Polaris Inc. (NYSE:PII) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Polaris Inc. (NYSE:PII) have been assigned a consensus rating of “Hold” from the fourteen research firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eleven have given a hold recommendation, one has issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $67.00.

Several research analysts have weighed in on PII shares. Roth Capital reiterated a “neutral” rating on shares of Polaris in a report on Wednesday. Bank of America restated a “neutral” rating on shares of Polaris in a report on Wednesday. Robert W. Baird increased their target price on Polaris from $70.00 to $72.00 and gave the stock a “neutral” rating in a research report on Wednesday. Morgan Stanley decreased their price target on Polaris from $74.00 to $69.00 and set an “equal weight” rating on the stock in a research note on Tuesday, May 19th. Finally, Zacks Research upgraded Polaris from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 21st.

Polaris Price Performance

Polaris stock opened at $66.96 on Monday. The stock has a market capitalization of $3.81 billion, a P/E ratio of -14.46 and a beta of 1.25. Polaris has a 12-month low of $47.14 and a 12-month high of $77.98. The company has a debt-to-equity ratio of 2.28, a current ratio of 1.20 and a quick ratio of 0.48. The firm’s 50-day moving average is $69.20 and its two-hundred day moving average is $64.23.

Polaris (NYSE:PII) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $1.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $1.21. The business had revenue of $2.02 billion during the quarter, compared to analyst estimates of $1.95 billion. Polaris had a negative net margin of 3.50% and a positive return on equity of 16.77%. The company’s revenue was up 9.2% on a year-over-year basis. During the same quarter in the previous year, the business posted ($1.39) earnings per share. Polaris has set its FY 2026 guidance at 3.000-3.100 EPS. Equities analysts predict that Polaris will post 2.92 earnings per share for the current year.

Polaris Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Tuesday, September 1st. Polaris’s payout ratio is presently -58.75%.

Hedge Funds Weigh In On Polaris

Large investors have recently bought and sold shares of the stock. Kemnay Advisory Services Inc. purchased a new position in shares of Polaris during the 4th quarter valued at approximately $27,000. Danske Bank A S increased its stake in shares of Polaris by 150.0% in the fourth quarter. Danske Bank A S now owns 500 shares of the company’s stock worth $32,000 after buying an additional 300 shares during the last quarter. Elevation Wealth Partners LLC increased its stake 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 buying an additional 471 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Polaris in the fourth quarter valued at $40,000. Finally, Bard Associates Inc. bought a new position in Polaris during the 4th quarter valued at $46,000. Hedge funds and other institutional investors own 88.06% of the company’s stock.

Polaris Company Profile

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.