Analytical Lens: Exploring Polaris Inc (PII)’s Financial Story Through Ratios

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The closing price of Polaris Inc (NYSE: PII) was $74.24 for the day, down -1.89% from the previous closing price of $75.67. In other words, the price has decreased by -$1.89 from its previous closing price. On the day, 1.11 million shares were traded. PII stock price reached its highest trading level at $75.74 during the session, while it also had its lowest trading level at $73.34.

Ratios:

Our analysis of PII’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.23. For the most recent quarter (mrq), Quick Ratio is recorded 0.42 and its Current Ratio is at 1.47. In the meantime, Its Debt-to-Equity ratio is 1.61 whereas as Long-Term Debt/Eq ratio is at 1.54.

On April 03, 2024, BofA Securities started tracking the stock assigning a Neutral rating and target price of $110.

Morgan Stanley Upgraded its Equal-Weight to Overweight on January 17, 2024, whereas the target price for the stock was revised from $103 to $113.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 07 ’23 when Mack Robert Paul sold 8,312 shares for $130.00 per share. The transaction valued at 1,080,560 led to the insider holds 28,356 shares of the business.

FARR KEVIN M sold 3,225 shares of PII for $429,828 on Aug 03 ’23. The Director now owns 14,645 shares after completing the transaction at $133.28 per share. On Jul 28 ’23, another insider, Eastman Stephen L., who serves as the President – PG&A + Aftermarket of the company, sold 10,000 shares for $135.82 each. As a result, the insider received 1,358,200 and left with 17,800 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PII now has a Market Capitalization of 4195562240 and an Enterprise Value of 6087364096. As of this moment, Polaris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.88, and their Forward P/E ratio for the next fiscal year is 8.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 3.04. Its current Enterprise Value per Revenue stands at 0.71 whereas that against EBITDA is 7.257.

Stock Price History:

Over the past 52 weeks, PII has reached a high of $138.49, while it has fallen to a 52-week low of $74.25. The 50-Day Moving Average of the stock is -8.99%, while the 200-Day Moving Average is calculated to be -17.43%.

Shares Statistics:

PII traded an average of 747.04K shares per day over the past three months and 925600 shares per day over the past ten days. A total of 56.50M shares are outstanding, with a floating share count of 52.95M. Insiders hold about 6.30% of the company’s shares, while institutions hold 85.77% stake in the company. Shares short for PII as of 1718323200 were 4387415 with a Short Ratio of 5.87, compared to 1715731200 on 3052934. Therefore, it implies a Short% of Shares Outstanding of 4387415 and a Short% of Float of 10.780000000000001.

Dividends & Splits

With its trailing 12-month dividend rate of 2.61, PII has a forward annual dividend rate of 2.62. Against a Trailing Annual Dividend Yield of 0.03449187The stock’s 5-year Average Dividend Yield is 2.52.

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