Polaris Inc. [NYSE: PII] plunged by -$5.25 during the normal trading session on Wednesday and reaching a high of $96.69 during the day while it closed the day at $90.25. The company report on October 14, 2020 that Polaris RZR Factory Racing Dominates the 2020 UTV World Championship.
RZR Factory Racer Ryan Piplic takes UTV Desert Pro Turbo Title, Polaris RZR Awards Factory Sponsorships to Youth Class Winners .
Polaris Inc. stock has also loss -5.16% of its value over the past 7 days. However, PII stock has declined by -6.06% in the 3 months of the year. Over the past six months meanwhile, it has gained 46.82% and lost -11.26% year-on date.
The market cap for PII stock reached $5.61 billion, with 61.60 million shares outstanding and 57.43 million shares in the current float. Compared to the average trading volume of 782.30K shares, PII reached a trading volume of 1020734 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Polaris Inc. [PII]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PII shares is $116.71 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PII stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Robert W. Baird have made an estimate for Polaris Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on October 05, 2020. The new note on the price target was released on September 30, 2020, representing the official price target for Polaris Inc. stock. Previously, the target price had yet another raise to $120, while Citigroup analysts kept a Buy rating on PII stock. On July 29, 2020, analysts increased their price target for PII shares from 107 to 128.
The Average True Range (ATR) for Polaris Inc. is set at 3.80, with the Price to Sales ratio for PII stock in the period of the last 12 months amounting to 0.87. The Price to Book ratio for the last quarter was 7.39, with the Price to Cash per share for the same quarter was set at 8.76. Price to Free Cash Flow for PII in the course of the last twelve months was 13.71 with Quick ratio for the last quarter at 0.40.
PII stock trade performance evaluation
Polaris Inc. [PII] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.16. With this latest performance, PII shares dropped by -0.72% in over the last four-week period, additionally plugging by 46.82% over the last 6 months – not to mention a drop of -10.96% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PII stock in for the last two-week period is set at 37.69, with the RSI for the last a single of trading hit 33.35, and the three-weeks RSI is set at 41.57 for Polaris Inc. [PII]. The present Moving Average for the last 50 days of trading for this stock 97.75, while it was recorded at 94.71 for the last single week of trading, and 86.29 for the last 200 days.
Polaris Inc. [PII]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Polaris Inc. [PII] shares currently have an operating margin of +5.93 and a Gross Margin at +23.18. Polaris Inc.’s Net Margin is presently recorded at +4.78.
Return on Total Capital for PII is now 13.99, given the latest momentum, and Return on Invested Capital for the company is 11.83. Return on Equity for this stock inclined to 32.81, with Return on Assets sitting at 7.57. When it comes to the capital structure of this company, Polaris Inc. [PII] has a Total Debt to Total Equity ratio set at 163.03. Additionally, PII Total Debt to Total Capital is recorded at 61.98, with Total Debt to Total Assets ending up at 40.77. Long-Term Debt to Equity for the company is recorded at 144.83, with the Long-Term Debt to Total Capital now at 55.06.
Reflecting on the efficiency of the workforce at the company, Polaris Inc. [PII] managed to generate an average of $23,140 per employee. Receivables Turnover for the company is 29.72 with a Total Asset Turnover recorded at a value of 1.59.Polaris Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.40 and a Current Ratio set at 1.00.
Earnings per share (EPS) analysis for Polaris Inc. [PII] stock
With the latest financial reports released by the company, Polaris Inc. posted 1.68/share EPS, while the average EPS was predicted by analysts to be reported at 1.58/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 6.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PII. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Polaris Inc. go to 15.00%.
Polaris Inc. [PII]: Insider Ownership positions
There are presently around $4,091 million, or 75.70% of PII stock, in the hands of institutional investors. The top three institutional holders of PII stocks are: VANGUARD GROUP INC with ownership of 6,020,392, which is approximately -6.663% of the company’s market cap and around 1.10% of the total institutional ownership; BLACKROCK INC., holding 5,241,676 shares of the stock with an approximate value of $473.06 million in PII stocks shares; and STATE STREET CORP, currently with $458.86 million in PII stock with ownership of nearly 26.612% of the company’s market capitalization.
Positions in Polaris Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 207 institutional holders increased their position in Polaris Inc. [NYSE:PII] by around 9,367,492 shares. Additionally, 237 investors decreased positions by around 9,797,764 shares, while 50 investors held positions by with 26,169,767 shares. The mentioned changes placed institutional holdings at 45,335,023 shares, according to the latest SEC report filing. PII stock had 102 new institutional investments in for a total of 3,637,914 shares, while 77 institutional investors sold positions of 1,684,872 shares during the same period.