For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of Polaris Inc (NYSE: PII) closed at $86.50 in the last session, down -1.93% from day before closing price of $88.20. In other words, the price has decreased by -$1.93 from its previous closing price. On the day, 1.76 million shares were traded. PII stock price reached its highest trading level at $89.28 during the session, while it also had its lowest trading level at $84.13.
Ratios:
We take a closer look at PII’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.88. For the most recent quarter (mrq), Quick Ratio is recorded 0.46 and its Current Ratio is at 1.39. In the meantime, Its Debt-to-Equity ratio is 1.45 whereas as Long-Term Debt/Eq ratio is at 1.39.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 4885537280 and an Enterprise Value of 6661207552. As of this moment, Polaris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.93, and their Forward P/E ratio for the next fiscal year is 9.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.55 while its Price-to-Book (P/B) ratio in mrq is 3.45. Its current Enterprise Value per Revenue stands at 0.739 whereas that against EBITDA is 6.94.
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 -6.78%, while the 200-Day Moving Average is calculated to be -13.40%.
Shares Statistics:
According to the various share statistics, PII traded on average about 669.50K shares per day over the past 3-months and 820160 shares per day over the past 10 days. A total of 56.50M shares are outstanding, with a floating share count of 52.99M. Insiders hold about 6.18% of the company’s shares, while institutions hold 85.65% stake in the company. Shares short for PII as of 1711584000 were 3787587 with a Short Ratio of 5.66, compared to 1709164800 on 3464995. Therefore, it implies a Short% of Shares Outstanding of 3787587 and a Short% of Float of 9.3100004.
Dividends & Splits
The forward annual dividend rate for PII is 2.61, which was 2.6 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.029478459The stock’s 5-year Average Dividend Yield is 2.49.
