Over the course of three days, 70,000 visitors and 25,000 Harley-Davidson motorcycles made thier way to Lugano, a city in southern Switzerland located on the country’s Italian border. The 50-day moving average is $55.79 and the 200 day moving average is recorded at $59.59.
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Harley-Davidson, Inc. (NYSE:HOG) has been handed a rating of 2.19 on a consensus basis by Zacks Research. The shares opened for trading at $57.46 and hit $59.33 on the upside, eventually ending the session at $58.61, with a gain of 1.63% or 0.94 points. During the same quarter last year, the company posted $1.62 earnings per share. If proof is needed, Clutch and Chrome presents the latest video from Harley-Davidson recapping their recent event, Swiss Harley Days which took place between July 3 and 5 in Lugano. Analysts at Goldman Sachs raised their price target on shares of Harley-Davidson from $66.00 to $68.00 and gave the company a buy rating in a research note on Thursday, June 18th. Eleven analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company has a market cap of $12.21 billion and a price-to-earnings ratio of 15.75. The actual EPS was 3.6% away from what analysts had expected, or a $0.05 difference. Together with seven concerts, 18 official Harley-Davidson dealers, 65 exhibitors, and countless catering and food stands, they all contributed to the high-spirited and peaceful party atmosphere, which continued late into the night. The Company operates in the Motorcycles and Related Products (Motorcycles) segment and the Financial Services (Financial Services) segment.
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Harley-Davidson has issued a recall. The Financial Services segment consists of HDFS, which provides wholesale and retail financing and provides insurance and insurance-related programs primarily to Harley-Davidson dealers and their retail customers.
