Harley-Davidson, Inc. (NYSE:HOG) will release earnings results for its third quarter, before the opening bell on Thursday, Oct. 24.
Analysts expect the Milwaukee, Wisconsin-based company to report quarterly earnings at 79 cents per share, compared to $1.38 per share in the year-ago period. Harley-Davidson projects to report revenue of $965.78 million for the quarter, compared to $1.3 billion a year earlier, according to data from Benzinga Pro.
On Sept. 4, the company’s board approved a cash dividend of 17.25 cents per share for the third quarter.
Harley-Davidson shares fell 1.2% to close at $34.13 on Wednesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
- B of A Securities analyst Robert Ohmes maintained a Buy rating and cut the price target from $50 to $45 on Oct. 15. This analyst has an accuracy rate of 77%.
- Baird analyst Craig Kennison downgraded the stock from Outperform to Neutral and slashed the price target from $44 to $40 on Oct. 2. This analyst has an accuracy rate of 66%.
- Citigroup analyst James Hardiman maintained a Neutral rating and raised the price target from $37 to $39 on Sept. 19. This analyst has an accuracy rate of 68%.
- UBS analyst Robin Farley maintained a Neutral rating and raised the price target from $39 to $40 on Aug. 23. This analyst has an accuracy rate of 82%.
- Morgan Stanley analyst Adam Jonas maintained an Overweight rating and raised the price target from $50 to $51 on April 26. This analyst has an accuracy rate of 60%.
Considering buying HOG stock? Here’s what analysts think:
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