Polaris Inc (NYSE: PII) on Tuesday, plunged -1.93% from the previous trading day, before settling in for the closing price of $88.20. Within the past 52 weeks, PII’s price has moved between $82.00 and $138.49.
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Annual sales at Consumer Cyclical sector company grew by 8.11% over the past five years. The company achieved an average annual earnings per share of -13.46%. With a float of $52.99 million, this company’s outstanding shares have now reached $56.50 million.
Let’s look at the performance matrix of the company that is accounted for 18500 employees.
Polaris Inc (PII) Insider Updates
Observing investor behavior towards Recreational Vehicles industry stocks is more important than anything else. The insider ownership of Polaris Inc is 6.18%, while institutional ownership is 85.65%. The most recent insider transaction that took place on Aug 07 ’23, was worth 1,080,560. In this transaction CFO, EVP – Finance + Corp Dev of this company sold 8,312 shares at a rate of $130.00, taking the stock ownership to the 28,356 shares. Before that another transaction happened on Aug 03 ’23, when Company’s Director sold 3,225 for $133.28, making the entire transaction worth $429,828. This insider now owns 14,645 shares in total.
Polaris Inc (PII) Performance Highlights and Predictions
As on 12/31/2023, Multinational firm has announced its last quarter scores, in which it reported 2.05 earnings per share (EPS) for the period topping the consensus outlook (set at 1.72) by 0.33. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.46% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to 10.70% growth over the previous five years of trading.
Polaris Inc (NYSE: PII) Trading Performance Indicators
Polaris Inc (PII) is currently performing well based on its current performance indicators. A quick ratio of 0.46 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.55. Likewise, its price to free cash flow for the trailing twelve months is 8.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.71, a number that is poised to hit 2.22 in the next quarter and is forecasted to reach 9.20 in one year’s time.
Technical Analysis of Polaris Inc (PII)
Polaris Inc (NYSE: PII) saw its 5-day average volume 0.98 million, a positive change from its year-to-date volume of 0.69 million. As of the previous 9 days, the stock’s Stochastic %D was 20.59%. Additionally, its Average True Range was 2.69.
During the past 100 days, Polaris Inc’s (PII) raw stochastic average was set at 23.80%, which indicates a significant increase from 14.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.70% in the past 14 days, which was lower than the 30.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $92.70, while its 200-day Moving Average is $99.71. Nevertheless, the first resistance level for the watch stands at $89.14 in the near term. At $91.79, the stock is likely to face the second major resistance level. The third major resistance level sits at $94.29. If the price goes on to break the first support level at $83.99, it is likely to go to the next support level at $81.49. Assuming the price breaks the second support level, the third support level stands at $78.84.
Polaris Inc (NYSE: PII) Key Stats
Market capitalization of the company is 4.89 billion based on 56,480K outstanding shares. Right now, sales total 8,934 M and income totals 502,800 K. The company made 2,289 M in profit during its latest quarter, and 103,400 K in sales during its previous quarter.
