Harley-Davidson Stock Hits New 52-Week High (HOG)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Harley-Davidson (NYSE: HOG) hit a new 52-week high Tuesday as it is currently trading at $54.34, above its previous 52-week high of $54.32 with 2.9 million shares traded as of 3:41 p.m. ET. Average volume has been 1.7 million shares over the past 30 days.

Harley-Davidson has a market cap of $12.2 billion and is part of the consumer goods sector and automotive industry. Shares are up 10.5% year to date as of the close of trading on Monday.

Harley-Davidson, Inc. engages in the production and sale of heavyweight motorcycles. It operates in two segments, Motorcycles and Related Products, and Financial Services. The company has a P/E ratio of 20.4, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Harley-Davidson as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Harley-Davidson Ratings Report.

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