Polaris Inc (NYSE: PII) is -41.06% 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 $33.83 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $33.96, the stock is -1.81% and -15.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.28 million and changing 0.38% at the moment leaves the stock -45.91% off its SMA200. PII registered -59.48% loss for a year compared to 6-month loss of -52.34%. The firm has a 50-day simple moving average (SMA 50) of $40.1168 and a 200-day simple moving average (SMA200) of $62.7884.
The stock witnessed a -17.05% gain in the last 1 month and extending the period to 3 months gives it a -30.38%, and is -0.21% 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 8.58% over the week and 8.45% over the month.
Polaris Inc (PII) has around 15000 employees, a market worth around $1.90B and $6.97B in sales. Current P/E ratio is 47.77 and Fwd P/E is 62.26. Profit margin for the company is 0.58%. Distance from 52-week low is 9.83% and -62.52% from its 52-week high. The company has generated returns on investments over the last 12 months (1.41%).
with sales reaching $1.75B over the same period.The EPS is expected to shrink by -119.20% this year, but quarterly earnings will post -7.14% year-over-year. Quarterly sales are estimated to shrink -10.86% in year-over-year returns.
554.0 institutions hold shares in Polaris Inc (PII), with institutional investors hold 97.99% of the company’s shares. The shares outstanding are 55.90M, and float is at 52.24M with Short Float at 14.20%. Institutions hold 91.83% 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.
