Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Polaris Inc (NYSE: PII) closed the day trading at $84.11 down -0.86% from the previous closing price of $84.84. In other words, the price has decreased by -$0.86 from its previous closing price. On the day, 0.53 million shares were traded. PII stock price reached its highest trading level at $86.11 during the session, while it also had its lowest trading level at $84.08.
Ratios:
For a better understanding of PII, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.86. 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 4753350656 and an Enterprise Value of 6645152256. As of this moment, Polaris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.33, and their Forward P/E ratio for the next fiscal year is 9.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 3.45. Its current Enterprise Value per Revenue stands at 0.775 whereas that against EBITDA is 7.922.
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 $82.00. The 50-Day Moving Average of the stock is -7.89%, while the 200-Day Moving Average is calculated to be -13.87%.
Shares Statistics:
Over the past 3-months, PII traded about 663.18K shares per day on average, while over the past 10 days, PII traded about 1008610 shares per day. A total of 56.50M shares are outstanding, with a floating share count of 52.96M. Insiders hold about 6.30% of the company’s shares, while institutions hold 86.62% stake in the company. Shares short for PII as of 1713139200 were 3085411 with a Short Ratio of 4.65, compared to 1710460800 on 3456641. Therefore, it implies a Short% of Shares Outstanding of 3085411 and a Short% of Float of 7.59.
Dividends & Splits
PII’s forward annual dividend rate is 2.61, up from 2.61 a year ago. Against a Trailing Annual Dividend Yield of 0.03076379The stock’s 5-year Average Dividend Yield is 2.5.
Earnings Estimates
The market rating of Polaris Inc (PII) is currently shaped by the ongoing analysis conducted by 14.0 analysts closely monitoring its performance.On average, analysts expect EPS of $2.27 for the current quarter, with a high estimate of $2.49 and a low estimate of $1.93, while EPS last year was $2.42. The consensus estimate for the next quarter is $2.75, with high estimates of $3.05 and low estimates of $2.56.
Analysts are recommending an EPS of between $8.23 and $7.75 for the fiscal current year, implying an average EPS of $7.96. EPS for the following year is $9.27, with 15.0 analysts recommending between $10.08 and $8.4.
Revenue Estimates
13 analysts predict $2.17B in revenue for the current quarter. It ranges from a high estimate of $2.22B to a low estimate of $2.07B. As of the current estimate, Polaris Inc’s year-ago sales were $2.14BFor the next quarter, 13 analysts are estimating revenue of $2.23B. There is a high estimate of $2.29B for the next quarter, whereas the lowest estimate is $2.18B.
A total of 14 analysts have provided revenue estimates for PII’s current fiscal year. The highest revenue estimate was $8.53B, while the lowest revenue estimate was $8.28B, resulting in an average revenue estimate of $8.4B. In the same quarter a year ago, actual revenue was $8.93BBased on 14 analysts’ estimates, the company’s revenue will be $8.71B in the next fiscal year. The high estimate is $8.88B and the low estimate is $8.5B.
