Polaris Inc. (NYSE:PII) Receives Consensus Rating of “Hold” from Analysts

Shares of Polaris Inc. (NYSE:PII) have received a consensus recommendation of “Hold” from the fourteen analysts that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation, one has assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $67.00.

Several analysts recently weighed in on PII shares. Wells Fargo & Company upped their price objective on Polaris from $65.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 29th. Robert W. Baird lifted their target price on Polaris from $70.00 to $72.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Weiss Ratings raised Polaris from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, July 29th. Morgan Stanley dropped their target price on shares of Polaris from $74.00 to $69.00 and set an “equal weight” rating for the company in a report on Tuesday, May 19th. Finally, Royal Bank Of Canada raised their price target on shares of Polaris from $65.00 to $75.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 29th.

Institutional Trading of Polaris

Hedge funds and other institutional investors have recently modified their holdings of the stock. Kemnay Advisory Services Inc. acquired a new stake in shares of Polaris during the 4th quarter valued at $27,000. Danske Bank A S grew its position in Polaris by 150.0% during the 4th quarter. Danske Bank A S now owns 500 shares of the company’s stock worth $32,000 after acquiring an additional 300 shares during the last quarter. Elevation Wealth Partners LLC increased its holdings in Polaris by 471.0% in the 2nd 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. Mirae Asset Global Investments Co. Ltd. acquired a new position in Polaris in the 4th quarter worth about $40,000. Finally, Bard Associates Inc. bought a new position in Polaris in the fourth quarter valued at about $46,000. Institutional investors own 88.06% of the company’s stock.

Polaris Stock Performance

Shares of NYSE:PII opened at $63.62 on Friday. The company’s 50 day simple moving average is $69.06 and its 200 day simple moving average is $64.21. The stock has a market capitalization of $3.62 billion, a price-to-earnings ratio of -13.74 and a beta of 1.26. The company has a debt-to-equity ratio of 2.28, a current ratio of 1.20 and a quick ratio of 0.47. Polaris has a 1 year low of $47.14 and a 1 year high of $77.98.

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

Polaris Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a $0.68 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $2.72 annualized dividend and a yield of 4.3%. Polaris’s dividend payout ratio is presently -58.75%.

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.