With 2.99 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.76 million shares. The 52-week range on PII shows that it touched its highest point at $90.62 and its lowest point at $30.92 during that stretch. It currently has a 1-year price target of $33.73. With its current market cap of 2.19 billion, PII has annualized dividend of $2.65 while the current yield stands at 6.81%. Beta for the stock currently stands at 1.00.
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 14.65%, but this was up by 16.44% over a month. Three-month performance dropped to -12.90% while six-month performance fell -45.59%. The stock lost -53.99% in the past year, while it has lost -32.51% so far this year. A look at the trailing 12-month EPS for PII yields 0.71 with Next year EPS estimates of 0.29. For the next quarter, that number is 0.12. This implies an EPS growth rate of -131.60% for this year and 128.14% for next year. EPS is expected to decline by -14.12% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -17.81%.
Float and Shares Shorts:
At present, 56.20 million PII shares are outstanding with a float of 52.47 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PII since 11 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.25061 being high and $3.15059 being low. For PII, this leads to a yearly average estimate of $3.2206.
