Harley-Davidson, Inc. (NYSE:HOG) shares, rose in value, with the stock price down by -15.75% to the previous day’s close as strong demand from buyers drove the stock to $33.23.
Actively observing the price movement in the last trading, the stock closed the session at $39.44. The PE ratio was 6.89 over 12-month period. Referring to stock’s 52-week performance, its high was $44.16, and the low was $25.43. On the whole, HOG has fluctuated by -22.27% over the past month.
The company’s Forward Dividend Ratio is 0.67, with its dividend yield at 2.01%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.62B, with a low estimate of 1.22B and a high estimate of 1.53B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.34B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HOG’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.38, with the price of HOG currently trading nearly -18.82% and -16.52% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 24.99, while the 7-day volatility ratio is showing 6.21% which for the 30-day chart, stands at 3.85%. Furthermore, Harley-Davidson, Inc. (HOG)’s beta value is 1.47, and its average true range (ATR) is 1.68.
A comparison of Harley-Davidson, Inc. (HOG) with its peers suggests the former has fared considerably weaker in the market. HOG showed an intraday change of -15.75% in last session, and over the past year, it shrunk by -11.03%%.
Data on historical trading for Harley-Davidson, Inc. (NYSE:HOG) indicates that the trading volumes over the past 3 months, they’ve averaged 1.78 million. According to company’s latest data on outstanding shares, there are 136.31 million shares outstanding.
Nearly 0.68% of Harley-Davidson, Inc.’s shares belong to company insiders and institutional investors own 89.37% of the company’s shares. The stock has fallen by -9.80% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HOG stock heading into the next quarter.
