Stock Market Recap: Polaris Inc (PII) Concludes at 66.20, a -3.54 Surge/Decline

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After finishing at $68.63 in the prior trading day, Polaris Inc (NYSE: PII) closed at $66.20, down -3.54%. In other words, the price has decreased by -$3.54 from its previous closing price. On the day, 0.96 million shares were traded. PII stock price reached its highest trading level at $68.53 during the session, while it also had its lowest trading level at $66.07.

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 12.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.40. For the most recent quarter (mrq), Quick Ratio is recorded 0.32 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 1.72 whereas as Long-Term Debt/Eq ratio is at 1.36.

Longbow Upgraded its Neutral to Buy on April 08, 2024, while the target price for the stock was maintained at $120.

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 3691993600 and an Enterprise Value of 5719094272. As of this moment, Polaris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.53, and their Forward P/E ratio for the next fiscal year is 17.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 2.75. Its current Enterprise Value per Revenue stands at 0.733 whereas that against EBITDA is 8.849.

Stock Price History:

Over the past 52 weeks, PII has reached a high of $100.91, while it has fallen to a 52-week low of $68.45. The 50-Day Moving Average of the stock is -15.44%, while the 200-Day Moving Average is calculated to be -21.00%.

Shares Statistics:

The stock has traded on average 598.86K shares per day over the past 3-months and 711050 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 52.21M. Insiders hold about 6.38% of the company’s shares, while institutions hold 84.33% stake in the company. Shares short for PII as of 1728950400 were 3243902 with a Short Ratio of 5.96, compared to 1726185600 on 2806973. Therefore, it implies a Short% of Shares Outstanding of 3243902 and a Short% of Float of 8.1199996.

Dividends & Splits

In the trailing 12 months, PII’s forward annual dividend rate was 2.63, compared to 2.63 this year. Against a Trailing Annual Dividend Yield of 0.038321435The stock’s 5-year Average Dividend Yield is 2.56.

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