UBS Group Forecasts Strong Price Appreciation for Polaris (NYSE:PII) Stock

Key Points

• UBS Group has raised its price target for Polaris (NYSE: PII) from $45 to $58, indicating a potential downside of 1.92% from the current price, and maintains a "neutral" rating on the stock.
• Polaris's latest quarterly earnings exceeded expectations, reporting $0.40 earnings per share against a consensus estimate of only $0.05, though revenue fell by 5.5% year-over-year.
• Recent institutional activity shows strong interest, with 88.06% of the stock owned by hedge funds and institutional investors, signifying a stable investor base.

Polaris (NYSE:PII - Free Report) had its price target boosted by UBS Group from $45.00 to $58.00 in a research report released on Monday morning, Marketbeat reports. UBS Group currently has a neutral rating on the stock.

A number of other research analysts also recently issued reports on PII. Robert W. Baird boosted their price objective on Polaris from $46.00 to $55.00 and gave the company a "neutral" rating in a research note on Wednesday, July 30th. Wall Street Zen raised Polaris from a "strong sell" rating to a "hold" rating in a report on Saturday, August 2nd. Zacks Research downgraded Polaris from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 27th. Royal Bank Of Canada upped their price target on shares of Polaris from $34.00 to $56.00 and gave the stock a "sector perform" rating in a report on Wednesday, July 30th. Finally, BMO Capital Markets reissued a "market perform" rating and issued a $52.00 target price (up previously from $33.00) on shares of Polaris in a research note on Wednesday, July 30th. One investment analyst has rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $49.17.

Polaris Stock Performance

NYSE:PII traded down $2.48 during mid-day trading on Monday, hitting $57.47. 1,557,918 shares of the stock were exchanged, compared to its average volume of 1,204,004. The stock has a market capitalization of $3.23 billion, a price-to-earnings ratio of -30.57 and a beta of 1.08. The firm's 50-day simple moving average is $53.60 and its 200 day simple moving average is $44.28. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.37 and a current ratio of 1.04. Polaris has a fifty-two week low of $30.92 and a fifty-two week high of $86.51.

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

Polaris Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Tuesday, September 2nd will be given a dividend of $0.67 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This represents a $2.68 annualized dividend and a dividend yield of 4.7%. Polaris's dividend payout ratio (DPR) is -142.55%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of PII. Parkside Financial Bank & Trust lifted its stake in shares of Polaris by 371.4% during the 2nd quarter. Parkside Financial Bank & Trust now owns 693 shares of the company's stock valued at $28,000 after buying an additional 546 shares in the last quarter. UMB Bank n.a. grew its holdings in Polaris by 114.1% during the 1st quarter. UMB Bank n.a. now owns 805 shares of the company's stock valued at $33,000 after purchasing an additional 429 shares during the last quarter. Opal Wealth Advisors LLC bought a new position in Polaris during the 1st quarter valued at about $35,000. EMC Capital Management bought a new position in Polaris in the 2nd quarter worth about $36,000. Finally, Fifth Third Bancorp grew its stake in Polaris by 46.9% in the 1st quarter. Fifth Third Bancorp now owns 996 shares of the company's stock worth $41,000 after acquiring an additional 318 shares in the last quarter. Hedge funds and other 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.