UBS Group Has Lowered Expectations for Polaris (NYSE:PII) Stock Price

Key Points

• UBS Group cut Polaris’s price target from $67 to $61 while maintaining a “neutral” rating, implying approximately 11.4% upside from the stock’s $54.75 price.
• Analyst sentiment remains cautious: Polaris has an overall “Hold” rating, with an average price target of $66.67 based on 14 analysts.
• Polaris exceeded quarterly expectations, reporting $1.97 in adjusted EPS versus the $0.76 consensus and $2.02 billion in revenue, up 9.2% year over year; institutional investors own 88.06% of the company.

Polaris (NYSE:PII - Get Free Report) had its target price reduced by research analysts at UBS Group from $67.00 to $61.00 in a report released on Friday, Benzinga reports. The firm currently has a "neutral" rating on the stock. UBS Group's target price points to a potential upside of 11.41% from the company's current price.

PII has been the topic of a number of other research reports. KeyCorp reiterated a "sector weight" rating on shares of Polaris in a research report on Wednesday, July 29th. Robert W. Baird raised their target price on Polaris from $70.00 to $72.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 29th. Bank of America reissued a "neutral" rating on shares of Polaris in a research note on Wednesday, July 29th. Roth Capital restated a "neutral" rating on shares of Polaris in a report on Wednesday, July 29th. Finally, Weiss Ratings upgraded shares of Polaris from a "sell (d)" rating to a "sell (d+)" rating in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $66.67.

Polaris Stock Down 1.7%

NYSE:PII opened at $54.75 on Friday. Polaris has a one year low of $47.14 and a one year high of $77.98. The company has a debt-to-equity ratio of 2.28, a current ratio of 1.20 and a quick ratio of 0.47. The company has a market cap of $3.12 billion, a PE ratio of -11.83 and a beta of 1.27. The firm's 50 day simple moving average is $66.56 and its 200 day simple moving average is $63.60.

Polaris (NYSE:PII - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $1.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $1.21. The firm had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $1.95 billion. Polaris had a negative net margin of 3.50% and a positive return on equity of 16.77%. The company's revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter last year, the firm earned ($1.39) earnings per share. Polaris has set its FY 2026 guidance at 3.000-3.100 EPS. On average, research analysts anticipate that Polaris will post 3.22 earnings per share for the current year.

Institutional Trading of Polaris

Institutional investors have recently made changes to their positions in the company. The Manufacturers Life Insurance Company lifted its position in shares of Polaris by 2.0% during the second quarter. The Manufacturers Life Insurance Company now owns 49,152 shares of the company's stock valued at $3,364,000 after purchasing an additional 947 shares in the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of Polaris during the 2nd quarter worth approximately $259,000. Integrated Wealth Concepts LLC boosted its stake in shares of Polaris by 23.0% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 5,126 shares of the company's stock worth $351,000 after buying an additional 959 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of Polaris by 136.5% in the second quarter. NewEdge Advisors LLC now owns 4,406 shares of the company's stock valued at $302,000 after acquiring an additional 2,543 shares in the last quarter. Finally, Allworth Financial LP increased its position in shares of Polaris by 11.7% during the second quarter. Allworth Financial LP now owns 9,550 shares of the company's stock valued at $654,000 after acquiring an additional 1,004 shares during the last quarter. Institutional investors own 88.06% of the company's stock.

About Polaris

Polaris Inc is a powersports manufacturer headquartered in Medina, Minnesota. Founded in 1954 in Roseau, Minnesota, the company initially focused on snowmobiles and has since expanded into a broad range of recreational and utility vehicles.

Polaris develops and sells off-road vehicles, including all-terrain vehicles and side-by-side models for recreational, agricultural, commercial, and government applications. Its product portfolio includes the RZR, Ranger, General, and Sportsman lines, as well as snowmobiles, motorcycles, and three-wheeled roadsters sold under the Indian Motorcycle and Slingshot brands.

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