Polaris Inc. (NYSE:PII) Receives $64.44 Consensus Target Price from Analysts

Polaris Inc. (NYSE:PII) has been assigned a consensus recommendation of “Hold” from the twelve analysts that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, ten have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $64.4444.

PII has been the topic of a number of research reports. Robert W. Baird upped their target price on shares of Polaris from $67.00 to $70.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Weiss Ratings downgraded shares of Polaris from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, February 17th. Raymond James Financial restated an “outperform” rating on shares of Polaris in a research report on Wednesday, April 29th. Roth Mkm restated a “neutral” rating on shares of Polaris in a research report on Wednesday, April 29th. Finally, Wells Fargo & Company upped their target price on shares of Polaris from $52.00 to $60.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 29th.

Polaris Stock Performance

Polaris stock opened at $70.97 on Friday. The company has a current ratio of 1.21, a quick ratio of 0.48 and a debt-to-equity ratio of 2.72. Polaris has a 1 year low of $38.42 and a 1 year high of $75.25. The company has a market cap of $4.04 billion, a PE ratio of -9.05 and a beta of 1.26. The company’s 50-day moving average is $63.24 and its two-hundred day moving average is $63.71.

Polaris (NYSE:PII) last released its earnings results on Monday, April 27th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.43) by $0.56. Polaris had a negative net margin of 6.13% and a positive return on equity of 5.91%. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same period in the prior year, the company posted ($0.90) EPS. The company’s revenue was up 8.0% compared to the same quarter last year. Polaris has set its FY 2026 guidance at 1.600-1.700 EPS. Equities analysts anticipate that Polaris will post 1.76 earnings per share for the current year.

Polaris Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Monday, June 1st. Polaris’s dividend payout ratio (DPR) is currently -34.69%.

Institutional Trading of Polaris

Hedge funds have recently modified their holdings of the company. Kemnay Advisory Services Inc. acquired a new stake in shares of Polaris in the 4th quarter valued at approximately $27,000. Danske Bank A S raised its position in shares of Polaris by 150.0% in the 4th quarter. Danske Bank A S now owns 500 shares of the company’s stock valued at $32,000 after acquiring an additional 300 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Polaris in the 4th quarter valued at approximately $40,000. Bard Associates Inc. acquired a new stake in shares of Polaris in the 4th quarter valued at approximately $46,000. Finally, Hilton Head Capital Partners LLC acquired a new stake in shares of Polaris in the 4th quarter valued at approximately $52,000. 88.06% of the stock is currently owned by institutional investors and hedge funds.

About Polaris

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.