Polaris Inc (NYSE: PII) is -39.60% lower on its value in year-to-date trading and has touched a low of $30.92 and a high of $87.83 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 $53.48 in the last trading session, with the day’s loss setting it -3.87%.
Currently trading at $49.61, the stock is 5.67% and 15.96% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.38 million and changing -7.24% at the moment leaves the stock -2.89% off its SMA200. PII registered -13.90% loss for a year compared to 6-month loss of -7.72%. The firm has a 50-day simple moving average (SMA 50) of $42.7828 and a 200-day simple moving average (SMA200) of $51.0876.
The stock witnessed a 22.28% gain in the last 1 month and extending the period to 3 months gives it a 45.78%, and is 5.58% 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 5.64% over the week and 4.65% over the month.
Polaris Inc (PII) has around 15000 employees, a market worth around $2.79B and $6.97B in sales. Current P/E ratio is 69.78 and Fwd P/E is 73.51. Profit margin for the company is 0.58%. Distance from 52-week low is 60.45% and -43.52% 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 -125.70% this year
515.0 institutions hold shares in Polaris Inc (PII), with institutional investors hold 103.37% 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 96.84% 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.
