Showing posts with label Harley Davidson. Show all posts
Showing posts with label Harley Davidson. Show all posts

Tuesday, January 24, 2012

Apple (AAPL) (AZO) (HOG) (A) (HD) (WMT) Ratings, Price Targets

Apple (NASDAQ: AAPL), AutoZone (NYSE: AZO), Harley-Davidson (NYSE: HOG), Agilent Technologies (NYSE: A), Home Depot (NYSE: HD) and Wal-Mart (NYSE: WMT) ratings and price targets.

Apple (AAPL) had its “Buy” rating reiterated by Sterne Agee.

AutoZone (AZO) had its “Buy” rating reiterated by Nomura (NYSE:NMR).

Harley-Davidson (HOG) had its “Neutral” rating reiterated by Citigroup (NYSE:C). They have a price target of $37.00 on the company.

Agilent Technologies (A) had its price target raised by UBS AG (NYSE:UBS) from $43.00 to $47.00. They have a “Buy” rating on the company.

Home Depot (HD) had its price target raised by Argus from $46.00 to $51.00. They have a “Buy” rating on the company.

Wal-Mart (WMT) had its price target raised by Telsey Advisory Group to $67.00.

Friday, August 19, 2011

Visa (V) (WPI) (WSR) (FTNT) (HOG) (AKAM) Get New Coverage

Visa Inc. (NYSE: V), Watson Pharmaceuticals Incorporated (NYSE: WPI), Whitestone Reit (NYSE: WSR), Fortinet, Inc. (NASDAQ: FTNT), Harley-Davidson, Inc. (NYSE: HOG) and Akamai Technologies (NASDAQ: AKAM) getting new analyst coverage.



Leerink initiated coverage on Watson Pharmaceuticals Incorporated (WPI). They placed a “Market Perform” rating on the company.



Sterne Agee initiated coverage on Visa Inc. (V). They placed a “Buy” rating and a price target of $110.00 on the company.



Ladenburg Thalmann initiated coverage on Whitestone Reit (WSR). They placed a “Buy” rating and a price target of $13.50 on the company.



Jefferies (NYSE:JEF) initiated coverage on Fortinet, Inc. (FTNT). They placed a “Hold” rating on the company.



Keybanc initiated coverage on Harley-Davidson, Inc. (HOG). They placed a “Positive” rating and a price target of $48.00 on the company.



Jefferies initiated coverage on Akamai Technologies (AKAM). They placed an “Underperform” rating and a price target of $18.00 on the company.

Wednesday, July 20, 2011

IBM (IBM) (HOG) (SCHW) (WYNN) (MAN) Price Targets Changed

IBM (NYSE: IBM), Harley-Davidson, Inc. (NYSE: HOG), Charles Schwab (NASDAQ: SCHW), Wynn Resorts, Limited (NASDAQ: WYNN) and Manpower Inc (NYSE: MAN) had price targets adjusted by analysts.

Barclays Capital lowered its price target on Charles Schwab (SCHW) from $18.00 to $17.00. They have an “equal weight” rating on the company.

Barclays Capital increased its price target on Wynn Resorts, Limited (WYNN) from $125.00 to $160.00. They have an “equal weight” rating on the company.

Wedbush raised its price target on Harley-Davidson, Inc. (HOG) from $50.00 to $54.00. They have an “outperform” rating on the company.

Barclays Capital raised its price target on IBM (IBM) from $176.00 to $190.00. They have an “equal weight” rating on the company.

Barclays Capital lowered its price target on Manpower Inc (MAN) from $80.00 to $75.00. They have an “overweight” rating on the company.

Monday, May 2, 2011

Harley-Davidson (HOG) Boosts Q2 Dividend 25 Percent

Harley-Davidson announced Saturday it will be increasing its dividend 25 percent over the prior dividend pay out.

The Board of Directors at Harley approved a boost in the dividend to $0.125 a share, starting in the second quarter of 2011.

The dividend is payable on June 17 to the holders of record of the company's common stock on June 2.

The dividend is an increase of 25 percent over the previous dividend paid on March 4, 2011, the company said.

Harley closed Friday at $37.26, level with the previous close.

Dividend Yields for (JCI) (HOG) (PBCT) (HCBK) (MTB)

Indicated dividend yields for Standard & Poor's 500 Index companies Johnson Controls (JCI), Harley-Davidson Inc (HOG), People's United Financial Inc (PBCT), Hudson City Bancorp Inc (HCBK) and M&T Bank Corp (MTB).

These dividend data indicate dividend yields of companies in the Standard & Poor's 500 Index as of Saturday, April 30. The yield is determined by taking the latest declared dividend, annualized and divided by the price of the stock. Payout ratios are calculated based on latest quarterly dividend paid divided by earnings.

Johnson Controls (JCI) has a dividend yield of 1.32 percent on a declared dividend of $0.16. The payout ratio is 25.1 percent.

Harley-Davidson Inc (HOG) has a dividend yield of 1.56 percent on a declared dividend of $0.10. The payout ratio is 30.06 percent.

People's United Financial Inc (PBCT) has a dividend yield of 4.60 percent on a declared dividend of $0.16. The payout ratio is 103.7 percent.

Hudson City Bancorp Inc (HCBK) has a dividend yield of 3.36 percent on a declared dividend of $0.08. The payout ratio is 61.1 percent.

M&T Bank Corp (MTB) has a dividend yield of 3.17 percent on a declared dividend of $0.70. The payout ratio is 40.7 percent.

Tuesday, April 19, 2011

Supply Chain Disrupts (AAPL) (HOG) (GM) (INTC) (TXN), Others

Companies across a wide range of sectors are being disrupted by the parts shortage coming from the consequences of the earthquake in Japan, including Apple (NASDAQ:AAPL), Harley-Davidson Inc (NYSE:HOG), General Motors (NYSE:GM), Texas Instruments (NYSE:TXN) and Intel (NASDAQ:INTC).

Then by extension, a company like Sirius XM (NASDAQ:SIRI), which relies on the performance of the auto industry for growth and sustainability, are adversely affected by lower production levels and sales. And this can be looked at for any company that has an indirect connection to the shortages of parts.

Bryan Keane, equity analyst for the Alpine Mutual Funds noted, "It's cross-sector. Electronics are used in so many areas. It has the potential to be very wide-ranging. To some extent, it's going to affect everyone. Even if your direct supplier isn't impacted, your supplier could get their materials from someone in Japan."

"The big issue is that even if everything now is under control in Japan, they've lost a big portion of their power," said Keane. "Even if they get the big factories up and running, how often are they going to be able to run them?"

In other words, there continues to be enormous uncertainty as to how all of this will impact business around the world, and there is little in the way of a road map as to what to expect.

As for semiconductors, Japan accounts for about 20 percent of the world's supply.

The length, width and depth of the disruptions are still yet to be discovered, and it appears only time will tell, as it seems the companies themselves have no idea, or at least they aren't talking.

Guidance as the earnings season unfolds should give a clearer look at the extent of the damage.

Monday, March 28, 2011

Harley-Davidson (HOG) Has Fan in Wedbush

Harley-Davidson (NYSE:HOG) got a boost on new coverage from Wedbush, wish views the company in a positive light.

Wedbush analyst Rommel Dionisio commented, “Given Harley-Davidson’s continued market share gains, a recovering retail environment for premium motorcycles, current dealer inventory restocking in the face of rising demand, and increased profitability and lower credit risk in the financing arm, we believe shares of HOG should trade at relatively in line to the peer group average 2012E P/E ratio of 16.5x.”

The initial price target they started the company off with of $48, has about a 20 percent upside.

Wedbush initiated coverage on Harley-Davidson at an "outperform" rating. It closed Friday at $40.96, up $0.82, or 2.04 percent.

Wednesday, January 26, 2011

Harley-Davidson (NYSE:HOG) Margin, Production Guidance Appears Conservative

Commenting on the production and margin guidance from Harley-Davidson (NYSE:HOG), Deutsche Bank (NYSE:DB) said it appears conservative to them, and boosted their EPS estimates for full year 2011 and 2012 on Harley.

Deutsche said, "We are raising our 2011 and 2012 EPS estimates to $2.00 and $2.45 from $1.90 and $2.30, to reflect modest fine-tuning adjustments to our model, including revisions to average transaction price and tax rate assumptions. Our estimate for 2011 is consistent with HOG’s production and margin guidance, and it appears conservative. We are also raising our price target to $41 from $36."

Deutsche maintains an "Outperform" on Harley-Davidson (HOG), which was trading at $39.43 as of 12:40 PM EST.

Tuesday, January 25, 2011

Harley-Davidson's (NYSE:HOG) Gross Margins May Surprise

Harley-Davidson (NYSE:HOG) was given an above-consensus EPS by UBS (NYSE:UBS), citing their expectations gross margins will be above consensus.

UBS says, "Harley will report Q4’10 results on January 25 before market open. We estimate EPS of $0.07, excluding restructuring charges vs. cons. Range of ($0.12) – ($0.18) excluding restructuring costs. Main driver of our above-consensus est. is our gross margin est. of 30%, well above implied guidance of 21-28%...We believe HOG’s standalone Harley-Davidson (i.e., ex-Buell) U.S. retail unit sales at the dealer level may have seen their first quarter of flat to up YOY unit sales since 2006.

UBS maintains a "Neutral" rating on Harley-Davidson (HOG), which closed Monday at $36.49, up $0.50, or 1.39 percent. UBS raised their price target on HOG from $31 to $37.

Tuesday, November 23, 2010

Harley-Davidson (NYSE:HOG) Earnings Lowered by Wells Fargo (NYSE:WFC)

While Wells Fargo (NYSE:WFC) likes the long-term position of Harley-Davidson (NYSE:HOG), because of its strong brand and lowering of operating costs, they still lowered their earnings per share estimates for full year 2010 and 2011, although 2012 shipments for the company should improve.

Wells said, "Harley is well positioned as the global leader in the heavyweight motorcycle market given its iconic brand (image and lifestyle) and solid financials, in our view. We believe investors are yet to fully appreciate (1) Improving supply/demand that should allow for '12 shipments equal to retail sales, (2) Materially lower operating cost structure and significantly improving free cash generation, and (3) Positively skewed HDFS risk profile."

An "Outperform" rating was maintained on Harley by Wells Fargo, and their raised their valuation range from $35-$37 to $36-$39.

Harley closed Monday at $31.58, losing $0.32, or 1.00 percent.