Polaris Inc (NYSE: PII) is -42.42% lower on its value in year-to-date trading and has touched a low of $30.92 and a high of $90.62 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 $32.36 in the last trading session, with the day’s gains setting it 0.82%.
Currently trading at $33.18, the stock is -12.19% and -20.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.58 million and changing 2.53% at the moment leaves the stock -48.54% off its SMA200. PII registered -62.36% loss for a year compared to 6-month loss of -59.24%. The firm has a 50-day simple moving average (SMA 50) of $41.8402 and a 200-day simple moving average (SMA200) of $64.4735.
The stock witnessed a -22.04% gain in the last 1 month and extending the period to 3 months gives it a -42.04%, and is -0.66% 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 5.78% over the week and 7.09% over the month.
Polaris Inc (PII) has around 15000 employees, a market worth around $1.85B and $7.18B in sales. Current P/E ratio is 17.00 and Fwd P/E is 13.83. Profit margin for the company is 1.54%. Distance from 52-week low is 7.31% and -63.39% 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 -70.68% this year, but quarterly earnings will post -3.43% year-over-year. Quarterly sales are estimated to shrink -11.82% in year-over-year returns.
Polaris Inc (PII) Top Institutional Holders
556.0 institutions hold shares in Polaris Inc (PII), with institutional investors hold 109.24% 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 102.37% 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
#####
