Polaris (NYSE:PII) Announces Quarterly Earnings Results

Polaris (NYSE:PII) released its quarterly earnings data on Tuesday. The company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.89 by $0.03, Zacks reports. Polaris had a net margin of 2.64% and a return on equity of 17.92%. Polaris updated its FY 2025 guidance to 1.140-1.140 EPS.

Polaris Trading Down 9.3 %

NYSE PII opened at $51.26 on Wednesday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.32 and a current ratio of 1.21. The company has a market capitalization of $2.86 billion, a price-to-earnings ratio of 14.32, a price-to-earnings-growth ratio of 6.05 and a beta of 1.53. The company’s 50-day simple moving average is $60.12 and its two-hundred day simple moving average is $72.47. Polaris has a one year low of $51.17 and a one year high of $100.91.

Analyst Ratings Changes

PII has been the subject of several research reports. KeyCorp lowered shares of Polaris from an “overweight” rating to a “sector weight” rating in a research report on Wednesday, January 8th. Robert W. Baird lowered their target price on shares of Polaris from $84.00 to $72.00 and set an “outperform” rating for the company in a report on Monday, December 30th. Citigroup lowered their target price on shares of Polaris from $73.00 to $57.00 and set a “neutral” rating for the company in a report on Thursday, January 23rd. Roth Mkm lowered their target price on shares of Polaris from $76.00 to $57.00 and set a “neutral” rating for the company in a report on Friday, January 24th. Finally, Truist Financial lowered their target price on shares of Polaris from $76.00 to $60.00 and set a “hold” rating for the company in a report on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $73.45.

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.