Polaris (NYSE:PII) Announces Earnings Results

Polaris (NYSE:PII) announced its earnings results on Tuesday. The company reported $0.92 EPS for the quarter, topping the consensus estimate of $0.89 by $0.03, Zacks reports. Polaris had a net margin of 2.64% and a return on equity of 17.92%. Polaris updated its FY 2025 guidance to 1.140-1.140 EPS.

Polaris Trading Up 4.8 %

Polaris stock opened at $56.39 on Tuesday. Polaris has a 12 month low of $52.62 and a 12 month high of $100.91. The stock has a market cap of $3.14 billion, a price-to-earnings ratio of 15.75, a price-to-earnings-growth ratio of 6.05 and a beta of 1.53. The business has a 50 day moving average price of $60.42 and a two-hundred day moving average price of $72.68. The company has a quick ratio of 0.32, a current ratio of 1.21 and a debt-to-equity ratio of 1.28.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on PII. Royal Bank of Canada reduced their target price on Polaris from $82.00 to $73.00 and set a “sector perform” rating for the company in a report on Wednesday, October 23rd. StockNews.com lowered Polaris from a “hold” rating to a “sell” rating in a research report on Wednesday, January 8th. DA Davidson dropped their target price on Polaris from $84.00 to $69.00 and set a “buy” rating on the stock in a report on Friday, January 17th. Robert W. Baird reduced their price target on shares of Polaris from $84.00 to $72.00 and set an “outperform” rating for the company in a research report on Monday, December 30th. Finally, Truist Financial lowered their price objective on shares of Polaris from $76.00 to $60.00 and set a “hold” rating on the stock in a research report on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Polaris currently has a consensus rating of “Hold” and an average target price of $73.45.

About Polaris

Polaris Inc designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats.