107.60 +0.21 (0.19%)
After hours: 4:25PM EDT
|Bid||0.00 x 2200|
|Ask||0.00 x 1100|
|Day's Range||107.06 - 109.37|
|52 Week Range||90.12 - 118.13|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.00|
|Expense Ratio (net)||0.14%|
Stocks were whipped in late trading on Thursday, as we head towards another big market close. PayPal is also reporting earnings after the bell, and we’ll be live with the results.
In the previous part of this series, we looked at Harley-Davidson’s (HOG) valuation multiples, which are trading higher than Japanese motorcycle and car manufacturer Honda (HMC). While valuation multiples can help investors make better investment decisions, it’s also important to be aware of key technical levels to refine a stock’s entry and exit.
According to data compiled by Reuters on October 11, about 50.0%, 65.0%, and 54.0% of analysts gave “buy” recommendations on AutoZone (AZO), O’Reilly Automotive (ORLY), and Advance Auto Parts (AAP), respectively. Another 46.0%, 35.0%, and 46.0% of these analysts recommended a “hold” on AutoZone, O’Reilly, and Advance Auto Parts, respectively. O’Reilly and Advance Auto Parts didn’t receive any “sell” recommendations, and 4.0% of these analysts recommended a “sell” on AutoZone.
In the previous part of this series, we saw that Harley-Davidson (HOG) stock is underperforming the broader market in the fourth quarter. Year-to-date, Ford (F) and General Motors (GM) have fallen 28.7% and 21.1%, respectively while Ferrari (RACE) has risen 16.1%. In the second quarter, Harley-Davidson reported adjusted EPS of $1.45.
On October 17, Tesla (TSLA) revealed in an SEC filing that its CEO, Elon Musk, is preparing to purchase $20 million worth of Tesla stock. This is the third time Musk is buying Tesla common stock in 2018 so far.
Domino’s Pizza (DPZ) posted its third-quarter earnings results on October 16. The company reported adjusted EPS of $1.95 on revenue of $786.0 million. YoY (year-over-year), its EPS rose 53.5%, while its revenue rose 22.1%.
Harley-Davidson (HOG) is expected to release its third-quarter earnings on October 23. It’s one of the most popular heavyweight motorcycle brands in the world. Before we find out what investors could expect from its upcoming earnings, let’s see how Harley-Davidson stock is trading before its third-quarter earnings release.
On October 11, Ferrari stock (RACE) has lost ~15.6% on a month-to-date basis. Among its peers (XLY), Tesla (TSLA) rose about 45.7% in 2017 while General Motors (GM) and Ford (F) saw 17.7% and 3.0% gains, respectively. According to recent data by Thomson Reuters, 45.0% of the 11 analysts covering Ferrari stock gave it “buy” recommendations.
Today, investors’ worries about the pending approval of the settlement between Tesla (TSLA) CEO Elon Musk and the SEC came to an end. The federal court’s judge “approved the settlement between” the SEC and Musk, Reuters reported. After the news of the approval, Tesla stock surged nearly 5%.
According to the data compiled by Reuters on October 11, about 29.0% of 28 analysts covering Tesla (TSLA) gave its stock a “buy” recommendation. Another 36.0% recommended a “hold,” and the remaining 36.0% of analysts covering TSLA suggested a “sell” for its stock.
In the previous part, we looked at analysts’ views on Ford Motor Company (F). The company’s F-Series pickup trucks have been America’s best-selling trucks for over four decades. Despite its increasing focus on electric vehicles (XLY) and autonomous vehicles, Ford stock has underperformed its peers in 2018 so far.