Harley-Davidson Inc. pared back its 2018 profit margin forecast.
In a statement released Tuesday, the Milwaukee-based iconic motorcycle maker said that it has revised down its expectations for operating margin this year to 9-10% - compared to its previous forecast of 9.5-10.5%. The firm indicated the potential role of tariffs in raising costs and therefore eating away at profits as a reason behind the downward revision in margin projection.
Last month, Harley had expressed its willingness to shift some its production overseas in order to avoid the European Union’s tariffs on American goods. The EU tariffs were a retaliation to U.S. President Donald Trump’s levies on steel and aluminum imported from the EU. However, the motorcycle maker was severely criticized by Trump on its relocation plans.
The RSI Oscillator for HMC moved into overbought territory on April 17, 2024. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HMC advanced for three days, in of 328 cases, the price rose further within the following month. The odds of a continued upward trend are .
HMC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 223 cases where HMC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Momentum Indicator moved below the 0 level on April 02, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on HMC as a result. In of 87 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for HMC turned negative on April 01, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .
HMC moved below its 50-day moving average on April 16, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where HMC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.747) is normal, around the industry mean (6.005). P/E Ratio (9.746) is within average values for comparable stocks, (18.064). Projected Growth (PEG Ratio) (3.655) is also within normal values, averaging (5.553). Dividend Yield (0.028) settles around the average of (0.043) among similar stocks. P/S Ratio (0.474) is also within normal values, averaging (74.209).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock slightly better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. HMC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Manufactures automobiles and related components, engages in lawnmowers and generator production
Industry MotorVehicles