Polaris (NYSE:PII) Announces Earnings Results

Polaris (NYSE:PII) released its earnings results on Tuesday. The company reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.03, Zacks reports. Polaris had a net margin of 2.64% and a return on equity of 17.92%. Polaris updated its FY 2025 guidance to 1.140-1.140 EPS.

Polaris Stock Performance

Shares of PII stock opened at $56.39 on Tuesday. Polaris has a 52 week low of $52.62 and a 52 week high of $100.91. The firm has a 50 day moving average of $60.42 and a two-hundred day moving average of $72.68. The company has a quick ratio of 0.32, a current ratio of 1.21 and a debt-to-equity ratio of 1.28. The stock has a market capitalization of $3.14 billion, a PE ratio of 15.75, a P/E/G ratio of 6.05 and a beta of 1.53.

Analyst Ratings Changes

A number of brokerages have issued reports on PII. Roth Mkm cut their target price on Polaris from $76.00 to $57.00 and set a “neutral” rating for the company in a research note on Friday. DA Davidson decreased their target price on shares of Polaris from $84.00 to $69.00 and set a “buy” rating on the stock in a report on Friday, January 17th. Citigroup cut their price target on shares of Polaris from $73.00 to $57.00 and set a “neutral” rating for the company in a report on Thursday, January 23rd. Morgan Stanley reiterated an “equal weight” rating and issued a $60.00 price objective (down from $81.00) on shares of Polaris in a report on Tuesday, January 21st. Finally, Truist Financial cut their target price on Polaris from $76.00 to $60.00 and set a “hold” rating for the company in a research note on Tuesday, January 7th. One 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 company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $73.45.

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.