What should you know before buying stock in Polaris Inc (PII)

Polaris Inc (NYSE: PII) is -32.14% lower on its value in year-to-date trading and has touched a low of $30.92 and a high of $88.00 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 $39.24 in the last trading session, with the day’s loss setting it -0.14%.

Currently trading at $39.10, the stock is 9.38% and 3.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.47 million and changing -0.36% at the moment leaves the stock -34.67% off its SMA200. PII registered -54.68% loss for a year compared to 6-month loss of -42.08%.

The stock witnessed a 17.84% gain in the last 1 month and extending the period to 3 months gives it a -15.46%, and is 0.54% up 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 3.65% over the week and 5.65% over the month.

Polaris Inc (PII) has around 15000 employees, a market worth around $2.20B and $6.97B in sales. Current P/E ratio is 55.00 and Fwd P/E is 357.67. Profit margin for the company is 0.58%. Distance from 52-week low is 26.46% and -55.57% from its 52-week high. The company has generated returns on investments over the last 12 months (1.37%).

The EPS is expected to shrink by -136.66% this year.

Polaris Inc (PII) Top Institutional Holders

The shares outstanding are 56.20M, and float is at 52.47M with Short Float at 16.60%.

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 9.9734 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.