How much can investors make with Harley-Davidson, Inc. (HOG) stock in the next 12 months?

A share price of Harley-Davidson, Inc. [HOG] is currently trading at $36.94, up 2.95%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HOG shares have gain 4.91% over the last week, with a monthly amount glided 5.45%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, DA Davidson upgraded its rating to Buy on July 21, 2023, and elevated its price target to $47. On July 13, 2023, UBS reiterated its Neutral rating and revised its price target to $40 on the stock. KeyBanc Capital Markets started tracking the stock assigning a Sector Weight rating. Morgan Stanley upgraded its rating to a Overweight but $50 remained the price target by the analyst firm on March 21, 2023. Jefferies upgraded its rating to Hold for this stock on March 15, 2023, but kept the price target unchanged to $39. In a note dated November 15, 2022, Jefferies initiated an Underperform rating and provided a target price of $39 on this stock.

Harley-Davidson, Inc. experienced fluctuations in its stock price throughout the past year between $25.43 and $44.16. Currently, Wall Street analysts expect the stock to reach $46.9 within the next 12 months. Harley-Davidson, Inc. [NYSE: HOG] shares were valued at $36.94 at the most recent close of the market. An investor can expect a potential return of 26.96% based on the average HOG price forecast.

Analyzing the HOG fundamentals

Trailing Twelve Months sales for Harley-Davidson, Inc. [NYSE:HOG] were 5.78B which represents -3.30% decline. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.19 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.16.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 36.21 points at the first support level, and at 35.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.32, and for the 2nd resistance point, it is at 37.70.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Harley-Davidson, Inc. [NYSE:HOG] is 1.54. In addition, the Quick Ratio stands at 1.32 and the Cash Ratio stands at 0.46. Considering the valuation of this stock, the price to sales ratio is 0.86, the price to book ratio is 1.49 and price to earnings (TTM) ratio is 8.22.

Transactions by insiders

Recent insider trading involved Masood Rafeh, Director, that happened on Aug 01 ’23 when 1302.0 shares were purchased.

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