Polaris (NYSE:PII) Stock Rating Upgraded by Zacks Research

Polaris (NYSE:PII) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Wednesday,Zacks.com reports.

PII has been the subject of several other research reports. Citigroup raised Polaris from a “sell” rating to a “neutral” rating and lifted their price objective for the stock from $35.00 to $60.00 in a report on Wednesday, October 1st. BMO Capital Markets reissued a “market perform” rating and issued a $52.00 price objective (up previously from $33.00) on shares of Polaris in a report on Wednesday, July 30th. Wall Street Zen raised Polaris from a “strong sell” rating to a “hold” rating in a report on Saturday, August 2nd. Roth Capital lifted their price objective on Polaris from $41.00 to $54.00 and gave the stock a “neutral” rating in a report on Tuesday. Finally, Robert W. Baird lifted their price objective on Polaris from $55.00 to $60.00 and gave the stock a “neutral” rating in a report on Monday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $53.42.

Polaris Trading Up 0.5%

Shares of Polaris stock opened at $66.30 on Wednesday. The stock has a fifty day moving average price of $58.64 and a 200-day moving average price of $47.12. Polaris has a 1 year low of $30.92 and a 1 year high of $83.31. The firm has a market cap of $3.73 billion, a PE ratio of -35.27 and a beta of 1.08. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.04 and a quick ratio of 0.37.

Polaris (NYSE:PII) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.35. Polaris had a positive return on equity of 5.16% and a negative net margin of 1.57%.The company had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.73 billion. During the same quarter last year, the firm posted $1.38 EPS. The firm’s revenue for the quarter was down 5.5% on a year-over-year basis. Polaris has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that Polaris will post 1.11 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Harbor Capital Advisors Inc. bought a new stake in shares of Polaris during the 3rd quarter valued at about $26,000. Parkside Financial Bank & Trust boosted its position in shares of Polaris by 371.4% during the 2nd quarter. Parkside Financial Bank & Trust now owns 693 shares of the company’s stock valued at $28,000 after acquiring an additional 546 shares during the last quarter. EMC Capital Management bought a new stake in shares of Polaris during the 2nd quarter valued at about $36,000. Fifth Third Bancorp boosted its position in shares of Polaris by 46.9% during the 1st quarter. Fifth Third Bancorp now owns 996 shares of the company’s stock valued at $41,000 after acquiring an additional 318 shares during the last quarter. Finally, Huntington National Bank boosted its position in shares of Polaris by 218.0% during the 2nd quarter. Huntington National Bank now owns 1,062 shares of the company’s stock valued at $43,000 after acquiring an additional 728 shares during the last quarter. Institutional investors own 88.06% of the company’s stock.

About Polaris

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.