Polaris Inc (NYSE: PII) is -21.42% lower on its value in year-to-date trading and has touched a low of $43.20 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 $45.72 in the last trading session, with the day’s loss setting it -0.44%.
Currently trading at $45.28, the stock is -13.99% and -22.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.84 million and changing -0.96% at the moment leaves the stock -39.24% off its SMA200. PII registered -49.93% loss for a year compared to 6-month loss of -43.26%. The firm has a 50-day simple moving average (SMA 50) of $58.9576 and a 200-day simple moving average (SMA200) of $74.7338.
The stock witnessed a -21.74% gain in the last 1 month and extending the period to 3 months gives it a -35.68%, and is -7.18% 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 6.07% over the week and 4.49% over the month.
Polaris Inc (PII) has around 18500 employees, a market worth around $2.53B and $7.18B in sales. Current P/E ratio is 23.20 and Fwd P/E is 15.55. Profit margin for the company is 1.54%. Distance from 52-week low is 4.81% and -55.13% from its 52-week high. The company has generated returns on investments over the last 12 months (3.78%).
with sales reaching $1.53B over the same period.The EPS is expected to shrink by -62.80% this year, but quarterly earnings will post -2.96% year-over-year. Quarterly sales are estimated to shrink -11.67% in year-over-year returns.
568.0 institutions hold shares in Polaris Inc (PII), with institutional investors hold 89.35% of the company’s shares. The shares outstanding are 55.77M, and float is at 52.02M with Short Float at 10.08%. Institutions hold 83.96% 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.
