Polaris Inc. (NYSE:PII) Given Consensus Rating of “Hold” by Brokerages

Shares of Polaris Inc. (NYSE:PII) have been given a consensus rating of “Hold” by the twelve analysts that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $65.00.

PII has been the subject of several analyst reports. Royal Bank Of Canada decreased their price objective on Polaris to $67.00 and set a “sector perform” rating for the company in a report on Tuesday, January 27th. Morgan Stanley decreased their price objective on Polaris from $81.00 to $74.00 and set an “equal weight” rating for the company in a report on Tuesday, February 17th. Citigroup raised their target price on shares of Polaris from $58.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Raymond James Financial reiterated an “outperform” rating on shares of Polaris in a research note on Wednesday, April 29th. Finally, Weiss Ratings downgraded shares of Polaris from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, February 17th.

Institutional Investors Weigh In On Polaris

Hedge funds have recently bought and sold shares of the company. Kemnay Advisory Services Inc. acquired a new stake in Polaris in the 4th quarter valued at about $27,000. Danske Bank A S lifted its stake in Polaris by 150.0% in the 4th quarter. Danske Bank A S now owns 500 shares of the company’s stock valued at $32,000 after purchasing an additional 300 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Polaris in the 4th quarter valued at about $40,000. Quent Capital LLC acquired a new stake in Polaris in the 3rd quarter valued at about $37,000. Finally, Bard Associates Inc. acquired a new stake in Polaris in the 4th quarter valued at about $46,000. 88.06% of the stock is currently owned by institutional investors and hedge funds.

Polaris Price Performance

Shares of NYSE PII opened at $64.64 on Wednesday. The stock has a market capitalization of $3.68 billion, a price-to-earnings ratio of -8.25 and a beta of 1.25. The business has a 50-day moving average of $57.70 and a 200-day moving average of $63.30. The company has a debt-to-equity ratio of 2.72, a current ratio of 1.21 and a quick ratio of 0.48. Polaris has a fifty-two week low of $36.73 and a fifty-two week high of $75.25.

Polaris (NYSE:PII) last announced its quarterly earnings data on Monday, April 27th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of ($0.43) by $0.56. The company had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Polaris had a positive return on equity of 5.91% and a negative net margin of 6.13%.Polaris’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter last year, the company earned ($0.90) EPS. Polaris has set its FY 2026 guidance at 1.600-1.700 EPS. As a group, sell-side analysts predict that Polaris will post 1.7 earnings per share for the current fiscal year.

Polaris Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be paid a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 4.2%. The ex-dividend date is Monday, June 1st. Polaris’s dividend payout ratio (DPR) is -34.69%.

About Polaris

Polaris Inc, founded in 1954 and headquartered in Medina, Minnesota, is a diversified manufacturer of powersports vehicles and related products. Initially gaining prominence with its snowmobiles, Polaris expanded its portfolio over the decades to include all-terrain vehicles (ATVs), side-by-side off-road vehicles, and motorcycles. The company’s legacy in recreational and utility vehicle innovation stems from early engineering breakthroughs that established Polaris as a leading name in off-road mobility.

Today, Polaris offers a broad range of products under well-known brands such as Polaris RANGER and POLARIS SPORTSMAN for utility and recreation markets, Slingshot three-wheel roadsters for on-road enthusiasts, and the Indian Motorcycle brand for premium two-wheeled touring and cruiser segments.