Polaris Inc (NYSE: PII) is -2.36% lower on its value in year-to-date trading and has touched a low of $52.77 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 $55.63 in the last trading session, with the day’s gains setting it 0.63%.
Currently trading at $56.26, the stock is -1.82% and -11.18% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing 1.13% at the moment leaves the stock -27.39% off its SMA200. PII registered -36.18% loss for a year compared to 6-month loss of -33.96%. The firm has a 50-day simple moving average (SMA 50) of $63.6156 and a 200-day simple moving average (SMA200) of $77.7027.
The stock witnessed a -12.98% gain in the last 1 month and extending the period to 3 months gives it a -30.83%, and is -3.18% 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 3.64% over the week and 3.54% over the month.
Polaris Inc (PII) has around 18500 employees, a market worth around $3.14B and $7.71B in sales. Current P/E ratio is 15.75 and Fwd P/E is 16.37. Profit margin for the company is 2.64%. Distance from 52-week low is 6.61% and -44.25% from its 52-week high. The company has generated returns on investments over the last 12 months (6.42%).
with sales reaching $1.68B over the same period.The EPS is expected to shrink by -64.85% this year, but quarterly earnings will post -20.57% year-over-year. Quarterly sales are estimated to shrink -26.52% in year-over-year returns.
571.0 institutions hold shares in Polaris Inc (PII), with institutional investors hold 89.29% of the company’s shares. The shares outstanding are 55.80M, and float is at 52.21M with Short Float at 9.88%. Institutions hold 83.90% 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.
