KeyBanc analyst Noah Zatzkin maintains $Harley-Davidson (HOG.US)$ with a hold rating.
According to TipRanks data, the analyst has a success rate of 43.4% and a total average return of -0.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Harley-Davidson (HOG.US)$'s main analysts recently are as follows:
The expectation is for retail and shipments of Harley-Davidson to experience a downturn in Q4, with anticipated gross margin pressure due to volume deleverage, following the Q3 report. The opinion maintains a positive outlook towards the company's prospects for 2025, although the applied multiple to the projected 2025 EPS has been adjusted.
Despite wanting to believe that the outlook for Harley-Davidson is now less risky leading up to 2025, skepticism persists due to inventory levels that appear excessive, a prolonged pattern of retail sales declines, and ambitious margin goals that may set future expectations for 2025 and 2026 unrealistically high.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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