Harley-Davidson (HOG) PT Raised to $44 at Baird
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July 26, 2024 5:03 AM EDT
Citi analyst James Hardiman raised the price target on Harley-Davidson (NYSE: HOG) to $37.00 (from $35.00) while maintaining a Neutral rating.
The analyst comments "Harley-Davidson cut its guidance following 2Q, which was widely expected and similar to virtually every powersports company. Where... More
July 25, 2024 7:49 AM EDT
(Updated - July 25, 2024 11:30 AM EDT)
Investing.com -- U.S. stock futures rebounded Thursday, stabilizing after sentiment was hit hard in the previous session by earnings from a couple of tech majors.
Here are some of the biggest U.S. stock movers today:
Ford (NYSE: F) stock slumped 17% after the auto giant reported a significant profit miss for the second quarter as it continues to battle costly quality issues and an EV business that is weighing on its bottom line.
Chipotle (NYSE: CMG)... More
July 25, 2024 7:02 AM EDT
Harley-Davidson, Inc. (NYSE: HOG) today announced a new plan to repurchase $1 billion of its outstanding common stock through 2026. Under the plan, the Company will be using a new Board-approved share repurchase authorization, in... More
July 25, 2024 6:58 AM EDT
By Kannaki Deka
(Reuters) -Harley-Davidson's second-quarter profit beat Wall Street estimates, helped by strong demand for pricier Touring bikes during the summer riding season, sending the company's shares up more than 8% on Thursday.
The company's focus on its more expensive bike models to pad margins paid off as the industry grappled with most consumers cutting back on non-essential purchases due to sticky inflation and higher borrowing costs.
Harley CEO Jochen Zeitz said on a... More
July 25, 2024 6:54 AM EDT
Harley-Davidson (NYSE: HOG) reported Q2 EPS of $1.63, $0.20 better than the analyst estimate of $1.43. Revenue for the quarter came in at $1.62 billion versus the consensus estimate of $1.29 billion.
2024 Financial Outlook
For the full year 2024, the Company now expects:
HDMC: revenue down 5 to 9 percent compared... More
