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Harley-Davidson Crashes After Cutting Sales Guidance

TheMotleyFool 
0 0 20.07.17
Harley-Davidson Crashes After Cutting Sales Guidance
 
Harley-Davidson Crashes After Cutting Sales Guidance

It's all over but the crying.

Earlier this week, Harley-Davidson (NYSE: HOG) stock lost 6% of its market capitalization after reporting disappointing earnings news for its fiscal second quarter 2017. Harley followed up that loss by losing another half-percentage point or so on Wednesday, and it's down again in early Thursday trading.

But how bad was the news, really, and was it bad enough to justify all the continued selling of Harley stock? Or are investors maybe, just maybe, overreacting a bit here? Let's find out.

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Source: Fool.com

Harley-Davidson Inc. Stock

€19.97
4.750%
A very strong showing by Harley-Davidson Inc. today, with an increase of €0.91 (4.750%) compared to yesterday's price.
Based on 3 Buy predictions and 3 Sell predictions the sentiment towards Harley-Davidson Inc. is rather balanced.
As a result the target price of 22 € shows a slightly positive potential of 10.17% compared to the current price of 19.97 € for Harley-Davidson Inc..
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