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After finishing at $82.14 in the prior trading day, Polaris Inc (NYSE: PII) closed at $78.18, down -4.82%. In other words, the price has decreased by -$4.82 from its previous closing price. On the day, 3.97 million shares were traded. PII stock price reached its highest trading level at $80.72 during the session, while it also had its lowest trading level at $73.51.
Ratios:
Our goal is to gain a better understanding of PII by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.88. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 4642023424 and an Enterprise Value of 6310027264. As of this moment, Polaris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.46, and their Forward P/E ratio for the next fiscal year is 9.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 3.21. Its current Enterprise Value per Revenue stands at 0.736 whereas that against EBITDA is 7.523.
Stock Price History:
The Beta on a monthly basis for PII is 1.53, which has changed by -0.4300503 over the last 52 weeks, in comparison to a change of 0.21656322 over the same period for the S&P500. Over the past 52 weeks, PII has reached a high of $138.49, while it has fallen to a 52-week low of $73.26. The 50-Day Moving Average of the stock is -2.81%, while the 200-Day Moving Average is calculated to be -11.63%.
Shares Statistics:
The stock has traded on average 832.21K shares per day over the past 3-months and 1412610 shares per day over the last 10 days, according to various share statistics. 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 85.62% stake in the company. Shares short for PII as of 1719532800 were 3664411 with a Short Ratio of 4.40, compared to 1717113600 on 3939028. Therefore, it implies a Short% of Shares Outstanding of 3664411 and a Short% of Float of 9.0.
Dividends & Splits
In the trailing 12 months, PII’s forward annual dividend rate was 2.61, compared to 2.62 this year. Against a Trailing Annual Dividend Yield of 0.031775016The stock’s 5-year Average Dividend Yield is 2.52. The current Payout Ratio is 29.84% for PII, which recently paid a dividend on 2024-06-03 with an ex-dividend date of 1717372800. Stock splits for the company last occurred on 2011-09-13 when the company split stock in a 2:1 ratio.
