Does The Street Have Harley-Davidson Figured Out?
Harley-Davidson (NYS: HOG) is expected to report Q2 earnings on July 25. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Harley-Davidson's revenues will expand 3.7% and EPS will increase 10.3%.
The average estimate for revenue is $1.63 billion. On the bottom line, the average EPS estimate is $1.18.
Revenue details
Last quarter, Harley-Davidson reported revenue of $1.41 billion. GAAP reported sales were 9.9% higher than the prior-year quarter's $1.43 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, EPS came in at $0.99. GAAP EPS of $0.99 for Q1 were 34% higher than the prior-year quarter's $0.74 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 39.6%, 100 basis points better than the prior-year quarter. Operating margin was 22.4%, 230 basis points better than the prior-year quarter. Net margin was 14.3%, 230 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $5.29 billion. The average EPS estimate is $3.32.
Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 1,453 members out of 1,848 rating the stock outperform, and 395 members rating it underperform. Among 504 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 446 give Harley-Davidson a green thumbs-up, and 58 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Harley-Davidson is outperform, with an average price target of $58.80.
If you're looking for an edge in the transportation segment of the market, consider strong, smaller brands that sell their products to folks like you and me. We've got a couple to offer, plus a home-owner's trusted go-to company, in our new special report, "Middle-Class Millionaire-Makers: 3 Stocks Wall Street's Too Rich to Notice." Click here for instant access to this free report.
Add Harley-Davidson to My Watchlist.
The article Does The Street Have Harley-Davidson Figured Out? originally appeared on Fool.com.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.
