Polaris Industries Inc. (NYSE:PII) has been given an average recommendation of “Hold” by the nineteen research firms that are covering the company, MarketBeat reports. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $102.38.

Several research firms have recently commented on PII. B. Riley set a $91.00 price objective on Polaris Industries and gave the company a “hold” rating in a report on Monday, October 23rd. Zacks Investment Research upgraded Polaris Industries from a “hold” rating to a “buy” rating and set a $117.00 price objective for the company in a report on Friday, September 29th. Northcoast Research reiterated a “neutral” rating on shares of Polaris Industries in a report on Friday, October 6th. BMO Capital Markets upped their price target on Polaris Industries from $110.00 to $115.00 and gave the stock an “outperform” rating in a report on Friday, September 15th. Finally, Wells Fargo & Co reiterated a “market perform” rating and set a $115.00 price target (up previously from $93.00) on shares of Polaris Industries in a report on Wednesday, October 25th.

Polaris Industries (NYSE PII) traded down $4.08 during midday trading on Friday, hitting $125.19. The stock had a trading volume of 676,639 shares, compared to its average volume of 583,385. The company has a market capitalization of $8,080.00, a P/E ratio of 39.37, a price-to-earnings-growth ratio of 1.51 and a beta of 1.40. Polaris Industries has a 52-week low of $77.91 and a 52-week high of $134.66. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.34 and a current ratio of 1.04.

Polaris Industries (NYSE:PII) last released its quarterly earnings data on Tuesday, October 24th. The company reported $1.46 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.22 by $0.24. The firm had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.40 billion. Polaris Industries had a return on equity of 33.81% and a net margin of 3.90%. The company’s quarterly revenue was up 24.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.50 earnings per share. equities analysts expect that Polaris Industries will post 4.85 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, December 1st were issued a dividend of $0.58 per share. The ex-dividend date was Thursday, November 30th. This represents a $2.32 annualized dividend and a yield of 1.85%. Polaris Industries’s dividend payout ratio (DPR) is currently 72.96%.

In other Polaris Industries news, insider Michael D. Dougherty sold 8,000 shares of the company’s stock in a transaction on Thursday, October 26th. The stock was sold at an average price of $122.23, for a total value of $977,840.00. Following the completion of the transaction, the insider now owns 13,113 shares in the company, valued at approximately $1,602,801.99. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP James P. Williams sold 20,000 shares of the company’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $127.08, for a total value of $2,541,600.00. Following the completion of the transaction, the senior vice president now owns 22,664 shares of the company’s stock, valued at approximately $2,880,141.12. The disclosure for this sale can be found here. Insiders have sold 58,102 shares of company stock valued at $7,174,301 in the last quarter. 2.20% of the stock is currently owned by corporate insiders.

Large investors have recently made changes to their positions in the business. Ffcm LLC grew its stake in Polaris Industries by 6.4% in the 2nd quarter. Ffcm LLC now owns 1,415 shares of the company’s stock valued at $131,000 after purchasing an additional 85 shares during the period. HighPoint Advisor Group LLC bought a new position in Polaris Industries in the 3rd quarter valued at $230,000. TD Asset Management Inc. bought a new position in Polaris Industries in the 3rd quarter valued at $222,000. Toronto Dominion Bank grew its stake in Polaris Industries by 244.3% in the 3rd quarter. Toronto Dominion Bank now owns 2,527 shares of the company’s stock valued at $264,000 after purchasing an additional 1,793 shares during the period. Finally, Quantbot Technologies LP bought a new position in Polaris Industries in the 2nd quarter valued at $243,000. Hedge funds and other institutional investors own 90.90% of the company’s stock.

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Polaris Industries Company Profile

Polaris Industries Inc designs, engineers and manufactures powersports vehicles, which include Off-Road Vehicles (ORV), including All-Terrain Vehicles (ATV) and side-by-side vehicles for recreational and utility use; Snowmobiles, Motorcycles and Global Adjacent Markets vehicles, including Work and Transportation and military vehicles.

Analyst Recommendations for Polaris Industries (NYSE:PII)

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