Let’s look at the key reasons that are pushing Polaris Inc (PII) to new highs

Sana Meer

Polaris Inc (NYSE: PII) kicked off on Friday, up 6.32% from the previous trading day, before settling in for the closing price of $59.83. Over the past 52 weeks, PII has traded in a range of $30.92-$75.25.

During the last 5-year period, the sales drop of Consumer Cyclical Sector giant was -17.81%. While this was happening, its average annual earnings per share was recorded -100.42%. With a float of $52.54 million, this company’s outstanding shares have now reached $56.20 million.

Polaris Inc (PII) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Recreational Vehicles Industry. The insider ownership of Polaris Inc is 6.60%, while institutional ownership is 99.70%. The most recent insider transaction that took place on Dec 18 ’24, was worth 569,737.

Polaris Inc (PII) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 12/31/2024, the organization reported 0.92 earnings per share (EPS), higher than consensus estimate (set at 0.9) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.44 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -100.42% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.44% during the next five years compared to -17.81% drop over the previous five years of trading.

Polaris Inc (NYSE: PII) Trading Performance Indicators

Take a look at Polaris Inc’s (PII) current performance indicators. Last quarter, stock had a quick ratio of 0.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.51. Likewise, its price to free cash flow for the trailing twelve months is 5.51.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.66, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 1.69 in one year’s time.

Technical Analysis of Polaris Inc (PII)

Looking closely at Polaris Inc (NYSE: PII), its last 5-days average volume was 0.88 million, which is a drop from its year-to-date volume of 1.58 million. As of the previous 9 days, the stock’s Stochastic %D was 22.56%.

During the past 100 days, Polaris Inc’s (PII) raw stochastic average was set at 61.56%, which indicates a significant increase from 54.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 2.33 in the past 14 days, which was lower than the 2.49 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $63.21, while its 200-day Moving Average is $49.22. However, in the short run, Polaris Inc’s stock first resistance to watch stands at $65.24. Second resistance stands at $66.87. The third major resistance level sits at $69.39. If the price goes on to break the first support level at $61.09, it is likely to go to the next support level at $58.57. Now, if the price goes above the second support level, the third support stands at $56.94.

Polaris Inc (NYSE: PII) Key Stats

The company with the Market Capitalisation of 3.58 billion has total of 56,248K Shares Outstanding. Its annual sales at the moment are 7,175 M in contrast with the sum of 110,800 K annual income. Company’s last quarter sales were recorded 1,842 M and last quarter income was -15,800 K.

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