Polaris Inc (NYSE: PII) is -3.82% lower on its value in year-to-date trading and has touched a low of $55.55 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 $58.11 in the last trading session, with the day’s loss setting it -2.69%.
Currently trading at $55.42, the stock is -6.34% and -14.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.22 million and changing -4.63% at the moment leaves the stock -29.24% off its SMA200. PII registered -38.83% loss for a year compared to 6-month loss of -25.36%. The firm has a 50-day simple moving average (SMA 50) of $64.703 and a 200-day simple moving average (SMA200) of $78.3213.
The stock witnessed a -12.90% gain in the last 1 month and extending the period to 3 months gives it a -30.01%, and is -3.82% 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 3.52% over the week and 3.61% over the month.
Polaris Inc (PII) has around 18500 employees, a market worth around $3.09B and $7.71B in sales. Current P/E ratio is 15.52 and Fwd P/E is 16.07. Profit margin for the company is 2.64%. Distance from 52-week low is -0.23% and -45.08% 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 -64.85% this year
575.0 institutions hold shares in Polaris Inc (PII), with institutional investors hold 89.22% of the company’s shares. The shares outstanding are 55.80M, and float is at 52.21M with Short Float at 8.07%. Institutions hold 83.84% 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.
