Harley sales miss estimates as strong dollar pinches global push

Analysts Near-Term outlook: Harley-Davidson, Inc. (HOG), Southwest Airlines Co. (LUV)

Worthy Stocks to Watch: Wells Fargo & Co (NYSE:WFC), Harley-Davidson Inc (NYSE:HOG), TETRA Technologies, Inc

(NASDAQ:SAVE) is under coverage by number of analysts.

Harley-Davidson, Inc. (NYSE:HOG) yearly performance is 31.41% and net profit margin is 11.50%.

On 17 April 2017, Edwards Lifesciences Corporation (NYSE:EW) shares moved to $95.68 after starting the day at $94.50.

Analysts gives Harley-Davidson Inc (NYSE:HOG) a mean recommendation of 2.80. Finally, DA Davidson raised Harley-Davidson from an underperform rating to a market perform rating in a research report on Wednesday, April 12th.

Stock is now moving with a positive distance from the 200 day simple moving average of approximately 7.27%, and has a solid year to date (YTD) performance of 2.47% which means the stock is constantly adding to its value from the previous fiscal year end price. The stock now has a consensus rating of Hold and a consensus price target of $56.47.

Shares fell 3.35% to US$57.52 in early USA trading. The company has a market cap of $10.42 billion, a PE ratio of 15.59 and a beta of 0.88. The stock has a 50 day moving average of $60.15 and a 200 day moving average of $58.06. Harley-Davidson has a 52-week low of $41.63 and a 52-week high of $63.40.

Now the P/E of Harley-Davidson, Inc. stands at 15.6. This is an increase of 482% compared to the average volume of 840 put options.

Harley-Davidson (NYSE:HOG) last issued its quarterly earnings results on Tuesday, January 31st.

Harley-Davidson raked in earnings of $1.05 per share that surpassed the Zacks Consensus Estimate of 99 cents.

First-quarter worldwide Harley-Davidson retail motorcycle sales were down 4.2 per cent compared with the same period previous year. This is a drop from the $1.58 billion in revenue that it reported in the first quarter of 2016. Its last 5-Year EPS growth stands at -21.27% with earnings growth of 81.80% yoy.

TRADEMARK VIOLATION WARNING: This story was originally posted by [[site]] and is the sole property of of [[site]]. The original version of this story can be read at [[permalink]]. The stock was sold at an average price of $56.88, for a total transaction of $5,688,000.00.

Shares of Johnson & Johnson were little changed in premarket trading this morning as they hovered around $125.72 per share. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

In related news, Director Donald A. James sold 100,000 shares of the stock in a transaction dated Friday, February 10th.

Sell-side analyst recommendations point to a short term price target of $48.17 on the shares of Unum Group (UNM). The current share price indicates that stock is -6.31% away from its one year high and is moving 45.40% ahead of its 52-week low. The disclosure for this sale can be found here. Over the last three months, insiders have sold 103,960 shares of company stock worth $5,912,378. In an effort to broaden its customer base, the company has taken aim at attracting younger people, women, African-Americans, Hispanics and other potential riders living in cities to ride Harleys.

However, Harley-Davidson has been facing challenges from competitors, including heavy discounts. On a discretionary basis, the company repurchased 1.2 million shares of its common stock during the first quarter of 2017 for $70.9 million. Independent Franchise Partners LLP boosted its position in Harley-Davidson by 1.5% in the third quarter. It includes a goal of creating 2 million new riders in the U.S.by 2027, expanding its worldwide business and growing its business with minimal environmental impact.

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