Roth Capital Issues Negative Estimate for Polaris Earnings

Polaris Inc. (NYSE:PII - Free Report) - Stock analysts at Roth Capital dropped their Q4 2026 earnings per share estimates for shares of Polaris in a research report issued to clients and investors on Monday, May 5th. Roth Capital analyst S. Stember now forecasts that the company will post earnings per share of $0.70 for the quarter, down from their previous estimate of $0.72. Roth Capital currently has a "Neutral" rating on the stock. The consensus estimate for Polaris' current full-year earnings is $1.11 per share.

A number of other research firms also recently commented on PII. Robert W. Baird dropped their price objective on Polaris from $40.00 to $33.00 and set a "neutral" rating on the stock in a report on Wednesday, April 30th. KeyCorp cut shares of Polaris from an "overweight" rating to a "sector weight" rating in a report on Wednesday, January 8th. Citigroup cut shares of Polaris from a "neutral" rating to a "sell" rating and lowered their target price for the company from $49.00 to $33.00 in a report on Thursday, March 20th. DA Davidson cut their price target on shares of Polaris from $69.00 to $60.00 and set a "buy" rating on the stock in a research note on Thursday, January 30th. Finally, UBS Group decreased their price objective on shares of Polaris from $67.00 to $48.00 and set a "neutral" rating for the company in a research note on Monday, February 3rd. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $45.36.

Polaris Stock Performance

Shares of PII stock opened at $33.71 on Wednesday. Polaris has a 12 month low of $30.92 and a 12 month high of $90.62. The company has a current ratio of 1.15, a quick ratio of 0.39 and a debt-to-equity ratio of 1.27. The company has a market cap of $1.89 billion, a P/E ratio of 17.20, a PEG ratio of 13.95 and a beta of 1.05. The firm has a fifty day moving average price of $38.41 and a 200 day moving average price of $51.94.

Polaris (NYSE:PII - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The company reported ($0.90) EPS for the quarter, topping the consensus estimate of ($0.91) by $0.01. Polaris had a net margin of 1.54% and a return on equity of 13.78%. The company had revenue of $1.54 billion during the quarter, compared to analysts' expectations of $1.53 billion. During the same quarter in the previous year, the business posted $0.23 EPS. The firm's revenue was down 11.6% on a year-over-year basis.

Institutional Investors Weigh In On Polaris

Several hedge funds have recently modified their holdings of the stock. Franklin Resources Inc. raised its position in Polaris by 12.2% during the 3rd quarter. Franklin Resources Inc. now owns 169,004 shares of the company's stock worth $13,745,000 after buying an additional 18,418 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Polaris by 232.6% during the fourth quarter. GAMMA Investing LLC now owns 968 shares of the company's stock worth $56,000 after acquiring an additional 677 shares during the period. Nordea Investment Management AB raised its holdings in Polaris by 0.6% during the fourth quarter. Nordea Investment Management AB now owns 28,811 shares of the company's stock worth $1,676,000 after purchasing an additional 183 shares in the last quarter. Ridgewood Investments LLC lifted its position in Polaris by 191.1% in the fourth quarter. Ridgewood Investments LLC now owns 5,309 shares of the company's stock valued at $306,000 after purchasing an additional 3,485 shares during the period. Finally, Code Waechter LLC boosted its holdings in Polaris by 43.8% in the 4th quarter. Code Waechter LLC now owns 3,724 shares of the company's stock valued at $215,000 after purchasing an additional 1,135 shares in the last quarter. 88.06% of the stock is owned by institutional investors and hedge funds.

Polaris Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Monday, June 2nd will be issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 7.95%. The ex-dividend date is Monday, June 2nd. Polaris's payout ratio is currently 372.22%.

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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