At the time of writing, Polaris Inc [PII] stock is trading at $68.27, up 1.13%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PII shares have gain 4.68% over the last week, with a monthly amount drifted -7.25%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Polaris Inc [NYSE: PII] stock has seen the most recent analyst activity on July 25, 2024, when DA Davidson upgraded its rating to a Buy but kept the price target unchanged to $87 for it. Previously, Longbow downgraded its rating to Neutral on July 24, 2024. On April 08, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $120 on the stock. BofA Securities started tracking the stock assigning a Neutral rating and suggested a price target of $110 on April 03, 2024. Morgan Stanley upgraded its rating to a Overweight and raised its price target to $113 on January 17, 2024. In a note dated July 18, 2023, Raymond James downgraded an Mkt Perform rating on this stock.
For the past year, the stock price of Polaris Inc fluctuated between $64.56 and $100.91. Currently, Wall Street analysts expect the stock to reach $105.25 within the next 12 months. Polaris Inc [NYSE: PII] shares were valued at $68.27 at the most recent close of the market. An investor can expect a potential return of 54.17% based on the average PII price forecast.
Analyzing the PII fundamentals
According to Polaris Inc [NYSE:PII], the company’s sales were 7.71B for trailing twelve months, which represents an -23.41% plunge. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.15 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.63.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 67.79 points at the first support level, and at 67.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 68.99, and for the 2nd resistance point, it is at 69.72.
Ratios To Look Out For
It is important to note that Polaris Inc [NYSE:PII] has a current ratio of 1.21. Further, the Quick Ratio stands at 0.32, while the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 0.50, the price to book ratio is 2.84 and price to earnings (TTM) ratio is 19.11.
