Harley-Davidson (HOG) Earning Somewhat Negative Press Coverage, Report Shows

News articles about Harley-Davidson (NYSE:HOG) have been trending somewhat negative this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Harley-Davidson earned a coverage optimism score of -0.12 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 38.8528679989901 out of 100, meaning that recent news coverage is unlikely to have an impact on the stock’s share price in the near term.

Here are some of the news stories that may have impacted Accern Sentiment’s rankings:

Harley-Davidson (NYSE HOG) traded down $0.31 on Thursday, hitting $47.65. The stock had a trading volume of 2,710,000 shares, compared to its average volume of 3,370,000. Harley-Davidson has a 12 month low of $44.52 and a 12 month high of $63.40. The company has a quick ratio of 1.06, a current ratio of 1.23 and a debt-to-equity ratio of 2.49. The firm has a market capitalization of $8,020.00, a P/E ratio of 15.99, a P/E/G ratio of 1.58 and a beta of 0.84.

Harley-Davidson (NYSE:HOG) last posted its earnings results on Tuesday, January 30th. The company reported $0.54 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.08. The company had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.01 billion. Harley-Davidson had a return on equity of 1.80% and a net margin of 0.68%. The company’s revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.27 earnings per share. sell-side analysts expect that Harley-Davidson will post 3.75 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 2nd. Investors of record on Wednesday, February 14th will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date is Tuesday, February 13th. This is an increase from Harley-Davidson’s previous quarterly dividend of $0.37. Harley-Davidson’s payout ratio is 49.66%.

Harley-Davidson declared that its board has approved a share buyback plan on Monday, February 5th that authorizes the company to repurchase 15,000,000 shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Several equities research analysts have issued reports on the company. Wedbush cut their price target on Harley-Davidson to $49.00 and set a “neutral” rating for the company in a report on Wednesday, January 10th. Stifel Nicolaus cut their price target on Harley-Davidson from $54.00 to $49.00 and set a “hold” rating for the company in a report on Wednesday, January 31st. Zacks Investment Research raised Harley-Davidson from a “hold” rating to a “buy” rating and set a $55.00 price target for the company in a report on Friday, February 2nd. Wells Fargo & Co cut their price target on Harley-Davidson from $59.00 to $53.00 and set an “outperform” rating for the company in a report on Thursday, February 1st. Finally, ValuEngine downgraded Harley-Davidson from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Three analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and six have given a buy rating to the company. Harley-Davidson presently has a consensus rating of “Hold” and an average price target of $52.00.

In related news, VP Tchernavia Rocker sold 1,401 shares of the business’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $47.74, for a total value of $66,883.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Paul J. Jones sold 870 shares of the business’s stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $47.62, for a total value of $41,429.40. Following the completion of the transaction, the vice president now directly owns 3,399 shares of the company’s stock, valued at approximately $161,860.38. The disclosure for this sale can be found here. 0.70% of the stock is owned by insiders.

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About Harley-Davidson

Harley-Davidson, Inc is the parent company for the groups of companies doing business as Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS). The Company operates in two segments: the Motorcycles & Related Products (Motorcycles) and the Financial Services. The Motorcycles segment consists of HDMC, which designs, manufactures and sells at wholesale on-road Harley-Davidson motorcycles, as well as motorcycle parts, accessories, general merchandise and related services.

Insider Buying and Selling by Quarter for Harley-Davidson (NYSE:HOG)

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