Polaris Industries (NYSE:PII) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, April 23rd. Analysts expect the company to announce earnings of $0.97 per share for the quarter. Polaris Industries has set its FY 2019 guidance at $6.00-6.25 EPS and its FY19 guidance at $6.00-6.25 EPS.
Polaris Industries (NYSE:PII) last issued its quarterly earnings data on Tuesday, January 29th. The company reported $1.83 EPS for the quarter, beating analysts’ consensus estimates of $1.82 by $0.01. Polaris Industries had a return on equity of 45.91% and a net margin of 5.52%. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.66 billion. During the same period in the prior year, the firm posted $1.47 EPS. The company’s revenue for the quarter was up 13.7% on a year-over-year basis. On average, analysts expect Polaris Industries to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.
Shares of NYSE PII opened at $96.55 on Tuesday. The company has a current ratio of 1.24, a quick ratio of 0.43 and a debt-to-equity ratio of 2.19. Polaris Industries has a one year low of $70.27 and a one year high of $131.25. The firm has a market capitalization of $5.79 billion, a price-to-earnings ratio of 14.72, a PEG ratio of 1.03 and a beta of 1.11.
PII has been the topic of several analyst reports. TheStreet lowered Polaris Industries from a “b-” rating to a “c+” rating in a report on Friday, January 4th. ValuEngine lowered Polaris Industries from a “hold” rating to a “sell” rating in a report on Tuesday, January 29th. Northcoast Research reissued a “neutral” rating on shares of Polaris Industries in a report on Friday, March 29th. Wells Fargo & Co reduced their target price on Polaris Industries from $115.00 to $90.00 and set an “outperform” rating on the stock in a report on Tuesday, December 18th. Finally, Zacks Investment Research raised Polaris Industries from a “sell” rating to a “hold” rating in a report on Thursday, April 11th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Polaris Industries has an average rating of “Hold” and an average price target of $104.17.
In related news, Director Kevin M. Farr bought 1,125 shares of Polaris Industries stock in a transaction dated Tuesday, February 26th. The shares were bought at an average cost of $88.59 per share, with a total value of $99,663.75. Following the acquisition, the director now owns 15,604 shares in the company, valued at approximately $1,382,358.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 2.90% of the company’s stock.
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Polaris Industries Company Profile
Polaris Industries Inc designs, engineers, manufactures, and markets power sports vehicles worldwide. It operates in five segments: ORV/Snowmobiles, Motorcycles, Global Adjacent Markets, Aftermarket, and Boats. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; snowmobiles and snow bike conversion kit systems; motorcycles; low emission, light duty hauling, passenger, and industrial vehicles; and boats.
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