Polaris Industries (PII) Receives Media Sentiment Rating of 0.24
Media coverage about Polaris Industries (NYSE:PII) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Polaris Industries earned a news impact score of 0.24 on Accern’s scale. Accern also gave news headlines about the company an impact score of 47.0295067059604 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern’s analysis:
- Notable Wednesday Option Activity: PII, BMY, ACGL (nasdaq.com)
- Polaris CEO: First thing we would do with lower tax rate … (finance.yahoo.com)
- Head to Head Contrast: LCI Industries (LCII) & Polaris Industries (PII) (americanbankingnews.com)
- Stephen L. Eastman Sells 1,500 Shares of Polaris Industries Inc. (PII) Stock (americanbankingnews.com)
- Polaris Industries Inc. (PII) SVP James P. Williams Sells 20,000 Shares (americanbankingnews.com)
Several research analysts recently commented on PII shares. Northcoast Research reaffirmed a “hold” rating on shares of Polaris Industries in a research note on Tuesday, September 5th. Robert W. Baird reaffirmed a “neutral” rating on shares of Polaris Industries in a research note on Sunday, September 3rd. Royal Bank Of Canada lifted their target price on shares of Polaris Industries from $81.00 to $91.00 and gave the stock an “underperform” rating in a research note on Wednesday, October 25th. UBS decreased their target price on shares of Polaris Industries from $108.00 to $82.00 and set a “neutral” rating on the stock in a research note on Friday, September 15th. Finally, BMO Capital Markets lifted their target price on shares of Polaris Industries from $110.00 to $115.00 and gave the stock an “outperform” rating in a research note on Friday, September 15th. Two equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $99.27.
Polaris Industries (PII) traded up $2.22 during trading hours on Friday, reaching $133.70. 727,995 shares of the company traded hands, compared to its average volume of 652,816. The company has a market capitalization of $8,223.06, a PE ratio of 28.90, a P/E/G ratio of 1.81 and a beta of 1.41. Polaris Industries has a twelve month low of $77.91 and a twelve month high of $134.29. The company has a current ratio of 1.04, a quick ratio of 0.34 and a debt-to-equity ratio of 1.00.
Polaris Industries (NYSE:PII) last released its quarterly earnings results on Tuesday, October 24th. The company reported $1.46 earnings per share for the quarter, beating the consensus estimate of $1.22 by $0.24. The business had revenue of $1.48 billion for the quarter, compared to analysts’ expectations of $1.40 billion. Polaris Industries had a net margin of 3.90% and a return on equity of 33.81%. The firm’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.50 earnings per share. analysts predict that Polaris Industries will post 4.85 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be issued a $0.58 dividend. This represents a $2.32 annualized dividend and a yield of 1.74%. The ex-dividend date of this dividend is Thursday, November 30th. Polaris Industries’s dividend payout ratio (DPR) is currently 73.19%.
In other news, insider Michael D. Dougherty sold 8,000 shares of the business’s stock in a transaction on Thursday, October 26th. The shares were sold at an average price of $122.23, for a total transaction of $977,840.00. Following the sale, the insider now owns 13,113 shares in the company, valued at approximately $1,602,801.99. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Stephen L. Eastman sold 8,500 shares of the business’s stock in a transaction on Monday, October 30th. The shares were sold at an average price of $119.25, for a total transaction of $1,013,625.00. Following the sale, the insider now owns 18,846 shares in the company, valued at approximately $2,247,385.50. The disclosure for this sale can be found here. In the last quarter, insiders sold 58,102 shares of company stock worth $7,174,301. 2.20% of the stock is currently owned by company insiders.
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Polaris Industries Company Profile
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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