Polaris Industries Inc. (NYSE:PII) – Investment analysts at B. Riley issued their Q1 2020 EPS estimates for shares of Polaris Industries in a note issued to investors on Tuesday, October 16th. B. Riley analyst E. Wold expects that the company will post earnings of $1.64 per share for the quarter. B. Riley also issued estimates for Polaris Industries’ Q2 2020 earnings at $2.07 EPS, Q3 2020 earnings at $1.92 EPS and FY2020 earnings at $8.10 EPS.

Polaris Industries (NYSE:PII) last released its quarterly earnings data on Wednesday, July 25th. The company reported $1.77 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.63 by $0.14. Polaris Industries had a net margin of 4.58% and a return on equity of 40.51%. The business had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.45 billion. During the same period in the prior year, the company earned $1.16 EPS. The firm’s quarterly revenue was up 10.1% compared to the same quarter last year.

Other equities research analysts have also issued reports about the stock. Citigroup boosted their target price on shares of Polaris Industries from $125.00 to $126.00 and gave the stock a “buy” rating in a report on Monday, August 13th. Zacks Investment Research raised shares of Polaris Industries from a “hold” rating to a “buy” rating and set a $124.00 target price on the stock in a report on Tuesday, August 7th. Longbow Research reissued a “buy” rating on shares of Polaris Industries in a report on Friday, October 5th. Royal Bank of Canada reissued a “hold” rating and set a $108.00 target price on shares of Polaris Industries in a report on Thursday, July 26th. Finally, Stifel Nicolaus reduced their target price on shares of Polaris Industries from $123.00 to $114.00 and set a “hold” rating on the stock in a report on Thursday, July 26th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $115.08.

PII opened at $91.81 on Wednesday. Polaris Industries has a fifty-two week low of $90.75 and a fifty-two week high of $137.66. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.44 and a current ratio of 1.27. The company has a market cap of $6.28 billion, a price-to-earnings ratio of 19.22, a price-to-earnings-growth ratio of 1.03 and a beta of 0.92.

Large investors have recently bought and sold shares of the company. Squar Milner Financial Services LLC acquired a new position in shares of Polaris Industries during the 2nd quarter valued at $108,000. Laurel Wealth Advisors Inc. acquired a new position in shares of Polaris Industries during the 2nd quarter valued at $203,000. Engineers Gate Manager LP acquired a new position in shares of Polaris Industries during the 2nd quarter valued at $208,000. Hartford Investment Management Co. acquired a new position in shares of Polaris Industries during the 2nd quarter valued at $216,000. Finally, Smith Shellnut Wilson LLC ADV acquired a new position in shares of Polaris Industries during the 3rd quarter valued at $217,000. 83.53% of the stock is currently owned by institutional investors.

In other news, Director George W. Bilicic acquired 1,195 shares of Polaris Industries stock in a transaction dated Friday, July 27th. The shares were bought at an average cost of $104.61 per share, with a total value of $125,008.95. Following the purchase, the director now owns 6,239 shares in the company, valued at approximately $652,661.79. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Scott W. Wine acquired 3,000 shares of Polaris Industries stock in a transaction dated Friday, July 27th. The stock was purchased at an average cost of $104.09 per share, for a total transaction of $312,270.00. Following the completion of the purchase, the chief executive officer now owns 335,154 shares in the company, valued at approximately $34,886,179.86. The disclosure for this purchase can be found here. Corporate insiders own 2.40% of the company’s stock.

Polaris Industries Company Profile

Polaris Industries Inc designs, engineers, manufactures, and markets power sports vehicles worldwide. The company operates through four segments: Off-Road Vehicles (ORVs)/Snowmobiles, Motorcycles, Global Adjacent Markets, and Aftermarket. It offers ORVs, including all-terrain vehicles and side-by-side vehicles for recreational and utility use; snowmobiles; motorcycles; and low emission, light duty hauling, passenger, commercial, and industrial vehicles, as well as snow bike conversion kit systems.

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Earnings History and Estimates for Polaris Industries (NYSE:PII)

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