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NYSE:PII

Polaris (PII) Stock Price, News & Analysis

$83.48
-1.15 (-1.36%)
(As of 09/18/2024 ET)

About Polaris Stock (NYSE:PII)

Key Stats

Today's Range
$82.60
$86.42
50-Day Range
$72.98
$86.86
52-Week Range
$71.90
$107.96
Volume
400,748 shs
Average Volume
741,136 shs
Market Capitalization
$4.72 billion
P/E Ratio
12.24
Dividend Yield
3.16%
Price Target
$89.18
Consensus Rating
Hold

Company Overview

Polaris Inc. designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats. It also provides ORV accessories comprising winches, bumper/brushguards, plows, racks, wheels and tires, pull-behinds, cab systems, lighting and audio systems, cargo box accessories, tracks, and oil; snowmobile accessories, which include covers, traction products, reverse kits, electric starters, tracks, bags, windshields, oil, and lubricants; and motorcycle accessories, such as saddle bags, handlebars, backrests, exhausts, windshields, seats, oil, and various chrome accessories. In addition, the company offers light duty hauling and passenger vehicles; gear and apparel, such as helmets, goggles, jackets, gloves, boots, bibs, hats, pants, and leathers; and pontoon and deck boats. The company provides its products through dealers and distributors, and online; and retail and e-commerce marketplaces. The company was formerly known as Polaris Industries Inc. Polaris Inc. was founded in 1945 and is headquartered in Medina, Minnesota.

Polaris Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 81st Percentile

Polaris scored higher than 81% of companies evaluated by MarketBeat, and ranked 23rd out of 92 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Polaris has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 4 buy ratings, 7 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Polaris has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Polaris' stock forecast and price target.
  • Earnings Growth

    Earnings for Polaris are expected to grow by 56.73% in the coming year, from $3.79 to $5.94 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Polaris is 12.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.17.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Polaris is 12.24, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 10.59.

  • Price to Earnings Growth Ratio

    Polaris has a PEG Ratio of 6.92. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Polaris has a P/B Ratio of 3.32. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Polaris' valuation and earnings.
  • Percentage of Shares Shorted

    6.28% of the float of Polaris has been sold short.
  • Short Interest Ratio / Days to Cover

    Polaris has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Polaris has recently increased by 6.49%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Polaris pays a meaningful dividend of 3.39%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Polaris has been increasing its dividend for 29 years.

  • Dividend Coverage

    The dividend payout ratio of Polaris is 38.71%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Polaris will have a dividend payout ratio of 44.44% next year. This indicates that Polaris will be able to sustain or increase its dividend.

  • Read more about Polaris' dividend.
  • Percentage of Shares Shorted

    6.28% of the float of Polaris has been sold short.
  • Short Interest Ratio / Days to Cover

    Polaris has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Polaris has recently increased by 6.49%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Polaris has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Auto/Tires/Trucks companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Polaris this week, compared to 6 articles on an average week.
  • Search Interest

    Only 3 people have searched for PII on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.
  • MarketBeat Follows

    Only 4 people have added Polaris to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Polaris insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 3.12% of the stock of Polaris is held by insiders.

  • Percentage Held by Institutions

    88.06% of the stock of Polaris is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Polaris' insider trading history.

PII Stock News Headlines

Polaris all terrain vehicle detail and trademark logo
3 Small-Cap Stocks to Buy and Hold For 2025 and Beyond
Small-cap stocks are expected to shine in 2025 after the FOMC begins lowering interest rates, ushering in a new age for stocks.
Central Bank Abandons USD
Startling new evidence shows the U.S. Central Bank is abandoning the currency we’ve relied on for centuries – the United States Dollar… And placing a ‘quiet bet’ on a new type of currency… Gold.
Polaris (NYSE:PII) Shares Gap Down to $81.01
See More Headlines

PII Stock Analysis - Frequently Asked Questions

Polaris' stock was trading at $94.77 on January 1st, 2024. Since then, PII stock has decreased by 11.9% and is now trading at $83.48.
View the best growth stocks for 2024 here
.

Polaris Inc. (NYSE:PII) issued its earnings results on Tuesday, July, 23rd. The company reported $1.38 earnings per share for the quarter, missing analysts' consensus estimates of $2.27 by $0.89. The firm's revenue for the quarter was down 11.5% compared to the same quarter last year.

Polaris subsidiaries include these companies: Larson Boats LLC, Larson Escape, LarsonFX, Striper, WSI Industries, Boat Holdings, Transamerican Auto Parts, and more.

Polaris' top institutional investors include The Manufacturers Life Insurance Company (3.88%), Confluence Investment Management LLC (1.83%), Dimensional Fund Advisors LP (1.76%) and Bank of New York Mellon Corp (1.02%). Insiders that own company stock include Michael T Speetzen, Robert Paul Mack, Michael D Dougherty, Stephen L Eastman, Dougherty Lucy Clark, James P Williams, Kevin M Farr and Jacob Vogel.
View institutional ownership trends
.

Shares of PII stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Polaris investors own include Johnson & Johnson (JNJ), McDonald's (MCD), Pfizer (PFE), Intel (INTC), CVS Health (CVS), International Business Machines (IBM) and NVIDIA (NVDA).

Company Calendar

Last Earnings
7/23/2024
Ex-Dividend for 9/16 Dividend
9/03/2024
Dividend Payable
9/16/2024
Today
9/18/2024
Next Earnings (Estimated)
10/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous transportation equipment
Sub-Industry
Leisure Products
CUSIP
73106810
Employees
18,500
Year Founded
1954

Price Target and Rating

Average Stock Price Target
$89.18
High Stock Price Target
$120.00
Low Stock Price Target
$75.00
Potential Upside/Downside
+6.5%
Consensus Rating
Hold
Rating Score (0-4)
2.36
Research Coverage
11 Analysts

Profitability

Net Income
$502.80 million
Pretax Margin
4.81%

Debt

Sales & Book Value

Annual Sales
$8.24 billion
Cash Flow
$14.99 per share
Book Value
$25.16 per share

Miscellaneous

Free Float
54,751,000
Market Cap
$4.73 billion
Optionable
Optionable
Beta
1.51

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This page (NYSE:PII) was last updated on 9/18/2024 by MarketBeat.com Staff
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