|Bid||41.270 x 300|
|Ask||41.280 x 700|
|Day's Range||41.160 - 41.560|
|52 Week Range||39.340 - 56.500|
|PE Ratio (TTM)||13.83|
|Earnings Date||Jul 24, 2018|
|Forward Dividend & Yield||1.48 (3.41%)|
|1y Target Est||45.45|
Yesterday, Ford stock (F) was trading at $10.87. Since reaching an 18-month high of $13.33 in January, the company’s stock has fallen ~18%. In June, Ford stock fell below its ascending trendline support, triggering a sell-off and reflecting a negative shift in its medium-term price trend.
If President Trump follows through on his threats, U.S. consumers will see rapid rises in the prices.
In the previous part of this series, we saw that General Motors’ (GM) valuation multiples are trading lower than Ford (F), its closest peer. While valuation multiples could help investors make investment decisions, it’s also important to be aware of the key support and resistance levels.
Previously, we looked at Harley-Davidson’s (HOG) valuation multiples, which are higher than those of Japanese motorcycle and car manufacturer Honda (HMC). Like valuation multiples, technicals can guide investors’ investment decisions.
As of July 17, Harley-Davidson’s forward EV1-to-EBITDA multiple was 12.3x, significantly higher than Japanese auto giant Honda’s (HMC) 5.8x. Similarly, Harley-Davidson’s forward PE multiple was 12.2x, also much higher than Honda’s PE multiple of 8.8x.
So far in this series, we’ve covered analysts’ estimates for Harley-Davidson’s (HOG) Q2 2018 results. Overall, analysts expect its revenue, gross profit margin, and earnings to be weak due to sales challenges and lower profitability. Let’s review what to watch for in HOG’s Q2 2018 results.
Previously, we looked at analysts’ expectations for Harley-Davidson’s (HOG) revenue. Let’s now explore analysts’ margin estimates for Harley-Davidson in Q2 2018.
In the first quarter, Harley-Davidson’s (HOG) revenue fell 2.7% YoY (year-over-year) to ~$1.36 billion from ~$1.32 billion, beating analysts’ estimate of $1.23 billion. Despite weak US market retail sales, 7.3% YoY growth in touring motorcycle shipments and Harley-Davidson’s product mix boosted its revenue in the first quarter. Let’s look at analysts’ estimates for the company’s Q2 2018 revenue.
Previously, we discussed how Harley-Davidson (HOG) has continued to underperform auto stocks (XLY) Tesla (TSLA), Ferrari (RACE), and General Motors (GM). Despite softening US car sales, stronger demand for pickup trucks and utility vehicles continued to benefit mainstream automakers in Q1 2018. In contrast, Harley-Davidson’s struggle to boost sales in its home market is expected to continue in the near term.
Harley-Davidson (HOG), one of the world’s most popular heavyweight motorcycle brands, is slated to release its Q2 2018 results on July 24. Before we look at expectations for its upcoming earnings, let’s review how Harley-Davidson stock performed in the first half of the year.
The U.S. Export-Import Bank has lacked a board quorum since July 2015, crippling its mission to help finance American companies selling goods and services overseas. That's causing U.S. companies large and small to forfeit sales to foreign competitors and lose out on job creation here at home, writes former EXIM Chairman and President Fred P. Hochberg.
Motorcycle pioneer Harley-Davidson (HOG) is slated to release its second-quarter earnings on July 24. In comparison, auto stocks (FXD) Honda (HMC), Ford (F), and General Motors (GM) have fallen 14.9%, 10.4%, and 4.1% YTD, respectively. According to the latest data compiled by Reuters, 68.0% of analysts covering Harley-Davidson stock gave it “hold” ratings.
To people all over the world, Harley-Davidson HOG represents America. It’s an identity that has put it front and center in President Donald Trump trade war. The company was one of the targets of recent EU tariffs and now seems to be on the president’s bad side.
Harley-Davidson is front and center in President Trump's trade war, but this isn't the first time a president has played a hand in its business. The brand is a symbol for the U.S. Here's how big the company really is.
Treasury Secretary Steven Mnuchin cast doubt Thursday over Harley-Davidson's claim that new tariffs are forcing the company to shift jobs overseas.
Harley-Davidson has claimed that new tariffs are forcing the company to shift jobs overseas. "My sense is that Harley-Davidson has previously planned on moving some of this manufacturing and it’s not just a result," Mnuchin said, speaking at a Congressional testimony Thursday. Mnuchin also assured representatives that he is "monitoring" the economic impact of Trump's escalating trade war.
Its Indian FTR750 motorcycle has become unbeatable on the flat-track circuit, which could make it a hit on the sales floor too.