Polaris Inc (NYSE: PII) is -40.58% lower on its value in year-to-date trading and has touched a low of $30.92 and a high of $93.12 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 $33.40 in the last trading session, with the day’s gains setting it 0.84%.
Currently trading at $34.24, the stock is -13.81% and -20.07% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.45 million and changing 2.51% at the moment leaves the stock -47.61% off its SMA200. PII registered -62.90% loss for a year compared to 6-month loss of -57.33%. The firm has a 50-day simple moving average (SMA 50) of $42.838 and a 200-day simple moving average (SMA200) of $65.3575.
The stock witnessed a -18.92% gain in the last 1 month and extending the period to 3 months gives it a -36.81%, and is -6.73% 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 12.57% over the week and 6.84% over the month.
Polaris Inc (PII) has around 15000 employees, a market worth around $1.91B and $7.18B in sales. Current P/E ratio is 17.55 and Fwd P/E is 13.06. Profit margin for the company is 1.54%. Distance from 52-week low is 10.74% and -63.23% 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 -69.07% this year, but quarterly earnings will post -3.43% year-over-year. Quarterly sales are estimated to shrink -11.69% in year-over-year returns.
Polaris Inc (PII) Top Institutional Holders
557.0 institutions hold shares in Polaris Inc (PII), with institutional investors hold 95.47% of the company’s shares. The shares outstanding are 56.10M, and float is at 52.24M with Short Float at 12.82%. 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 8.308% and valued at over $368.24 million, while STATE STREET CORP holds 5.3306 of the shares totaling 3.02 million with a market value of $236.27 million.
Polaris Inc (PII) Insider Activity
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