Polaris (PII) Projected to Post Earnings on Tuesday

Polaris (NYSE:PII) will likely be issuing its quarterly earnings data before the market opens on Tuesday, January 28th. Analysts expect the company to announce earnings of $0.89 per share and revenue of $1,682,143.90 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Polaris Stock Performance

Shares of PII stock opened at $53.80 on Monday. The company has a market cap of $3.00 billion, a P/E ratio of 15.03, a PEG ratio of 6.05 and a beta of 1.53. The firm has a fifty day moving average price of $60.62 and a 200 day moving average price of $72.84. The company has a current ratio of 1.21, a quick ratio of 0.32 and a debt-to-equity ratio of 1.28. Polaris has a 12 month low of $52.62 and a 12 month high of $100.91.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on PII. Robert W. Baird dropped their price objective on Polaris from $84.00 to $72.00 and set an “outperform” rating on the stock in a report on Monday, December 30th. Royal Bank of Canada dropped their price target on shares of Polaris from $82.00 to $73.00 and set a “sector perform” rating on the stock in a research note on Wednesday, October 23rd. StockNews.com downgraded shares of Polaris from a “hold” rating to a “sell” rating in a research report on Wednesday, January 8th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $60.00 target price (down from $81.00) on shares of Polaris in a research report on Tuesday, January 21st. Finally, KeyCorp cut shares of Polaris from an “overweight” rating to a “sector weight” rating in a research report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average 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.