Harley Davidson Sales Decline, Motorcycle Manufacturer Closing Kansas City Assembly Plant

Harley to close Kansas City plant

Harley-Davidson retail motorcycle sales in the United States were down 11.1 percent, and the overall industry was down 6.5 percent compared to the year-ago quarter.

The stock now shows its YTD (Year to Date) performance of -0.08 percent, whereas its Weekly performance stands at -5.97%.

The company is on target to launch its first electric motorcycle within 18 months.

Harley-Davidson shares slid 7 percent, or $3.87, to $51.42 in morning trading. Parallax Volatility Advisers Lp acquired 495,000 shares as Harley Davidson Inc (Call) (HOG)'s stock declined 7.57%.

The company reported its EPS on 9/29/2017. Also, there are 1 buy, 0 sell and 2 strong sell ratings, collectively assigning a 2.94 average brokerage recommendation.

Among 51 analysts covering Amazon.com (NASDAQ:AMZN), 48 have Buy rating, 0 Sell and 3 Hold. (NYSE:HOG) showed a growth of 1.49 Percent per annum. Harley-Davidson, Inc. (NYSE:HOG) has risen 20.11% since January 31, 2017 and is uptrending. The company has a quick ratio of 1.03, a current ratio of 1.18 and a debt-to-equity ratio of 2.48. The company rocked its 52-Week High of $63.4 and touched its 52-Week Low of $44.52. Its down 0.10, from 1.36 in 2017Q2.

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Harley-Davidson's latest quarterly and full-year results underlined the short-term challenges it faces as it tries to build the next generation of Hog riders. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share, while nine analysts surveyed by Zacks expected $1.01 billion in revenue. Alexandria Cap Ltd Limited Liability Company has 600 shares for 0.01% of their portfolio. During the same quarter past year, the company earned $0.27 earnings per share. It fall, as 54 investors sold HOG shares while 151 reduced holdings.

A spokesperson for Harley-Davidson, Michael Pflughoeft, said in a statement that it's "simply not true" that jobs are being shipped overseas to Asia and South America. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 17,417,149 shares of the stock are valued at $962.99 million. (NYSE:HOG). Moreover, Commerzbank Aktiengesellschaft Fi has 0.13% invested in Harley-Davidson, Inc. Private Advisor Gru Ltd Llc has invested 0.01% in Harley-Davidson, Inc. The firm's revenue for the quarter was up 12.2% on a year-over-year basis.

Several analysts have released their opinion on Harley-Davidson, Inc.

The industry is struggling to attract new riders, despite the development of smaller, less-intimidating machines from Ducati, Honda, and even Harley, which for decades has prided itself as being "king of the road" with its hulking cruisers. Look at its top three institutional owners. If you are viewing this news story on another website, it was stolen and republished in violation of USA & global copyright & trademark laws.

Scott Whitfield rode up from Germantown, Maryland, for the Harley-Davidson open house on Thursday. The firm operates through two divisions, Motorcycles & Related Products, and Financial Services. The electric bike is part of its plan to do that.

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