Polaris (NYSE:PII) Shares Gap Down – What’s Next?

Shares of Polaris Inc. (NYSE:PII) gapped down prior to trading on Tuesday . The stock had previously closed at $69.11, but opened at $64.30. Polaris shares last traded at $64.4430, with a volume of 288,772 shares trading hands.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on PII shares. Roth Mkm boosted their price objective on shares of Polaris from $54.00 to $57.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. Morgan Stanley boosted their price target on Polaris from $72.00 to $81.00 and gave the stock an “equal weight” rating in a research note on Friday, January 16th. Citigroup raised their price objective on Polaris from $60.00 to $71.00 and gave the company a “neutral” rating in a research note on Thursday, October 30th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $67.00 target price on shares of Polaris in a research report on Tuesday. Finally, Zacks Research downgraded shares of Polaris from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 12th. One analyst has rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $59.82.

Polaris Stock Down 7.3%

The stock’s fifty day simple moving average is $67.46 and its two-hundred day simple moving average is $61.79. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.02 and a quick ratio of 0.36. The company has a market capitalization of $3.60 billion, a price-to-earnings ratio of -24.17, a PEG ratio of 2.26 and a beta of 1.14.

Polaris (NYSE:PII) last issued its earnings results on Tuesday, January 27th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01. Polaris had a negative net margin of 2.17% and a positive return on equity of 3.89%. The firm’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.92 EPS. Polaris has set its FY 2026 guidance at 1.500-1.600 EPS. On average, sell-side analysts predict that Polaris Inc. will post 1.11 earnings per share for the current fiscal year.

Polaris Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, December 1st. Polaris’s dividend payout ratio (DPR) is -101.13%.

Insider Activity at Polaris

In other news, SVP James P. Williams sold 4,554 shares of Polaris stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $67.53, for a total transaction of $307,531.62. Following the sale, the senior vice president owned 43,878 shares of the company’s stock, valued at approximately $2,963,081.34. The trade was a 9.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 3.12% of the company’s stock.

Institutional Trading of Polaris

Several large investors have recently added to or reduced their stakes in the business. Harbor Capital Advisors Inc. acquired a new position in Polaris during the 3rd quarter valued at about $26,000. Parkside Financial Bank & Trust boosted its holdings in shares of Polaris by 371.4% in the second quarter. Parkside Financial Bank & Trust now owns 693 shares of the company’s stock valued at $28,000 after acquiring an additional 546 shares in the last quarter. EMC Capital Management acquired a new position in shares of Polaris during the second quarter valued at approximately $36,000. Quent Capital LLC acquired a new position in shares of Polaris during the third quarter valued at approximately $37,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in Polaris during the fourth quarter worth approximately $40,000. 88.06% of the stock is currently owned by institutional investors and hedge funds.

About Polaris

Polaris Inc, founded in 1954 and headquartered in Medina, Minnesota, is a diversified manufacturer of powersports vehicles and related products. Initially gaining prominence with its snowmobiles, Polaris expanded its portfolio over the decades to include all-terrain vehicles (ATVs), side-by-side off-road vehicles, and motorcycles. The company’s legacy in recreational and utility vehicle innovation stems from early engineering breakthroughs that established Polaris as a leading name in off-road mobility.

Today, Polaris offers a broad range of products under well-known brands such as Polaris RANGER and POLARIS SPORTSMAN for utility and recreation markets, Slingshot three-wheel roadsters for on-road enthusiasts, and the Indian Motorcycle brand for premium two-wheeled touring and cruiser segments.