Are Smart Investors Making the Right Decision? Polaris Inc (PII)

With 0.59 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.66 million shares. During the session, the Recreational Vehicles company that operates in wider Consumer Cyclical sector, reached to the highest price of $88.84 whereas the lowest price it dropped to was $86.07. The 52-week range on PII shows that it touched its highest point at $138.49 and its lowest point at $82.00 during that stretch. It currently has a 1-year price target of $96.93. With its current market cap of 4.88 billion, PII has annualized dividend of $2.61 while the current yield stands at 3.03%. PII paid its most recent dividend on 1709164800, while the ex-dividend date for that was 1717372800. Beta for the stock currently stands at 1.58.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PII was up-trending over the past week, with a rise of 2.07%, but this was down by -2.12% over a month. Three-month performance dropped to -4.99% while six-month performance fell -0.32%. The stock lost -17.13% in the past year, while it has lost -8.97% so far this year. A look at the trailing 12-month EPS for PII yields 6.82 with Next year EPS estimates of 9.12. For the next quarter, that number is 2.29. This implies an EPS growth rate of -13.26% for this year and 14.78% for next year. EPS is expected to grow by 15.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 10.70%.

Float and Shares Shorts:

At present, 56.50 million PII shares are outstanding with a float of 52.96 million shares on hand for trading. On 2024-04-30, short shares totaled 3.04 million, which was 537.0 higher than short shares on 1711584000. In addition to Mr. Michael T. Speetzen as the firm’s CEO & Director, Mr. Robert Paul Mack serves as its CFO, Executive VP of Finance & Corporate Development.

Institutional Ownership:

Through their ownership of 0.87228996 of PII’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, PII reported revenue of $1736400000.0 and operating income of $39000000.0. The EBITDA in the recently reported quarter was $102500000.0 and diluted EPS was $0.07.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PII since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.