Polaris Inc. (NYSE:PII) Receives $67.38 Consensus Price Target from Analysts

Shares of Polaris Inc. (NYSE:PII) have been given an average rating of “Hold” by the thirteen brokerages that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, ten have issued a hold recommendation, one has issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $67.3750.

Several analysts have commented on the stock. Roth Capital restated a “neutral” rating on shares of Polaris in a report on Wednesday, July 29th. KeyCorp reiterated a “sector weight” rating on shares of Polaris in a report on Wednesday, July 29th. Bank of America reissued a “neutral” rating on shares of Polaris in a research report on Wednesday, July 29th. Citigroup dropped their price objective on shares of Polaris from $73.00 to $67.00 and set a “neutral” rating on the stock in a report on Wednesday, September 9th. Finally, Royal Bank Of Canada upped their target price on shares of Polaris from $65.00 to $75.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 29th.

Institutional Trading of Polaris

Hedge funds and other institutional investors have recently made changes to their positions in the business. Elevation Wealth Partners LLC lifted its position in shares of Polaris by 471.0% in the second quarter. Elevation Wealth Partners LLC now owns 571 shares of the company’s stock worth $39,000 after purchasing an additional 471 shares in the last quarter. Bard Associates Inc. bought a new position in Polaris in the fourth quarter valued at $46,000. Hilton Head Capital Partners LLC acquired a new stake in Polaris in the 4th quarter valued at $52,000. Versant Capital Management Inc increased its stake in Polaris by 128.1% in the 2nd quarter. Versant Capital Management Inc now owns 949 shares of the company’s stock valued at $65,000 after buying an additional 533 shares during the last quarter. Finally, SHP Wealth Management bought a new stake in Polaris during the 4th quarter worth about $74,000. 88.06% of the stock is currently owned by institutional investors and hedge funds.

Polaris Stock Performance

PII stock opened at $55.75 on Tuesday. The business’s 50-day moving average price is $66.56 and its two-hundred day moving average price is $63.60. The company has a current ratio of 1.20, a quick ratio of 0.47 and a debt-to-equity ratio of 2.28. The firm has a market cap of $3.17 billion, a PE ratio of -12.04 and a beta of 1.27. Polaris has a 1-year low of $47.14 and a 1-year high of $77.98.

Polaris (NYSE:PII) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $1.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $1.21. Polaris had a positive return on equity of 16.77% and a negative net margin of 3.50%.The company had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same period in the prior year, the company earned ($1.39) earnings per share. The company’s revenue for the quarter was up 9.2% compared to the same quarter last year. Polaris has set its FY 2026 guidance at 3.000-3.100 EPS. As a group, research analysts forecast that Polaris will post 3.22 earnings per share for the current year.

Polaris Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st were given a dividend of $0.68 per share. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a $2.72 dividend on an annualized basis and a yield of 4.9%. Polaris’s dividend payout ratio is -58.75%.

Polaris Company Profile

Polaris Inc is a powersports manufacturer headquartered in Medina, Minnesota. Founded in 1954 in Roseau, Minnesota, the company initially focused on snowmobiles and has since expanded into a broad range of recreational and utility vehicles.

Polaris develops and sells off-road vehicles, including all-terrain vehicles and side-by-side models for recreational, agricultural, commercial, and government applications. Its product portfolio includes the RZR, Ranger, General, and Sportsman lines, as well as snowmobiles, motorcycles, and three-wheeled roadsters sold under the Indian Motorcycle and Slingshot brands.