Polaris Inc (NYSE: PII) is -42.46% 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 $47.28 in the last trading session, with the day’s loss setting it -0.37%.
Currently trading at $46.91, the stock is 6.30% and 14.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.32 million and changing -0.78% at the moment leaves the stock -9.97% off its SMA200. PII registered -18.59% loss for a year compared to 6-month loss of -15.57%. The firm has a 50-day simple moving average (SMA 50) of $40.6122 and a 200-day simple moving average (SMA200) of $52.4736.
The stock witnessed a 15.48% gain in the last 1 month and extending the period to 3 months gives it a 37.89%, and is -2.01% 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 4.30% over the week and 4.20% over the month.
Polaris Inc (PII) has around 15000 employees, a market worth around $2.64B and $6.97B in sales. Current P/E ratio is 65.99 and Fwd P/E is 87.48. Profit margin for the company is 0.58%. Distance from 52-week low is 51.71% and -46.69% 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 -130.79% 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 17.60%. 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.
