Polaris (PII) Expected to Announce Quarterly Earnings on Tuesday

Polaris (NYSE:PII) is projected to post its quarterly earnings results before the market opens on Tuesday, January 28th. Analysts expect Polaris to post earnings of $0.89 per share and revenue of $1,682,143.90 billion for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Polaris Stock Performance

Shares of PII stock opened at $53.80 on Friday. Polaris has a 52-week low of $52.62 and a 52-week high of $100.91. The company has a quick ratio of 0.32, a current ratio of 1.21 and a debt-to-equity ratio of 1.28. The stock has a market cap of $3.00 billion, a PE ratio of 15.03, a price-to-earnings-growth ratio of 6.05 and a beta of 1.53. The business has a 50-day simple moving average of $60.62 and a 200-day simple moving average of $72.85.

Analyst Ratings Changes

Several research firms have commented on PII. Morgan Stanley restated an “equal weight” rating and issued a $60.00 price objective (down previously from $81.00) on shares of Polaris in a research report on Tuesday, January 21st. Citigroup lowered their price target on shares of Polaris from $73.00 to $57.00 and set a “neutral” rating on the stock in a report on Thursday. DA Davidson cut their price objective on shares of Polaris from $84.00 to $69.00 and set a “buy” rating for the company in a report on Friday, January 17th. Robert W. Baird lowered their target price on shares of Polaris from $84.00 to $72.00 and set an “outperform” rating on the stock in a research note on Monday, December 30th. Finally, StockNews.com lowered Polaris from a “hold” rating to a “sell” rating in a research note on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $73.45.

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.