
Hog stock has been on a steady rise, with its price increasing by 15% in the past quarter. This trend is largely due to the growing demand for pork products in the global market.
The hog stock has been influenced by various factors, including supply and demand, weather conditions, and global events. One key factor is the impact of disease outbreaks on hog production, which can lead to a shortage of pork products.
The current market value of hog stock is around $40 per share, with a 52-week high of $45 and a 52-week low of $35. This indicates a relatively stable market with a slight upward trend.
Investors are keeping a close eye on the hog industry's performance, as it can have a significant impact on the overall market.
A fresh viewpoint: What Does Market Value Mean in Stocks
Financial Performance
Harley-Davidson's revenue in 2023 was $5.84 billion, a 1.41% increase from the previous year.
The company's earnings were $706.59 million, but unfortunately, this represents a decrease of 4.70% compared to the previous year.
In the third quarter of 2024, Harley-Davidson's revenue growth year-over-year was -25.7%, and earnings growth year-over-year was -34.1%.
The company's profit margin is 10.8%, indicating that for every dollar earned, 10.8 cents is profit.
Here are some key financial metrics for Harley-Davidson at a glance:
The company's dividend yield is 2.51%, and the dividend payout ratio is 0.17, indicating a relatively conservative dividend policy.
Harley-Davidson's market capitalization is $3.618 billion, and the stock is listed on the NYSE.
Stock Price and Trends
Harley-Davidson's stock currently trades at around $28.39 per share, which is a significant drop from its 52-week high of $44.16.
The company's stock has experienced a decline in value over the past year, with a 1-year change of -17.57%. This is also reflected in its 3-year and 5-year changes, which stand at -17.88% and -16.74% respectively.
The stock's volatility is relatively stable compared to the US market, with an average weekly movement of 3.8%. This is lower than the market average movement of 6.5% and the auto industry average movement of 10.1%.
Here's a comparison of Harley-Davidson's stock price movement with the market and industry averages over the past year:
Price Down 5%
Harley-Davidson's stock price has been experiencing a decline, with a 5% drop following a downgrade by Baird analysts. This drop is significant, considering the stock's recent performance.
The current share price of Harley-Davidson is $28.39, which is a decrease from its 52-week high of $44.16. The stock has also seen a 1-month change of -6.24% and a 3-month change of -12.99%.
In comparison to the US market, Harley-Davidson's weekly movement of 3.8% is relatively stable. However, the stock's 1-year change of -17.57% and 3-year change of -17.88% indicate a longer-term decline.
Here's a comparison of Harley-Davidson's price volatility with the US market:
Overall, Harley-Davidson's stock price has been experiencing a decline, with a significant drop following a downgrade by Baird analysts.
Harley Price Limit
Harley-Davidson stock currently trades at about $33 per share.
The stock is around 33% below its levels of $49 seen on May 17, 2021, which was a pre-inflation shock high.
Harley's stock price has dropped significantly from its previous high, indicating a potential buying opportunity.
The current price of $33 per share suggests that Harley-Davidson stock is undervalued.
Its stock price is about $16 lower than its pre-inflation shock high, which could be a good reason to consider investing.
Frequently Asked Questions
Is HOG stock a good buy?
Harley-Davidson (HOG) has a Moderate Buy rating with 27.38% upside potential, making it a potentially attractive investment opportunity. However, it's essential to consider multiple factors before making a decision, including your individual financial goals and risk tolerance.
Is Harley publicly traded?
Yes, Harley-Davidson is a publicly traded company, listed on the New York Stock Exchange (NYSE) under the ticker symbol HOG.
What is the ticker symbol for Harley-Davidson motorcycle Inc?
The ticker symbol for Harley-Davidson is HOG. This symbol is used to identify the company's common stock on the New York Stock Exchange.
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