Polaris (NYSE:PII) Price Target Raised to $60.00 at Robert W. Baird

Key Points

• Robert W. Baird has raised the price target for Polaris from $55.00 to $60.00, suggesting a potential downside of 6.61% from the current price, while maintaining a "neutral" rating on the stock.
• Other analysts, including Citigroup and Royal Bank of Canada, have also adjusted their ratings and price targets for Polaris, indicating a trend of growing optimism with multiple "neutral" ratings being assigned.
• Polaris recently reported quarterly earnings of $0.40 per share, significantly outperforming analyst expectations, while also noting a 5.5% decline in annual revenue for the same quarter.

Polaris (NYSE:PII - Get Free Report) had its price objective increased by stock analysts at Robert W. Baird from $55.00 to $60.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage presently has a "neutral" rating on the stock. Robert W. Baird's price target would suggest a potential downside of 6.61% from the company's current price.

Several other research analysts also recently weighed in on PII. Roth Capital upped their price target on Polaris from $32.00 to $41.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 23rd. Citigroup raised Polaris from a "sell" rating to a "neutral" rating and upped their price objective for the stock from $35.00 to $60.00 in a report on Wednesday. Royal Bank Of Canada upped their price objective on Polaris from $34.00 to $56.00 and gave the stock a "sector perform" rating in a report on Wednesday, July 30th. UBS Group upped their price objective on Polaris from $45.00 to $58.00 and gave the stock a "neutral" rating in a report on Monday, September 8th. Finally, Wall Street Zen raised Polaris from a "strong sell" rating to a "hold" rating in a report on Saturday, August 2nd. One analyst has rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $52.33.

Polaris Trading Up 2.6%

Polaris stock opened at $64.24 on Monday. The business has a 50-day simple moving average of $56.56 and a two-hundred day simple moving average of $45.83. The company has a market cap of $3.61 billion, a P/E ratio of -34.17 and a beta of 1.08. Polaris has a 52-week low of $30.92 and a 52-week high of $84.08. The company has a quick ratio of 0.37, a current ratio of 1.04 and a debt-to-equity ratio of 1.17.

Polaris (NYSE:PII - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The company reported $0.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.35. The business had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.73 billion. Polaris had a positive return on equity of 5.16% and a negative net margin of 1.57%.The business's quarterly revenue was down 5.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.38 EPS. Polaris has set its Q3 2025 guidance at EPS. Analysts predict that Polaris will post 1.11 EPS for the current year.

Institutional Investors Weigh In On Polaris

A number of institutional investors have recently added to or reduced their stakes in PII. Wealth Enhancement Advisory Services LLC boosted its position in Polaris by 16.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 3,970 shares of the company's stock valued at $229,000 after purchasing an additional 551 shares in the last quarter. UMB Bank n.a. boosted its holdings in Polaris by 114.1% in the first quarter. UMB Bank n.a. now owns 805 shares of the company's stock worth $33,000 after acquiring an additional 429 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Polaris by 529.8% in the first quarter. GAMMA Investing LLC now owns 6,096 shares of the company's stock worth $250,000 after acquiring an additional 5,128 shares in the last quarter. SG Americas Securities LLC boosted its holdings in Polaris by 127.5% in the first quarter. SG Americas Securities LLC now owns 11,826 shares of the company's stock worth $484,000 after acquiring an additional 6,628 shares in the last quarter. Finally, Bard Financial Services Inc. acquired a new stake in Polaris in the first quarter worth about $1,577,000. Institutional investors own 88.06% of the company's stock.

Polaris Company Profile

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.

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