Investment Analysts’ Weekly Ratings Changes for Polaris Industries (PII)

Several analysts have recently updated their ratings and price targets for Polaris Industries (NYSE: PII):

  • 7/17/2017 – Polaris Industries had its “underperform” rating reaffirmed by analysts at Longbow Research. They now have a $60.00 price target on the stock.
  • 7/14/2017 – Polaris Industries had its price target raised by analysts at Stifel Nicolaus from $82.00 to $86.00. They now have a “hold” rating on the stock.
  • 7/12/2017 – Polaris Industries was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Polaris Industries Inc. designs, engineers and manufactures snowmobiles, all terrain vehicles, motorcycles and personal watercraft and markets them, together with related replacement parts, garments and accessories through dealers and distributors. The company’s line of all terrain vehicles consist of fourteen models includes general purpose, sport and four-wheel drive utility models. The company produces a full line of snowmobiles, consisting of thirty-three models, ranging from utility and economy models to performance and competition models. “
  • 7/8/2017 – Polaris Industries was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 6/29/2017 – Polaris Industries was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 6/28/2017 – Polaris Industries was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Polaris Industries Inc. designs, engineers and manufactures snowmobiles, all terrain vehicles, motorcycles and personal watercraft and markets them, together with related replacement parts, garments and accessories through dealers and distributors. The company’s line of all terrain vehicles consist of fourteen models includes general purpose, sport and four-wheel drive utility models. The company produces a full line of snowmobiles, consisting of thirty-three models, ranging from utility and economy models to performance and competition models. “
  • 6/13/2017 – Polaris Industries was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 6/9/2017 – Polaris Industries had its “hold” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $79.00 price target on the stock.
  • 6/6/2017 – Polaris Industries had its “neutral” rating reaffirmed by analysts at Wedbush. They now have a $75.00 price target on the stock.
  • 6/5/2017 – Polaris Industries had its “buy” rating reaffirmed by analysts at BMO Capital Markets. They now have a $100.00 price target on the stock.

Polaris Industries Inc. (PII) opened at 91.06 on Tuesday. The company has a market capitalization of $5.74 billion, a PE ratio of 36.13 and a beta of 1.32. Polaris Industries Inc. has a 12-month low of $70.14 and a 12-month high of $99.00. The stock has a 50 day moving average of $87.42 and a 200-day moving average of $85.47.

Polaris Industries (NYSE:PII) last issued its quarterly earnings data on Tuesday, April 25th. The company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.05. The firm had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.11 billion. Polaris Industries had a net margin of 3.48% and a return on equity of 25.64%. Polaris Industries’s revenue was up 17.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.71 EPS. Equities analysts expect that Polaris Industries Inc. will post $4.43 earnings per share for the current year.

In related news, Director Gwenne A. Henricks acquired 1,200 shares of Polaris Industries stock in a transaction that occurred on Friday, May 12th. The shares were purchased at an average cost of $92.27 per share, for a total transaction of $110,724.00. Following the acquisition, the director now owns 1,200 shares in the company, valued at $110,724. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Michael T. Speetzen sold 5,000 shares of the business’s stock in a transaction dated Thursday, April 27th. The shares were sold at an average price of $84.07, for a total transaction of $420,350.00. Following the completion of the sale, the executive vice president now owns 10,333 shares in the company, valued at $868,695.31. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by insiders.

Polaris Industries Inc designs, engineers and manufactures powersports vehicles, which include Off-Road Vehicles (ORV), including All-Terrain Vehicles (ATV) and side-by-side vehicles for recreational and utility use; Snowmobiles, Motorcycles and Global Adjacent Markets vehicles, including Work and Transportation and military vehicles.

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