Polaris Inc (NYSE: PII) is -26.14% lower on its value in year-to-date trading and has touched a low of $39.79 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 $42.61 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $42.56, the stock is -4.27% and -11.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing -0.12% at the moment leaves the stock -38.09% off its SMA200. PII registered -53.67% loss for a year compared to 6-month loss of -49.04%. The firm has a 50-day simple moving average (SMA 50) of $48.108 and a 200-day simple moving average (SMA200) of $68.74195.
The stock witnessed a -7.98% gain in the last 1 month and extending the period to 3 months gives it a -32.55%, and is -4.21% 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 5.29% over the week and 5.32% over the month.
Polaris Inc (PII) has around 15000 employees, a market worth around $2.39B and $7.18B in sales. Current P/E ratio is 21.81 and Fwd P/E is 14.61. Profit margin for the company is 1.54%. Distance from 52-week low is 6.96% and -57.82% from its 52-week high. The company has generated returns on investments over the last 12 months (3.66%).
The EPS is expected to shrink by -62.79% this year
565.0 institutions hold shares in Polaris Inc (PII), with institutional investors hold 95.37% of the company’s shares. The shares outstanding are 56.10M, and float is at 52.34M with Short Float at 15.41%. Institutions hold 89.47% of the Float.
The top institutional shareholder in the company is CAPITAL WORLD INVESTORS with over 6.69 million shares valued at $$523.79 million. The investor’s holdings represent 11.8175 of the PII Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.64 million shares valued at $$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.
