When it comes to Harley Davidson's stock symbol, HOG is the name of the game. But, have you ever wondered what lies behind this symbolic representation?
Understanding the significance of a stock symbol like HOG can provide valuable insights into the world of investing and the dynamics of Harley-Davidson as a corporation.
So, let's dig a bit deeper into the meaning and implications of HOG as Harley Davidson's stock symbol.
Key Takeaways
- Harley-Davidson's stock symbol is HOG on the NYSE.
- Market capitalization stands at $5.118 billion.
- Historical performance shows a 5-year beta of 1.42.
- Factors like PE ratio and market sentiment influence HOG's stock performance.
Overview of Harley-Davidson Stock Symbol
Harley-Davidson's stock symbol, HOG, traded on the New York Stock Exchange (NYSE), serves as a key identifier for investors tracking the company's performance. With a market capitalization of $5.118 billion, HOG stands out as a significant player in the market.
The stock's beta of 1.42 indicates that it's more volatile than the overall market, providing an opportunity for higher returns but also posing increased risk. HOG's PE ratio (TTM) of 7.55 suggests that the stock may be undervalued, making it an attractive option for value investors looking for potential growth.
Historical Performance of Harley Stock Symbol
With a beta of 1.42 over the past 5 years, Harley-Davidson's stock symbol, HOG, has exhibited notable volatility in its historical performance on the NYSE. The financial performance of Harley stock has been closely tied to its core business of motorcycles and related products. Below is a table summarizing key financial indicators for Harley-Davidson:
| Indicator | Value |
|---|---|
| PE Ratio (TTM) | 7.55 |
| 1-year Target Estimate | $43.25 |
| 1-year Return | -21.44% |
Harley-Davidson Financial Services, along with the Related Products segment, plays a significant role in supporting the company's financial health. Understanding these financial aspects is crucial for investors, especially when preparing for earnings calls or evaluating the stock's performance. Despite the volatility, keeping an eye on these financial metrics can provide valuable insights into the overall performance of Harley-Davidson's stock symbol, HOG.
Factors Affecting Harley-Davidson Stock Symbol
Amidst the market fluctuations, various factors continuously influence the performance of Harley-Davidson's stock symbol, HOG.
- Market Capitalization: HOG has a market capitalization of $5.118 billion, which impacts its position in the market and its overall value.
- Beta: With a beta of 1.42, HOG exhibits higher volatility compared to the market, making it more reactive to market movements.
- PE Ratio: The stock's PE ratio (TTM) of 7.55 indicates a relatively low valuation, which can influence investor sentiment and decisions.
- Market Sentiment: Investors can gauge market sentiment and track HOG's performance by following its unique stock symbol on the New York Stock Exchange.
These factors play a crucial role in shaping the dynamics of Harley-Davidson's stock symbol, HOG, on the market. Understanding these elements can help investors make informed decisions based on the company's performance, market trends, and investor sentiment.
Comparison With Competitors' Stock Symbols
When comparing Harley-Davidson's stock symbol, HOG, with its competitors' symbols, notable differences in the market representations become apparent.
While Harley-Davidson is represented by HOG, Bayerische Motoren Werke AG, a key competitor in the motorcycle manufacturing segment, is denoted by the stock symbol BMWYY.
Honda Motor Co. Ltd., a major player in the industry, can be identified by the stock symbol HMC.
Suzuki Motor Corp., another significant manufacturer in the motorcycle segment, is represented by SZKMY.
Yamaha Motor Co. Ltd., known for its diverse range of motorcycles, carries the stock symbol YAMCY.
Lastly, Kawasaki Heavy Industries Ltd., a renowned name in the industry, is recognized by the stock symbol KWHIY.
Each of these symbols uniquely represents the wholesale aspect of motorcycles and their respective manufacturers in the market, offering investors distinct opportunities to diversify within this segment.
Future Outlook for Harley Stock Symbol
The future trajectory of Harley-Davidson's stock symbol, HOG, hinges on various market dynamics and strategic decisions made by the company. Considering the target estimate of $43.25 set by analysts, the upcoming earnings announcement between April 25, 2024, and April 29, 2024, is crucial for investors to monitor.
Additionally, the current forward dividend yield of $0.69 (1.84%) offers income potential for shareholders, with the ex-dividend date set for March 1, 2024. The low PE ratio of 7.55 suggests an attractive valuation, which could entice new investors to consider HOG.
As Harley-Davidson navigates through changing market conditions and implements strategic initiatives, the stock's performance will likely be influenced by these key factors. Stay informed about the company's financial health and market position to make well-informed decisions regarding HOG.
Conclusion
In conclusion, Harley Davidson's stock symbol is HOG, listed on the NYSE.
An interesting statistic is that Harley-Davidson's market capitalization is $5.118 billion, reflecting its strong presence in the motorcycle industry.
Keep an eye on the stock's performance and upcoming events to make informed investment decisions.
Stay informed and ride the wave with HOG!
