Polaris Inc (NYSE: PII) Prices Could Soar To Much Higher Levels In Coming Months

In the last trading session, 1.15 million Polaris Inc (NYSE:PII) shares changed hands as the company’s beta touched 1.30. With the company’s per share price at $42.61 changed hands at -$1.4 or -3.18% during last session, the market valuation stood at $2.39B. PII’s last price was a discount, traded about -136.82% off its 52-week high of $100.91. The share price had its 52-week low at $39.79, which suggests the last value was 6.62% up since then. When we look at Polaris Inc’s average trading volume, we note the 10-day average is 1.95 million shares, with the 3-month average coming to 1.68 million.

Analysts gave the Polaris Inc (PII) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.63. If we narrow down to specifics, the data shows that 0 out of 11 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 6 recommended PII as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. Polaris Inc’s EPS for the current quarter is expected to be -0.91.

Polaris Inc (NYSE:PII) trade information

Instantly PII was in red as seen at the end of in last trading. With action -4.10%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -26.05%, with the 5-day performance at -4.10% in the red. However, in the 30-day time frame, Polaris Inc (NYSE:PII) is -5.48% down. Looking at the short shares, we see there were 8.06 million shares sold at short interest cover period of 4.08 days.

The consensus price target for the stock as assigned by Wall Street analysts is 80, meaning bulls need an upside of 46.74% from its current market value. According to analyst projections, PII’s forecast low is 73 with 84 as the target high. To hit the forecast high, the stock’s price needs a -97.14% plunge from its current level, while the stock would need to soar -71.32% for it to hit the projected low.

Polaris Inc (PII) estimates and forecasts

Year-over-year growth is forecast to reach -2.96% down from the last financial year.

Consensus estimates given by 15 financial analysts project the company’s revenue in the current quarter to hit an average of 1.53B. 15 analysts are of the opinion that Polaris Inc’s revenue for the current quarter will be 1.86B. The company’s revenue for the corresponding quarters a year ago was 1.74B and 1.96B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -11.67%. The estimates for the next quarter sales put growth at -5.14%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -17.81%. The 2025 estimates are for Polaris Inc earnings to decrease by -62.79%, but the outlook for the next 5-year period is at 7.52% per year.

PII Dividends

Polaris Inc is expected to release its next quarterly earnings report on 2025-Jan-27. The 6.22% annual yield figure for the share gives it an annual dividend of 2.65. It is important to note, however, that the 6.22% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 2.71 per year.

Polaris Inc (NYSE:PII)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 6.18% of Polaris Inc shares while 89.47% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 95.36%. There are 89.47% institutions holding the Polaris Inc stock share, with CAPITAL WORLD INVESTORS the top institutional holder. As of 2024-06-30, the company held 11.8175% of the shares, roughly 6.69 million PII shares worth $523.79 million.

VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 9.9208% or 5.64 million shares worth $442.05 million as of 2024-06-30.

Among Mutual Funds, the top two as of Dec 31, 2024 were Growth Fund of America Inc and Smallcap World Fund . With 3.84 shares estimated at $163.81 million under it, the former controlled 6.85% of total outstanding shares. On the other hand, Smallcap World Fund held about 3.34% of the shares, roughly 1.87 shares worth around $79.79 million.