Polaris Inc. (NYSE:PII) went down by -1.77% during the previous trading session, and it is maintaining the win ahead of Wednesday’s trading session. The share price of the Recreational Vehicles giant went up by $90.91 to trade ended Wednesday trading at $92.55. This is down from the $92.55 price recorded on Tuesday’s trading session. Thanks to this latest performance, PII is closer to the higher price 52-week target of $114.00 and further from the lowest price target of $67.00. Its performance from the start of the year has also been negative, with PII down by -10.61% year-to-date.
Polaris Inc. (PII) started the day trading at $92.87 and recorded an intraday high of $93.62. It also recorded an intraday low of $90.34 during Wednesday’s trading session. Polaris Inc. is a very active stock that recorded a trading volume that is less than -160.4% of the average daily trading volume on Wednesday. The stock’s trading volume on Wednesday was 472347, which is less than -160.4 of the total average daily trading volume of 1.23 million.
Polaris Inc. (NYSE:PII) 2020 Performance Impressive
The increase in PII’s stock price on Wednesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of PII currently stands at $104.37, which is higher than the current trading price of the stock by 12.9%. However, PII’s current trading price is -143.4% lower than the 52-week low price of $37.35. In terms of trading volume, Polaris Inc. currently experienced healthy participation during the last trading session. 472347 shares of Polaris Inc. were traded on the stock exchange on Wednesday, which is less than -160.4% of the 1.23 million average trading volume of the stock.
The performance of the stock has been positive over the past year. PII’s performance over the past one year has seen it surge by 3.86%, while the stock has gone down by -10.61% in the last six months. The quarterly performance of PII currently stands at 97.12%, and it is up by 1.87% in the last month. The only negative figure was from the weekly performance, which currently reads -0.60%. At the time of writing PII’s report, the company has a total market cap of $5.76B, making it one of the largest publicly-traded companies in the world.Polaris Inc. also has over 14000 employees all over the world.
PII Insider Activities
For Polaris Inc., insiders hold 76.80% of all company shares. The insider transactions over the past six months are up by 1.20%. During that period, insiders bought 86,822 shares in 37 transactions. In that same period, insiders sold 55,356 of their shares in 8 transactions. After these transactions, insiders at Polaris Inc. now hold 3.9M shares, which is over 78.74% of the total company stocks. Institutional investors currently hold a large chunk of the PII shares, as they control 6.37% of the company’s total stock.
PII Fundamental Analysis
For Polaris Inc., the stock’s diluted earnings per share (EPS) stands at 4.33. In the coming year, analysts expect the EPS to be 5.66. The EPS growth will up over the next five years to 15.00% after plunging by -4.80% in the previous five years. In terms of revenue, Polaris Inc.’s quarterly sales (YOY) is growing at 0.56, which is higher than the average annual revenue of -4.80% over the past half a decade.
The Return on Investment (ROI) on Polaris Inc.’s stock currently stands at 14.30%, and it has a net profit margin of 4.00%. The operating margin of the company is 6.10%, and its gross margin is 23.70%.
PII Analysts Prediction
In May 29, 2020, several analysts reiterated their positions on the Polaris Inc. stock and predicted its performance to their investors. The analysts at Wedbush believe PII is still a Outperform and set the price target between $68 and $106. Another analyst that has a Market Perform rating for PII is BMO Capital Markets, which set a price target of between $115 and $45. and Lake Street reiterate their Buy position on the stock ($112 and $118).
Analysts at UBS believe that PII is Buy, and they have a price target of between $97 and $105. Lake Street and Goldman also believe that Polaris Inc.’s stock is outperforming at the moment. PII received a positive rating from BMO Capital Markets, which set a price target of $96-$99 for the stock.
At the moment, Polaris Inc.’s Total Debt to Equity ratio stands at 2.16, and they have a long-term Debt to Equity ratio of 1.99.
PII Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of PII currently stands at -4.24%, while the SMA50 is 10.05%. The biggest one is the SMA200, which is currently reading 6.52% ahead of Wednesday’s trading session. The Relative Strength Index of this stock is 51.54, while its price to earnings ratio (P/E) is 21.00.