Is Harley-Davidson’s Stock At Its Near Term Potential?

SectorFinancial Markets
CountryMiddle east

Harley-Davidson logo is seen on the store in Krakow, Poland on December 28, 2019. (Photo by Jakub ... [+] Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images [Updated 01/08/2021] HOG Update Having gained more than 151% since the March bottom, Harley-Davidson’s stock (NYSE: HOG) seems to be at its near term potential. Our conclusion is based on a detailed comparison of HOG’s performance against the S&P 500 now as well as during the 2008 downturn in our interactive dashboard analysis, 2007-08 vs.

2020 Crisis Comparison: How Did HOG’s Stock Fare Compared With S&P 500? Due the Covid-19 crisis, HOG, one of the world’s largest motorcycle manufacturer and supplier, has seen its revenues fall by 22% for the first nine months of the year compared to the same period in the previous year. In Q3 2020, the revenue fall was arrested as they reported revenue at $1.2 billion, down 8% y-o-y. EPS was recorded at $0.78 for the quarter compared to $0.55 in the same period of the previous year. Further, the company reported $1.1 billion in cash inflows from operating activities for the first nine months. We expect Harley-Davidson’s revenues more...