Harley-Davidson, Inc. ( HOG ) saw a big move last session, as the company's shares fell by over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for HOG, as the stock is now down around 11.1% in the past one-month time frame.
This slump shouldn't be too much of a surprise to investors, as the company has seen 3 negative revision in the past few weeks and its current year consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
HOG currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.0%.
Some better-ranked stocks in the Consumer goods sector include Gentex Corp. ( GNTX ), China Automotive Systems Inc. ( CAAS ) and Magna International Inc. ( MGA ). All these stocks hold a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.