Polaris Industries Stock Today

PII Stock  USD 90.11  1.75  1.91%   

Performance

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Odds Of Distress

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Polaris Industries is trading at 90.11 as of the 18th of March 2024. This is a -1.91 percent down since the beginning of the trading day. The stock's open price was 91.86. Polaris Industries has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for Polaris Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of February 2024 and ending today, the 18th of March 2024. Click here to learn more.
Business Domain
Consumer Durables & Apparel
IPO Date
21st of August 1987
Category
Consumer Cyclical
Classification
Consumer Discretionary
Polaris Inc. designs, engineers, manufactures, and markets power sports vehicles worldwide. Polaris Inc. was founded in 1954 and is headquartered in Medina, Minnesota. Polaris Industries operates under Recreational Vehicles classification in the United States and is traded on New York Stock Exchange. The company has 56.48 M outstanding shares of which 3.46 M shares are at this time shorted by investors with about 4.98 days to cover. More on Polaris Industries

Polaris Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Polaris Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Polaris Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Polaris Industries' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Polaris Industries' managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanJohn Wiehoff
Thematic IdeaAutomobiles and Trucks (View all Themes)
Business ConcentrationLeisure Products, Consumer Durables & Apparel, Consumer Discretionary, NYSE Composite, SP Midcap 400, Automobiles and Trucks, Consumer Discretionary, Leisure Products, Recreational Vehicles, Consumer Cyclical (View all Sectors)
Excise Tax ActivitiesMilitary Contract
Average Analyst Recommendation
Analysts covering Polaris Industries report their recommendations after researching Polaris Industries' financial statements, talking to executives and customers, or listening in on Polaris Industries' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Polaris Industries. The Polaris consensus assessment is calculated by taking the average forecast from all of the analysts covering Polaris Industries.
Financial Strength
Based on the key indicators related to Polaris Industries' liquidity, profitability, solvency, and operating efficiency, Polaris Industries may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Polaris Industries is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.180.0911
Way Up
Pretty Stable
Asset Turnover2.411.6196
Way Up
Very volatile
Gross Profit Margin0.30.2133
Significantly Up
Slightly volatile
Total Current LiabilitiesB1.9 B
Sufficiently Up
Slightly volatile
Total Assets5.8 B5.5 B
Sufficiently Up
Slightly volatile
Total Current Assets2.8 B2.7 B
Sufficiently Up
Slightly volatile
Total Cash From Operating ActivitiesB962.8 M
Sufficiently Up
Slightly volatile
Polaris Industries' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Polaris Industries' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Polaris Industries' financial leverage. It provides some insight into what part of Polaris Industries' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Polaris Industries' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Polaris Industries deploys its capital and how much of that capital is borrowed.
Liquidity
Polaris Industries cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 2.05 B in debt with debt to equity (D/E) ratio of 2.2, meaning that the company heavily relies on borrowing funds for operations. Polaris Industries has a current ratio of 1.25, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Debt can assist Polaris Industries until it has trouble settling it off, either with new capital or with free cash flow. So, Polaris Industries' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Polaris Industries sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Polaris to invest in growth at high rates of return. When we think about Polaris Industries' use of debt, we should always consider it together with cash and equity.

Change In Working Capital

247.69 Million
Polaris Industries (PII) is traded on New York Stock Exchange in USA. It is located in 2100 Highway 55, Medina, MN, United States, 55340 and employs 18,500 people. Polaris Industries is listed under Leisure Products category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 5.19 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Polaris Industries's market, we take the total number of its shares issued and multiply it by Polaris Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Polaris Industries runs under Leisure Products sector within Consumer Discretionary industry. The entity has 56.48 M outstanding shares of which 3.46 M shares are at this time shorted by investors with about 4.98 days to cover. Polaris Industries has about 324.5 M in cash with 962.8 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.62.
Check Polaris Industries Probability Of Bankruptcy
Ownership Allocation
Polaris Industries has a total of 56.48 Million outstanding shares. The majority of Polaris Industries outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Polaris Industries to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Polaris Industries. Please pay attention to any change in the institutional holdings of Polaris Industries as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Polaris Ownership Details

Polaris Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of Polaris Industries jumping above the current price in 90 days from now is about 66.0%. The Polaris Industries probability density function shows the probability of Polaris Industries stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.6452 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Polaris Industries will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Polaris Industries is significantly underperforming NYSE Composite.
  Odds Below 90.11HorizonTargetOdds Above 90.11
33.59%90 days
 90.11 
66.00%
Based on a normal probability distribution, the odds of Polaris Industries to move above the current price in 90 days from now is about 66.0 (This Polaris Industries probability density function shows the probability of Polaris Stock to fall within a particular range of prices over 90 days) .

Polaris Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Polaris Industries that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Polaris Industries' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Polaris Industries' value.
InstituionRecorded OnShares
Arrowstreet Capital Limited Partnership2023-12-31
641.6 K
Bank Of New York Mellon Corp2023-12-31
618.2 K
Qube Research & Technologies2023-12-31
614 K
Macquarie Group Ltd2023-12-31
471.9 K
Morgan Stanley - Brokerage Accounts2023-12-31
469.6 K
Goldman Sachs Group Inc2023-12-31
444.9 K
Northern Trust Corp2023-12-31
405.5 K
Gw&k Investment Management, Llc2023-12-31
393.7 K
River Road Asset Management, Llc2023-12-31
384.7 K
Capital World Investors2023-12-31
6.8 M
Vanguard Group Inc2023-12-31
5.8 M
View Polaris Industries Diagnostics

Polaris Industries Historical Income Statement

Polaris Industries Income Statement is one of the three primary financial statements used for reporting Polaris's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Polaris Industries revenue and expense. Polaris Industries Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Polaris Industries' Gross Profit is increasing as compared to previous years. The Polaris Industries' current Other Operating Expenses is estimated to increase to about 16.1 B, while EBITDA is projected to decrease to under 383.4 M. View More Fundamentals

Polaris Stock Against Markets

Picking the right benchmark for Polaris Industries stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Polaris Industries stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Polaris Industries is critical whether you are bullish or bearish towards Polaris Industries at a given time. Please also check how Polaris Industries' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Polaris Industries without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Polaris Industries Corporate Directors

Polaris Industries corporate directors refer to members of a Polaris Industries board of directors. The board of directors generally takes responsibility for the Polaris Industries' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Polaris Industries' board members must vote for the resolution. The Polaris Industries board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Gary HendricksonIndependent DirectorProfile
Gwenne HenricksIndependent DirectorProfile
R SchreckIndependent DirectorProfile
George BilicicIndependent DirectorProfile

How to buy Polaris Stock?

Before investing in Polaris Industries, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Polaris Industries. To buy Polaris Industries stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Polaris Industries. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Polaris Industries stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Polaris Industries stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Polaris Industries stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Polaris Industries, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Polaris Stock please use our How to Invest in Polaris Industries guide.

Already Invested in Polaris Industries?

The danger of trading Polaris Industries is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Polaris Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Polaris Industries. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Polaris Industries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Polaris Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Polaris Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Polaris Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Polaris Industries Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polaris Industries. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Polaris Stock please use our How to Invest in Polaris Industries guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running Polaris Industries' price analysis, check to measure Polaris Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Polaris Industries is operating at the current time. Most of Polaris Industries' value examination focuses on studying past and present price action to predict the probability of Polaris Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Polaris Industries' price. Additionally, you may evaluate how the addition of Polaris Industries to your portfolios can decrease your overall portfolio volatility.
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Is Polaris Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Polaris Industries. If investors know Polaris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Polaris Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.46)
Dividend Share
2.6
Earnings Share
8.71
Revenue Per Share
157.877
Quarterly Revenue Growth
(0.04)
The market value of Polaris Industries is measured differently than its book value, which is the value of Polaris that is recorded on the company's balance sheet. Investors also form their own opinion of Polaris Industries' value that differs from its market value or its book value, called intrinsic value, which is Polaris Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Polaris Industries' market value can be influenced by many factors that don't directly affect Polaris Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Polaris Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Polaris Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Polaris Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.