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The closing price of Polaris Inc (NYSE: PII) was $86.53 for the day, down -0.27% from the previous closing price of $86.76. In other words, the price has decreased by -$0.27 from its previous closing price. On the day, 0.58 million shares were traded. PII stock price reached its highest trading level at $88.47 during the session, while it also had its lowest trading level at $85.91.
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 13.29 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:
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 4887231488 and an Enterprise Value of 6567019008. As of this moment, Polaris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.94, and their Forward P/E ratio for the next fiscal year is 9.34. 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 0.728 whereas that against EBITDA is 6.842.
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 -6.90%, while the 200-Day Moving Average is calculated to be -13.82%.
Shares Statistics:
PII traded an average of 664.84K shares per day over the past three months and 578720 shares per day over the past ten days. A total of 56.50M shares are outstanding, with a floating share count of 52.94M. Insiders hold about 6.28% of the company’s shares, while institutions hold 85.73% stake in the company. Shares short for PII as of 1711584000 were 3787587 with a Short Ratio of 5.70, 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
With its trailing 12-month dividend rate of 2.6, PII has a forward annual dividend rate of 2.61. The stock’s 5-year Average Dividend Yield is 2.49.
Earnings Estimates
The current market rating for Polaris Inc (PII) reflects the collective analysis of Pitney Bowes Inc. analysts closely monitoring its performance.The consensus estimate for the next quarter is $18.58, with high estimates of $122.08 and low estimates of $25.03.
