Guggenheim Capital LLC Increases Investment in Harley-Davidson, by $348000 in 2023.
March 15, 2023
Trending News 🌥️
HARLEY-DAVIDSON ($NYSE:HOG): Guggenheim Capital LLC has recently announced a significant increase in its investment in Harley-Davidson, Inc. for the year 2023. The investment amount is $348000, which is a substantial amount for the company. It has become a symbol of freedom and adventure, and is highly sought after by motorcycle enthusiasts all around the world.
This additional funding will provide the company with more resources to continue producing quality motorcycles and further expand its reach. With this new investment, Harley-Davidson is in a strong position to remain a leader in the industry for years to come.
Price History
This news caused the stock to open at $39.2 and close at $39.4, a 1.8% increase from the previous closing price of $38.7. This investment is the latest in a series of investments made by Guggenheim Capital LLC, which have all been successful in helping to boost the stock of HARLEY-DAVIDSON. The company has been steadily growing in popularity over recent years, and this additional investment has only added to the momentum. With the stock performing well and more investors entering the market, the future looks very promising for HARLEY-DAVIDSON. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Harley-davidson. More…
| Total Revenues | Net Income | Net Margin |
| 5.76k | 741.41 | 12.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Harley-davidson. More…
| Operations | Investing | Financing |
| 548.46 | -773.01 | -201.97 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Harley-davidson. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 11.49k | 8.59k | 19.86 |
Key Ratios Snapshot
Some of the financial key ratios for Harley-davidson are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.4% | 15.6% | 16.7% |
| FCF Margin | ROE | ROA |
| 6.9% | 20.9% | 5.2% |
Analysis
At GoodWhale, we have conducted an analysis of HARLEY-DAVIDSON‘s financials and have arrived at a Risk Rating of ‘Medium’. This indicates that the company holds a moderate amount of risk in terms of financial and business aspects. Upon further inspection, we have discovered two risk warnings in the income statement and balance sheet. To know more about these warnings, you must become a registered user of GoodWhale to view the specifics. In the meantime, use our handy Risk Rating system to guide your investments. More…
Peers
In the motorcycle industry, Harley-Davidson Inc faces competition from Polaris Inc, Lazydays Holdings Inc, and Motorcycle Holdings Ltd. Harley-Davidson has been the market leader for years, but its competitors are constantly trying to catch up.
– Polaris Inc ($NYSE:PII)
Polaris Inc is a American manufacturing company based in Minnesota. The company specializes in off-road vehicles, snowmobiles, motorcycles, and ATVs. Polaris is also a leading manufacturer of electric vehicles.
The company has a market cap of 5.52B as of 2022 and a ROE of 32.56%. Polaris has a long history of innovative and high-quality products that have made it a leader in the powersports industry. The company’s strong financials and commitment to innovation should continue to fuel growth in the years to come.
– Lazydays Holdings Inc ($NASDAQ:LAZY)
Lazydays Holdings Inc is a holding company that, through its subsidiaries, engages in the retail sale of recreational vehicles (RVs) and related services in the United States. It operates through two segments, RV Services and Sales, and RV Accessories and Supplies. The company was founded in 1976 and is headquartered in Englewood, Colorado.
As of 2022, Lazydays Holdings Inc had a market cap of 129.7 million and a return on equity of 41.96%. The company is engaged in the retail sale of recreational vehicles and related services in the United States.
– Motorcycle Holdings Ltd ($ASX:MTO)
Following a banner year in 2020, Harley-Davidson’s market cap has grown to $153.03M. The company’s ROE has also grown to 13.44%. Harley-Davidson is a leading manufacturer of motorcycles and related products and services. The company’s products and services are sold through a worldwide network of independent dealers and distributors.
Summary
This investment is seen as a positive sign for the company, which has seen some recent struggles due to decreased sales and increased competition. Analysts have now been studying what this injection of capital could mean for the company’s long-term performance, as well as its short-term stock value. The news has been generally welcomed by investors, though there is some debate over whether the investment will be enough to turn around the company’s fortunes.
Analysts are also looking at how Harley-Davidson could use the capital injection, be it for product development, marketing initiatives, or other strategic moves. The investment from Guggenheim Capital is certainly a sign of confidence in Harley-Davidson and its future.
Related Posts
Recent Posts
