Polaris Inc (NYSE: PII) is -30.84% lower on its value in year-to-date trading and has touched a low of $64.56 and a high of $100.91 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PII stock was last observed hovering at around $67.43 in the last trading session, with the day’s loss setting it -1.89%.
Currently trading at $65.54, the stock is -3.33% and -11.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing -2.80% at the moment leaves the stock -20.12% off its SMA200. PII registered -24.27% loss for a year compared to 6-month loss of -17.73%. The firm has a 50-day simple moving average (SMA 50) of $74.3566 and a 200-day simple moving average (SMA200) of $82.1877.
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The stock witnessed a -7.48% gain in the last 1 month and extending the period to 3 months gives it a -19.10%, and is -2.92% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.10% over the week and 2.83% over the month.
Polaris Inc (PII) has around 18500 employees, a market worth around $3.66B and $7.71B in sales. Current P/E ratio is 18.35 and Fwd P/E is 17.08. Profit margin for the company is 2.64%. Distance from 52-week low is 1.52% and -35.05% from its 52-week high. The company has generated returns on investments over the last 12 months (6.42%).
The EPS is expected to shrink by -64.63% this year
578.0 institutions hold shares in Polaris Inc (PII), with institutional investors hold 89.20% of the company’s shares. The shares outstanding are 55.80M, and float is at 52.21M with Short Float at 7.01%. Institutions hold 83.82% of the Float.
The top institutional shareholder in the company is CAPITAL WORLD INVESTORS with over 6.69 million shares valued at $523.79 million. The investor’s holdings represent 11.7552 of the PII Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.64 million shares valued at $442.05 million to account for 9.9208 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 4.7 million shares representing 8.2642 and valued at over $368.24 million, while STATE STREET CORP holds 5.3025 of the shares totaling 3.02 million with a market value of $236.27 million.
