Polaris Industries (NYSE:PII) issued its quarterly earnings results on Tuesday. The company reported $0.85 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.01 by ($0.16), Bloomberg Earnings reports. Polaris Industries had a return on equity of 35.38% and a net margin of 3.18%.
Polaris Industries stock opened at $120.82 on Tuesday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.42 and a current ratio of 1.11. Polaris Industries has a 12 month low of $81.99 and a 12 month high of $137.66. The company has a market capitalization of $7,544.32, a price-to-earnings ratio of 24.72, a P/E/G ratio of 1.30 and a beta of 1.16.
Several equities analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Polaris Industries from a “sell” rating to a “hold” rating in a report on Friday. Stifel Nicolaus reiterated a “hold” rating and issued a $114.00 price target (up previously from $112.00) on shares of Polaris Industries in a report on Friday, April 13th. BMO Capital Markets reiterated a “hold” rating and issued a $125.00 price target (up previously from $105.00) on shares of Polaris Industries in a report on Monday, April 9th. Wells Fargo upgraded shares of Polaris Industries from a “market perform” rating to an “outperform” rating in a report on Tuesday, February 6th. Finally, Citigroup cut their price target on shares of Polaris Industries from $136.00 to $129.00 and set a “buy” rating on the stock in a report on Tuesday, February 6th. Fifteen research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $114.13.
Polaris Industries Inc designs, engineers, manufactures, and markets power sports vehicles worldwide. The company operates through four segments: Off-Road Vehicles (ORVs)/Snowmobiles, Motorcycles, Global Adjacent Markets, and Aftermarket. It offers ORVs, including all-terrain vehicles and side-by-side vehicles for recreational and utility use; snowmobiles; motorcycles; and low emission, light duty hauling, passenger, commercial, and industrial vehicles, as well as snow bike conversion kit systems.
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