Polaris Inc (NYSE: PII) is -33.18% 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 $47.87 in the last trading session, with the day’s gains setting it 2.2%.
Currently trading at $50.07, the stock is 17.00% and 25.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.7 million and changing 4.60% at the moment leaves the stock -5.20% off its SMA200. PII registered -13.10% loss for a year compared to 6-month loss of -14.20%. The firm has a 50-day simple moving average (SMA 50) of $40.0058 and a 200-day simple moving average (SMA200) of $52.818.
The stock witnessed a 20.36% gain in the last 1 month and extending the period to 3 months gives it a 56.62%, and is 7.29% 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 3.95% over the week and 4.13% over the month.
Polaris Inc (PII) has around 15000 employees, a market worth around $2.81B and $6.97B in sales. Current P/E ratio is 70.43 and Fwd P/E is 327.90. Profit margin for the company is 0.58%. Distance from 52-week low is 61.93% and -43.10% 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 -136.58% this year
513.0 institutions hold shares in Polaris Inc (PII), with institutional investors hold 103.33% of the company’s shares. The shares outstanding are 56.20M, and float is at 52.46M with Short Float at 15.58%. Institutions hold 96.80% 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 9.9734 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.
