DA Davidson Has Bearish Forecast for Polaris FY2025 Earnings

Polaris Inc. (NYSE:PII) – Research analysts at DA Davidson decreased their FY2025 earnings per share estimates for Polaris in a research report issued on Monday, January 20th. DA Davidson analyst B. Rolle now anticipates that the company will earn $2.15 per share for the year, down from their prior estimate of $5.25. DA Davidson currently has a “Buy” rating and a $69.00 target price on the stock. The consensus estimate for Polaris’ current full-year earnings is $3.22 per share.

Polaris (NYSE:PII) last posted its quarterly earnings results on Tuesday, October 22nd. The company reported $0.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.15). The company had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.77 billion. Polaris had a net margin of 2.64% and a return on equity of 17.92%. During the same period in the prior year, the business earned $2.71 EPS. Polaris’s revenue for the quarter was down 23.4% on a year-over-year basis.

Other research analysts have also recently issued research reports about the stock. StockNews.com cut shares of Polaris from a “hold” rating to a “sell” rating in a report on Wednesday, January 8th. KeyCorp downgraded shares of Polaris from an “overweight” rating to a “sector weight” rating in a research note on Wednesday, January 8th. Morgan Stanley reaffirmed an “equal weight” rating and set a $60.00 price target (down from $81.00) on shares of Polaris in a report on Tuesday. Truist Financial lowered their price objective on Polaris from $76.00 to $60.00 and set a “hold” rating for the company in a research report on Tuesday, January 7th. Finally, Royal Bank of Canada decreased their target price on Polaris from $82.00 to $73.00 and set a “sector perform” rating for the company in a research note on Wednesday, October 23rd. One analyst has rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Polaris presently has an average rating of “Hold” and an average price target of $77.82.

Polaris Stock Performance

Shares of Polaris stock opened at $54.99 on Wednesday. The business has a 50-day simple moving average of $61.42 and a 200-day simple moving average of $73.27. The company has a market cap of $3.07 billion, a PE ratio of 15.36, a P/E/G ratio of 5.30 and a beta of 1.53. Polaris has a one year low of $52.77 and a one year high of $100.91. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.32 and a current ratio of 1.21.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Lantz Financial LLC raised its holdings in shares of Polaris by 12.6% in the fourth quarter. Lantz Financial LLC now owns 15,616 shares of the company’s stock valued at $900,000 after buying an additional 1,746 shares during the last quarter. Impact Partnership Wealth LLC purchased a new stake in Polaris during the 4th quarter valued at approximately $378,000. Inspire Investing LLC lifted its position in Polaris by 41.6% during the 4th quarter. Inspire Investing LLC now owns 6,962 shares of the company’s stock worth $401,000 after acquiring an additional 2,045 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of Polaris by 7.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 3,601 shares of the company’s stock valued at $208,000 after purchasing an additional 263 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of Polaris in the fourth quarter valued at approximately $300,000. 88.06% of the stock is owned by hedge funds and other institutional investors.

Polaris Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were given a $0.66 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $2.64 annualized dividend and a yield of 4.80%. Polaris’s dividend payout ratio (DPR) is 73.74%.

About Polaris

Polaris Inc designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats.