Home  »  Market Insights   »  Check out this insightfulHarley-Davidson Inc. (HOG...

Check out this insightfulHarley-Davidson Inc. (HOG) analysis before investing

Harley-Davidson Inc. (HOG) stock gained 1.98% in the most recent closing session to close at $40.75. Despite a trading volume of 1.84 million shares below the average daily volume of 2.42 million shares during the past 50 days, HOG stock continued to perform well. Shares of Harley-Davidson Inc. have gained 11.95% in the last five days; however, they have gained 16.03% over the previous month. It has gained 11.04% over the last three months and 11.04% so far this year. Furthermore, the HOG stock ‘s shares are currently trading at a P/E ratio of 10187.50. Moreover, its price-to-cash-flow ratio is 6.41, and its price-to-sales ratio is 1.55. Does this positive dynamic coincide with the brand’s business state, which is undergoing a tough time?

Do You Own These 7 Inflation-Survival Stocks?

Inflation is still near 40-year highs and rising prices are putting a big dent in our wallets. Unless you find out how to protect your portfolio and outpace inflation, you'll keep being at the mercy of economic factors out of your control. Especially since the price of electricity, food, and shelter are creeping up higher than ever. In this special report, I detail 7 stocks to help you survive and thrive in today's market. They're backed by solid companies, positioned to profit during tough economic times, and offer out-sized dividends to help you outpace inflation.

Click here to get your free copy of the report

Sponsored

In times of crisis, Harley-Davidson is making a new company strategy to make it more competitive. Younger generations tend to buy motorcycles less often than their older counterparts. Although most Harley-Davidson riders are over 40, this trend is not suitable for the HOG stock. Brand cultures that have sustained sales for many years may have vanished.

With electric motorcycles, Harley-Davidson Inc. (HOG) hopes to revitalize its long-term prospects. Sales of LiveWire, the HOG stock ‘s first model, started poorly last year — so badly that the CEO resigned. Due to a relatively low range on a single charge and high price, sales growth was impossible.

There is no other solution yet, so that the new LiveWire will be released in 2021. It will be mildly upgraded but heavier. This is likely to be due to the rise in electric vehicles’ range, an essential parameter a customer is looking for. However, this may not have a substantial effect on sales growth.

In the last year, the fastest-growing product sales were personal mobility products. Consequently, Grand View Research estimates a $ 20 billion electric scooter market in 2020 that will grow to $ 42 billion in 2030. According to Research And Markets, the global motorcycle market will decline by an average of 1.5% per year during this period to $77.3 billion in 2030.

Now, when it comes to motorcycle sales, Asian countries are mainly influenced by the very cheap segment of small motorcycles.

In the last few years, Harley-Davidson Inc. (HOG) has begun taking steps on the path to becoming a legend in the motorcycle industry, but none of these steps has yet succeeded in creating a new legend. The rise in HOG stock is understood to be due to investors backing their favorite brand.

Leave a Comment

Your email address will not be published. Required fields are marked *

Related Posts

385

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

The 5 Best Inflation Stocks for 2022

100% free. stop anytime no spam

Get our free report on the stocks that we recommend for investors who want to protect their portfolios from inflation.

Receive Best Stock To Trade Before The Opening Bell

 

 

100% Free. Stop Anytime. No Spam