FY2025 Earnings Estimate for Polaris Issued By DA Davidson

Polaris Inc. (NYSE:PII) – Equities research analysts at DA Davidson dropped their FY2025 earnings estimates for Polaris in a research report issued on Monday, January 20th. DA Davidson analyst B. Rolle now forecasts that the company will post earnings of $2.15 per share for the year, down from their prior estimate of $5.25. DA Davidson currently has a “Buy” rating and a $69.00 price target on the stock. The consensus estimate for Polaris’ current full-year earnings is $3.22 per share.

Polaris (NYSE:PII) last released its earnings results on Tuesday, October 22nd. The company reported $0.73 earnings per share for the quarter, missing the consensus estimate of $0.88 by ($0.15). Polaris had a return on equity of 17.92% and a net margin of 2.64%. The company had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same period in the previous year, the firm posted $2.71 EPS. Polaris’s revenue for the quarter was down 23.4% on a year-over-year basis.

Several other brokerages have also commented on PII. Morgan Stanley reiterated an “equal weight” rating and issued a $60.00 target price (down previously from $81.00) on shares of Polaris in a research report on Tuesday. Robert W. Baird decreased their price objective on shares of Polaris from $84.00 to $72.00 and set an “outperform” rating for the company in a report on Monday, December 30th. Royal Bank of Canada lowered their target price on shares of Polaris from $82.00 to $73.00 and set a “sector perform” rating for the company in a research note on Wednesday, October 23rd. StockNews.com downgraded shares of Polaris from a “hold” rating to a “sell” rating in a research report on Wednesday, January 8th. Finally, Truist Financial lowered their price objective on shares of Polaris from $76.00 to $60.00 and set a “hold” rating for the company in a research report on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, Polaris has an average rating of “Hold” and a consensus target price of $77.82.

Polaris Stock Down 2.4 %

NYSE:PII opened at $53.74 on Wednesday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.32 and a current ratio of 1.21. The company has a market capitalization of $3.00 billion, a price-to-earnings ratio of 15.01, a price-to-earnings-growth ratio of 5.30 and a beta of 1.53. Polaris has a one year low of $52.77 and a one year high of $100.91. The stock has a 50-day simple moving average of $61.14 and a 200 day simple moving average of $73.14.

Institutional Investors Weigh In On Polaris

A number of hedge funds and other institutional investors have recently modified their holdings of PII. Venturi Wealth Management LLC grew its position in Polaris by 534.5% in the 3rd quarter. Venturi Wealth Management LLC now owns 349 shares of the company’s stock valued at $29,000 after buying an additional 294 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of Polaris by 2,431.3% in the third quarter. Blue Trust Inc. now owns 405 shares of the company’s stock valued at $32,000 after acquiring an additional 389 shares in the last quarter. Quarry LP increased its stake in shares of Polaris by 187.4% during the third quarter. Quarry LP now owns 388 shares of the company’s stock valued at $32,000 after acquiring an additional 253 shares during the period. GAMMA Investing LLC raised its holdings in Polaris by 232.6% during the fourth quarter. GAMMA Investing LLC now owns 968 shares of the company’s stock worth $56,000 after purchasing an additional 677 shares in the last quarter. Finally, Abich Financial Wealth Management LLC acquired a new stake in Polaris in the second quarter worth approximately $57,000. 88.06% of the stock is currently owned by institutional investors.

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.