As of close of business last night, Polaris Inc’s stock clocked out at $92.29, down -5.48% from its previous closing price of $97.64. In other words, the price has decreased by -$5.35 from its previous closing price. On the day, 987030 shares were traded.
Ratios:
To gain a deeper understanding of PII’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.46. 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:
Investing in insider trades can also provide an investor with insight into how management views future 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 5.51B and an Enterprise Value of 7.20B. As of this moment, Polaris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.60, and their Forward P/E ratio for the next fiscal year is 9.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 3.68. Its current Enterprise Value per Revenue stands at 0.81 whereas that against EBITDA is 7.17.
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 92.95, while the 200-Day Moving Average is calculated to be 101.13.
Shares Statistics:
It appears that PII traded 659.88K shares on average per day over the past three months and 513.38k shares per day over the past ten days. A total of 56.50M shares are outstanding, with a floating share count of 52.86M. Insiders hold about 6.28% of the company’s shares, while institutions hold 85.79% stake in the company. Shares short for PII as of Mar 28, 2024 were 3.79M with a Short Ratio of 5.74, compared to 3.46M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.71% and a Short% of Float of 9.31%.
Dividends & Splits
With its trailing 12-month dividend rate of 2.60, PII has a forward annual dividend rate of 2.61. Against a Trailing Annual Dividend Yield of 2.66%, it implies a Forward Annual Dividend Yield of 2.86%. The stock’s 5-year Average Dividend Yield is 2.49. The current Payout Ratio is 29.84% for PII, which recently paid a dividend on Mar 15, 2024 with an ex-dividend date of Feb 29, 2024. Stock splits for the company last occurred on Sep 13, 2011 when the company split stock in a 2:1 ratio.
Earnings Estimates
As of right now, 14 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.05 for the current quarter, with a high estimate of $0.14 and a low estimate of $0, while EPS last year was $2.05. The consensus estimate for the next quarter is $2.11, with high estimates of $2.46 and low estimates of $1.82.
Analysts are recommending an EPS of between $8.23 and $7.17 for the fiscal current year, implying an average EPS of $7.89. EPS for the following year is $9.31, with 18 analysts recommending between $10.08 and $7.77.
Revenue Estimates
In the current quarter, 15 analysts expect revenue to total $1.74B. It ranges from a high estimate of $1.78B to a low estimate of $1.68B. As of the current estimate, Polaris Inc’s year-ago sales were $2.18B, an estimated decrease of -20.10% from the year-ago figure. For the next quarter, 15 analysts are estimating revenue of $2.11B, a decrease of -1.80% over than the figure of -$20.10% in the same quarter last year. There is a high estimate of $2.19B for the next quarter, whereas the lowest estimate is $2.06B.
A total of 18 analysts have provided revenue estimates for PII’s current fiscal year. The highest revenue estimate was $8.48B, while the lowest revenue estimate was $8.12B, resulting in an average revenue estimate of $8.4B. In the same quarter a year ago, actual revenue was $8.93B, down -6.00% from the average estimate. Based on 18 analysts’ estimates, the company’s revenue will be $8.72B in the next fiscal year. The high estimate is $9.11B and the low estimate is $8.43B. The average revenue growth estimate for next year is up 3.80% from the average revenue estimate for this year.
