Harley-Davidson to cut over 100 jobs from Pennsylvania plant

Harley-Davidson to cut over 100 jobs from Pennsylvania plant

Harley-Davidson to cut over 100 jobs from Pennsylvania plant

The company's heavyweight market share for motorcycles with engines of 601 cubic centimeters or greater also fell below 50% a year ago from 58% in the last quarter of 2013.

Harley-Davidson Inc (NYSE:HOG) now has mean rating of 2.9 while 3 analyst have recommended the shares as "BUY", 1 commented as "OUTPERFORM" and 11 commented as "HOLD". Harley-Davidson, Inc. has a 52-week low of 36.36 and a 52-week high of 57.33.

Harley-Davidson Inc (HOG) shares turned negative on Mondays trading session with the shares closing down -0.24 points or -0.46% at a volume of 19,43,470.

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Harley-Davidson Inc (HOG) last announced its earnings results on Jul 28, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $1.67B. Six research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have issued a buy rating to the company. The firm has a market cap of $9.47 billion and a P/E ratio of 13.96.

08/24/2016 - Harley-Davidson, Inc. had its "neutral" rating reiterated by analysts at Wedbush. In the matter of earnings surprises, it can have a huge impact on a company's stock price.

Many analysts are providing their Estimated Earnings analysis for Harley-Davidson, Inc. and for the current quarter 14 analysts have projected that the stock could give an Average Earnings estimate of $0.64/share. The firm's 50 day moving average price is $51.81 and its 200-day moving average price is $47.65. The company reported $1.55 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.54 by $0.01.

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Sunstone Hotel Investors Inc (NYSE:SHO) now has mean rating of 2.1 while 3 analyst have recommended the shares as "BUY", 5 commented as "OUTPERFORM" and 7 commented as "HOLD". The company had revenue of $1670.00 million for the quarter, compared to analysts expectations of $1662.99 million.

In the duration of 12 months Harley-Davidson's share price has increased by 0% to 52.33 from 0.00. Argus reissued a hold rating on shares of Harley-Davidson in a research note on Monday, August 1st.

Harley-Davidson (HOG) plans to layoff about 200 employee this fall as the Milwaukee, WI-based motorcycle manufacturer adjusts to slowing sales of touring motorcycles and cruisers, USA Today reports. The Company offers its products to retail customers through a network of independent dealers. The Company conducts its business around the world including in North America Europe the Middle East and Africa (EMEA); Asia-Pacific and Latin America. The Financial Services segment consists of HDFS, which provides wholesale and retail financing and insurance, and insurance-related programs to the Harley-Davidson dealers and their retail customers.

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