Previous close | 39.44 |
Open | 38.35 |
Bid | 33.38 x 800 |
Ask | 33.42 x 800 |
Day's range | 32.63 - 38.56 |
52-week range | 25.43 - 44.16 |
Volume | |
Avg. volume | 1,792,819 |
Market cap | 4.46B |
Beta (5Y monthly) | 1.46 |
PE ratio (TTM) | 6.81 |
EPS (TTM) | 4.87 |
Earnings date | 25 Apr 2024 |
Forward dividend & yield | 0.69 (1.75%) |
Ex-dividend date | 01 Mar 2024 |
1y target est | 45.88 |
Harley-Davidson (HOG) delivered earnings and revenue surprises of 16.22% and 4.54%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Comparative Analysis with Analyst Projections and Strategic Highlights
Harley-Davidson on Thursday reported a better-than-expected first-quarter profit, helped by an increase in sales of its new Touring motorcycles in North America. Harley is retooling its strategy around selling fewer bikes at higher prices to protect its margins in a high-interest rate environment, while preserving its brand cachet. The company also benefited from pent-up demand from North American riders waiting to upgrade to its newly launched 2024 Touring models, which were introduced at the end of January.