Polaris (NYSE:PII) Posts Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Polaris (NYSE:PII) released its quarterly earnings data on Tuesday. The company reported $0.92 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.03, Zacks reports. Polaris had a net margin of 2.64% and a return on equity of 17.92%. Polaris updated its FY 2025 guidance to 1.140-1.140 EPS.

Polaris Stock Down 5.0 %

NYSE:PII opened at $48.79 on Thursday. The firm has a market capitalization of $2.72 billion, a price-to-earnings ratio of 13.63, a price-to-earnings-growth ratio of 6.05 and a beta of 1.53. The company has a quick ratio of 0.32, a current ratio of 1.21 and a debt-to-equity ratio of 1.28. Polaris has a twelve month low of $48.44 and a twelve month high of $100.91. The stock’s 50 day moving average price is $59.80 and its two-hundred day moving average price is $72.30.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on PII shares. KeyCorp lowered Polaris from an “overweight” rating to a “sector weight” rating in a research report on Wednesday, January 8th. BMO Capital Markets cut their price objective on shares of Polaris from $60.00 to $50.00 and set a “market perform” rating on the stock in a research report on Wednesday. Robert W. Baird reduced their target price on shares of Polaris from $84.00 to $72.00 and set an “outperform” rating for the company in a research note on Monday, December 30th. DA Davidson dropped their price target on Polaris from $84.00 to $69.00 and set a “buy” rating on the stock in a research note on Friday, January 17th. Finally, Royal Bank of Canada decreased their price objective on Polaris from $65.00 to $54.00 and set a “sector perform” rating for the company in a report on Wednesday. One analyst has rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $68.64.

About Polaris

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.