Harley-Davidson Inc (HOG): Today's Featured Automotive Laggard
(
) pushed the Automotive industry lower today making it today's featured Automotive laggard. The industry as a whole closed the day down 0.2%. By the end of trading, Harley-Davidson fell $0.67 (-1.2%) to $54.87 on average volume. Throughout the day, 1,572,892 shares of Harley-Davidson exchanged hands as compared to its average daily volume of 1,543,700 shares. The stock ranged in price between $54.68-$56.13 after having opened the day at $55.72 as compared to the previous trading day's close of $55.54. Other companies within the Automotive industry that declined today were:
(
), down 6.7%,
(
), down 3.0%,
(
), down 2.7% and
(
), down 2.3%.
Harley-Davidson, Inc. manufactures heavyweight cruiser and touring motorcycles. The company operates through two segments: the Motorcycles segment and the Financial Services segment. Harley-Davidson has a market cap of $12.3 billion and is part of the consumer goods sector. The company has a P/E ratio of 18.0, above the S&P 500 P/E ratio of 17.7. Shares are up 12.3% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Harley-Davidson a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
Harley-Davidson
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Harley-Davidson Ratings Report.
On the positive front,
(
), up 5.5%,
(
), up 3.9%,
(
), up 3.4% and
Quantum Fuel Systems Technologies Worldwide
(
), up 3.4%.
- Use our automotive section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the automotive industry could consider
Consumer Discretionary Sel Sec SPDR
(
) while those bearish on the automotive industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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