Polaris stock has undergone multiple analysts rating changes in the recent past. Polaris Upgraded by Zacks Investment Research on 10/14/2021. In a note to investors, the firm issued a new rating of Buy. The analysts previously had rating of Hold.
Shares of Polaris traded down -$0.55 on Wednesday, reaching $125.76. 100 shares of the stock traded hands, compared to its average volume of 765434. Shares of Polaris were trading at $125.76 on Wednesday. The firm’s 50 day moving average is $123.95 and its 200 day moving average is $127.57.Polaris has a 12 month low of $124.19 and a 12 month high of $147.73. While on yearly highs and lows, Polaris’s today has traded high as $127.38 and has touched $124.19 on the downward trend. See More Analyst Rating at: RATING
Polaris Earnings and What to expect:
Polaris last issued its earnings results on July 27th, 2021. The reported $2.70 EPS for the quarter, beating analysts’ consensus estimates of $2.17 by $0.53. The firm had revenue of $2.12 billion for the quarter, compared to the consensus estimate of $2.11 billion. Its quarterly revenue was up 40.2% compared to the same quarter last year. Polaris has generated $7.74 earnings per share over the last year ($10.44 diluted earnings per share) and currently has a price-to-earnings ratio of 12.0. Earnings for Polaris are expected to grow by 7.61% in the coming year, from $9.59 to $10.32 per share. Polaris has confirmed that its next quarterly earnings report will be published on Tuesday, October 26th, 2021. Polaris will be holding an earnings conference call on Tuesday, October 26th at 10:00 AM Eastern. Interested parties can .
Earnings for Polaris are expected to grow by 7.61% in the coming year, from $9.59 to $10.32 per share. The P/E ratio of Polaris is 12.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.72. The P/E ratio of Polaris is 12.05, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 19.74. Polaris has a P/B Ratio of 6.78. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Polaris (NYSE:PII) Moving Average Technical Analysis
5 day Moving Average is $126.11 And 5 day price change is $4.40 (3.63%) with average volume for 5 day average is 691,720. While technical analysis for average 20 days shows significant difference, 20 day moving average is $121.99 and 20 day price change is $3.54 (2.90%) and average 20 day moving volume is 782,640. 50 day moving average is $123.95 and 50 day price change is -$8.49 ( -6.32%) and with average volume for 50 days is : 638,988. 200 day moving average is $127.57 and 200 day price change is $27.86 (28.46%) and with average volume for 200 days is : 761,096.
Other owners latest trading in Polaris :
- On 10/13/2021 shares held by Scout Investments Inc. were 225,418 which equates to market value of $26.97M and appx 0.40% owners of Polaris
- On 10/13/2021 shares held by Crossmark Global Holdings Inc. were 8,605 which equates to market value of $0.70M and appx 0.10% owners of Polaris
- On 10/13/2021 shares held by Surevest LLC were 37,968 which equates to market value of $4.54M and appx 1.10% owners of Polaris
- In total Institutional ownership equates to Institutional Ownership Percentage: 83.65% for Polaris
See More Analyst Rating at: RATING