$1.80M in average volume shows that Harley-Davidson, Inc. (HOG) is heading in the right direction

A new trading day began on Monday, with Harley-Davidson, Inc. (NYSE: HOG) stock price up 3.17% from the previous day of trading, before settling in for the closing price of $31.85. HOG’s price has ranged from $25.43 to $44.16 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 2.06%. Meanwhile, its annual earnings per share averaged -22.34%. With a float of $130.51 million, this company’s outstanding shares have now reached $136.31 million.

Considering the fact that the conglomerate employs 6400 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -393.39%, operating margin of 44.66%, and the pretax margin is 65.7%.

Harley-Davidson, Inc. (HOG) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Recreational Vehicles Industry. The insider ownership of Harley-Davidson, Inc. is 0.84%, while institutional ownership is 90.59%.

Harley-Davidson, Inc. (HOG) Earnings and Forecasts

In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.18 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.68 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -22.34% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.20% during the next five years compared to 8.82% growth over the previous five years of trading.

Harley-Davidson, Inc. (NYSE: HOG) Trading Performance Indicators

Here are Harley-Davidson, Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.78. Likewise, its price to free cash flow for the trailing twelve months is 5.62.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.44, a number that is poised to hit -0.49 in the next quarter and is forecasted to reach 4.21 in one year’s time.

Technical Analysis of Harley-Davidson, Inc. (HOG)

Compared to the last year’s volume of 1.75 million, its volume of 2.62 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 12.49%. Additionally, its Average True Range was 1.30.

During the past 100 days, Harley-Davidson, Inc.’s (HOG) raw stochastic average was set at 16.73%, which indicates a significant decrease from 25.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.59% in the past 14 days, which was higher than the 36.74% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $36.45, while its 200-day Moving Average is $36.40. Nevertheless, the first resistance level for the watch stands at $33.45 in the near term. At $34.03, the stock is likely to face the second major resistance level. The third major resistance level sits at $34.74. If the price goes on to break the first support level at $32.16, it is likely to go to the next support level at $31.45. Should the price break the second support level, the third support level stands at $30.87.

Harley-Davidson, Inc. (NYSE: HOG) Key Stats

With a market capitalization of 4.33 billion, the company has a total of 134,506K Shares Outstanding. Currently, annual sales are 5,836 M while annual income is 706,590 K. The company’s previous quarter sales were 1,151 M while its latest quarter income was 119,040 K.