Let’s Take a Fresh Look at Harley-Davidson, Inc. (HOG)

On Thursday, shares of Harley-Davidson, Inc. (NYSE:HOG) marked $36.05 per share versus a previous $35.70 closing price. With having a 0.98% gain, an insight into the fundamental values of Harley-Davidson, Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. HOG showed a rise of 5.66% within its YTD performance, with highs and lows between $30.17 – $46.22 during the period of 52 weeks, compared to the simple moving average of 0.53% in the period of the last 200 days.

Goldman equity researchers changed the status of Harley-Davidson, Inc. (NYSE: HOG) shares from “Neutral” to a “Sell” rating in the report published on April 24th, 2019. Other analysts, including Wells Fargo, also published their reports on HOG shares. Wells Fargo repeated the rating from the previous report, marking HOG under “Market Perform” rating, in the report published on April 8th, 2019. Additionally, HOG shares got another “Market Perform” rating from BMO Capital Markets, setting a target price of $45 on the company’s shares, according to the report published in October 19th, 2018. On the other hand, Wedbush Reiterated the “Neutral” rating for HOG shares, as published in the report on October 4th, 2018. Wolfe Research seems to be going bullish on the price of HOG shares, based on the price prediction for HOG. Another “Hold” rating came from Stifel, providing a prediction for price target according to the report published in July 25th, 2018.

Harley-Davidson, Inc. (HOG) Analysis

The present dividend yield for HOG owners is set at 0.04, marking the return investors will get regardless of the company’s performance in the upcoming period. However, in order for the company to be able to pay its dividends, just like it is the case with Harley-Davidson, Inc., the company needs to provide a healthy cash flow, currently at the value of 11.38. In addition, the growth of sales from quarter to quarter is recording -4.70%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of Harley-Davidson, Inc. (HOG) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 22.90% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 1.00 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while HOG is currently recording an average of 1.77M in volumes. The volatility of the stock on monthly basis is set at 2.69%, while the weekly volatility levels are marked at 3.45%with 10.65% of gain in the last seven days. Additionally, long-term investors are predicting the target price of $38.09, indicating growth from the present price of $36.05, which can represent yet another valuable research and analysis points that can help you decide whether to invest in HOG or pass.

What to Look for When Analyzing Harley-Davidson, Inc. Shares?

Harley-Davidson, Inc. (HOG) is based in the USA and it represents one of the well-known company operating with Consumer Goods sector. If you wish to compare HOG shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 13.24 for Harley-Davidson, Inc., while the value 10.05 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 2.72 is supported by the yearly ESP growth of -3.70%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 0.10%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 98.80% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in HOG Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in HOG in the recent period. That is how The Vanguard Group, Inc. now has an increase position in HOG by 0.07% in the first quarter, owning 17.53 million shares of HOG stocks, with the value of $559.33 million after the purchase of an additional 12,941 shares during the last quarter. In the meanwhile, BlackRock Fund Advisors also increased their stake in HOG shares changed 2.83% in the first quarter, which means that the company now owns 11.46 million shares of company, all valued at $365.63 million after the acquisition of additional 315,157 shares during the last quarter.

Dodge & Cox acquired a new position in Harley-Davidson, Inc. during the first quarter, with the value of $315.75 million, and Invesco Advisers, Inc. increased their stake in the company’s shares by 0.58% in the first quarter, now owning 45,931 shares valued at $252.53 million after the acquisition of the additional 7.92 million shares during the last quarter. In the end, SSgA Funds Management, Inc. increased their position by 0.92% during the first quarter, now owning 7.54 million HOG shares, now holding the value of $240.67 million in HOG with the purchase of the additional 108,429 shares during the period of the last quarter. At the present, 98.80% of HOG shares are in the ownership of institutional investors.