by 3.2% during the fourth quarter. Segall Bryant & Hamill LLC now owns 9,728 shares of the company’s stock valued at $332,000 after buying an additional 300 shares during the period. CIBC Asset Management Inc lifted its stake in shares of Harley-Davidson by 2.0% during the first quarter. CIBC Asset Management Inc now owns 15,762 shares of the company’s stock valued at $562,000 after buying an additional 312 shares during the period. Advisory Services Network LLC lifted its stake in shares of Harley-Davidson by 24.5% during the first quarter. Advisory Services Network LLC now owns 2,086 shares of the company’s stock valued at $74,000 after buying an additional 410 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of Harley-Davidson by 5.0% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 9,327 shares of the company’s stock valued at $333,000 after buying an additional 444 shares during the period. Finally, Norinchukin Bank The lifted its stake in shares of Harley-Davidson by 1.5% during the first quarter. Norinchukin Bank The now owns 30,279 shares of the company’s stock valued at $1,080,000 after buying an additional 450 shares during the period. Institutional investors and hedge funds own 91.59% of the company’s stock.

Harley-Davidson Company Profile

Harley-Davidson, Inc manufactures and sells custom, cruiser, and touring motorcycles. The company operates in two segments, Motorcycles and Related Products and Financial Services. The Motorcycles and Related Products segment designs, manufactures, and sells on-road Harley-Davidson motorcycles, including cruiser, touring, standard, sportbike, and dual models, as well as motorcycle parts, accessories, general merchandise, and related services.

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Earnings History and Estimates for Harley-Davidson (NYSE:HOG)

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