Edward Jones raised the price target for the Harley-Davidson Inc. (NYSE:HOG) stock from “a Hold” to “a Sell”. The rating was released on July 27, 2021. We previously noted in another research note published on April 23, 2021 by Morgan Stanley that downgraded the stock from an Equal-weight to an Underweight with a price target of $38 for HOG stock. The research report from BofA Securities has initiated the stock to Buy, with a price target set at $55. The stock was upgraded by Northcoast, who disclosed in a research note on April 09, 2021, from Neutral to Buy and set the price objective to $49. In their research brief published March 31, 2021, Robert W. Baird analysts upgraded the Harley-Davidson Inc. stock from Neutral to Outperform with a price target of $45.
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The latest trade, Performances and Moving Averages give us the following Picture
The share price of Harley-Davidson Inc. (NYSE:HOG) raised 0.74% to close Friday’s market session at $39.55, higher as compared to yesterday’s close. The stock price fluctuated between $39.08 and $39.76 throughout the trading session with the volume trading being 892267 shares, which represented a significant variation when compared to the three months average volume of 1.74 million shares. The firm’s stock price fluctuated -3.30% within the last five trades and -1.20% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 11.38% in the last 6 months and -17.71% was subtracted to its value over the previous 3 months. HOG stock is trading at a margin of -1.40%, -8.42% and -3.28% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, HOG deals in the Consumer Cyclical domain. The stock is trading -24.03 percent below its 52-week high and 75.35 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 27.26. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Harley-Davidson Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 13.30 percent and the profit margin is 10.10 percent, and the company has reported a gross margin of 36.70 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $6.18 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Harley-Davidson Inc. (NYSE:HOG) is 12.52. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 12.19. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 1.28 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 2.78, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.30 percent of Harley-Davidson Inc. shares are owned by insiders, and 93.30 percent are held by financial institutions. Mansfield Luke Christopher, the VP/Motorcycle Management at Harley-Davidson Inc. (HOG) has bought 735 shares of firm on Feb 05 at a price of $33.72 against the total amount of $24782.0. In another inside trade, ZEITZ JOCHEN, President and CEO of Harley-Davidson Inc. (NYSE:HOG) bought 30,800 shares of the firm on Feb 04 for a total worth of $1.0 million at a price of $32.47. An inside trade which took place on Nov 09, Former SVP & CFO of Harley-Davidson Inc. Olin John A sold 92,002 shares of firm against total price of $3.17 million at the cost of $34.45 per share.