Polaris Inc (NYSE: PII) is -22.16% lower on its value in year-to-date trading and has touched a low of $42.85 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 $46.43 in the last trading session, with the day’s loss setting it -1.58%.
Currently trading at $44.85, the stock is -1.78% and -14.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing -3.40% at the moment leaves the stock -37.32% off its SMA200. PII registered -50.79% loss for a year compared to 6-month loss of -48.37%.
The stock witnessed a -12.64% gain in the last 1 month and extending the period to 3 months gives it a -34.00%, and is -2.20% 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 4.07% over the week and 4.30% over the month.
Polaris Inc (PII) has around 15000 employees, a market worth around $2.52B and $7.18B in sales. Current P/E ratio is 22.98 and Fwd P/E is 15.40. Profit margin for the company is 1.54%. Distance from 52-week low is 4.67% and -55.55% from its 52-week high. The company has generated returns on investments over the last 12 months (3.66%).
with sales reaching $1.53B over the same period.The EPS is expected to shrink by -62.79% 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.
The shares outstanding are 56.10M, and float is at 52.33M with Short Float at 13.09%.
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 11.8175 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.
