Harley-Davidson (HOG) Stock Drops 5% Amid Market Volatility

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6 days ago
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Harley-Davidson (HOG, Financial) shares recently experienced significant volatility, seeing a sharp decline of 5.01%. The current trading price is $32.42 per share, with a trading volume of 1.74565 million shares, a turnover rate of 1.33%, and a price fluctuation amplitude of 7.84%.

Financial reports reveal that Harley-Davidson reported $1.619 billion in revenue, with a net profit of $218 million. Earnings per share stood at $1.64, and the gross profit was $571 million, resulting in a price-to-earnings ratio of 6.57.

Institutional ratings indicate mixed sentiments, with 35% of the 17 institutions recommending a buy, while 65% suggest holding the stock. No institutions have advised selling.

Within the automotive sector, where Harley-Davidson operates, the overall gain is 0.67%. Among its peers, Twin Vee Powercats Co., Benzfield, and Lci Industries have shown significant gains. Notably active stocks include Twin Vee Powercats Co., Vision Marine Technologies Inc., and Easy Electric, with turnover rates of 168.73%, 18.50%, and 2.30% respectively. Stocks with significant price swings include Twin Vee Powercats Co., Vision Marine Technologies Inc., and Harley-Davidson, with amplitudes of 72.52%, 8.92%, and 8.06%.

Harley-Davidson is a leading global manufacturer of heavyweight motorcycles, offering custom, cruiser, and touring bikes, along with related products, parts, and accessories. The company has expanded into the adventure touring market with its Pan America models and ventured into electric motorcycles with the LiveWire brand. In 2023, Harley captured approximately 38% of the domestic heavyweight motorcycle market.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.