Polaris Industries (PII) Earns Daily Media Sentiment Score of 0.19
Media headlines about Polaris Industries (NYSE:PII) have been trending somewhat positive this week, according to Accern. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Polaris Industries earned a news impact score of 0.19 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.8083043443159 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
- Here’s What to Focus on – Polaris Industries Inc (NYSE: PII) – Alpha Beta Stock (alphabetastock.com)
- Zacks: Analysts Anticipate Polaris Industries Inc. (PII) Will Announce Quarterly Sales of $1.21 Billion (americanbankingnews.com)
- Beta Factor Evaluation – Polaris Industries, (NYSE: PII) – Stock Watch (stocksnewstimes.com)
- Zacks: Brokerages Anticipate Polaris Industries Inc. (PII) Will Post Earnings of $0.87 Per Share (americanbankingnews.com)
- Polaris Industries Inc. (NYSE:PII) – PEG Secrets – Nasdaq Journal (nasdaqjournal.com)
PII has been the topic of several research analyst reports. Wedbush reissued a “neutral” rating and issued a $119.00 price objective (up from $112.00) on shares of Polaris Industries in a report on Wednesday, January 3rd. Royal Bank of Canada lifted their price target on Polaris Industries from $81.00 to $91.00 and gave the stock an “underperform” rating in a research note on Wednesday, October 25th. Robert W. Baird lifted their price target on Polaris Industries from $105.00 to $120.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 25th. Wells Fargo & Co raised Polaris Industries from a “market perform” rating to an “outperform” rating in a research note on Tuesday, February 6th. Finally, Stephens set a $133.00 price target on Polaris Industries and gave the stock a “hold” rating in a research note on Friday, January 19th. Fourteen analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $112.50.
Polaris Industries (NYSE:PII) last announced its quarterly earnings data on Tuesday, January 30th. The company reported $1.47 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.47. Polaris Industries had a return on equity of 35.38% and a net margin of 3.18%. The firm had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter last year, the business posted $0.97 earnings per share. The firm’s revenue was up 17.5% compared to the same quarter last year. equities analysts predict that Polaris Industries will post 6.12 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Thursday, March 1st will be given a dividend of $0.60 per share. This is an increase from Polaris Industries’s previous quarterly dividend of $0.58. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $2.40 dividend on an annualized basis and a yield of 2.08%. Polaris Industries’s dividend payout ratio (DPR) is presently 65.35%.
In related news, SVP James P. Williams sold 20,000 shares of Polaris Industries stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $127.08, for a total transaction of $2,541,600.00. Following the transaction, the senior vice president now owns 22,664 shares in the company, valued at $2,880,141.12. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Stephen L. Eastman sold 1,500 shares of Polaris Industries stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $127.72, for a total value of $191,580.00. Following the transaction, the insider now owns 8,846 shares in the company, valued at approximately $1,129,811.12. The disclosure for this sale can be found here. Company insiders own 2.20% of the company’s stock.
About Polaris Industries
Polaris Industries Inc designs, engineers and manufactures powersports vehicles, which include Off-Road Vehicles (ORV), including All-Terrain Vehicles (ATV) and side-by-side vehicles for recreational and utility use; Snowmobiles, Motorcycles and Global Adjacent Markets vehicles, including Work and Transportation and military vehicles.
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