Polaris (NYSE:PII) Shares Gap Down – Here’s Why

Shares of Polaris Inc. (NYSE:PII) gapped down prior to trading on Tuesday . The stock had previously closed at $69.11, but opened at $64.30. Polaris shares last traded at $64.4430, with a volume of 288,772 shares traded.

Analyst Upgrades and Downgrades

PII has been the subject of a number of recent research reports. Royal Bank Of Canada dropped their price objective on shares of Polaris to $67.00 and set a “sector perform” rating for the company in a research note on Tuesday. Roth Mkm reaffirmed a “neutral” rating on shares of Polaris in a research report on Wednesday. BMO Capital Markets reaffirmed a “market perform” rating and set a $70.00 target price on shares of Polaris in a research report on Wednesday, October 29th. Robert W. Baird boosted their price objective on shares of Polaris from $55.00 to $60.00 and gave the stock a “neutral” rating in a research note on Monday, October 6th. Finally, Citigroup increased their price target on shares of Polaris from $60.00 to $71.00 and gave the company a “neutral” rating in a research report on Thursday, October 30th. One research analyst has rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $59.82.

Polaris Stock Down 0.5%

The company has a market cap of $3.64 billion, a PE ratio of -7.90, a price-to-earnings-growth ratio of 2.11 and a beta of 1.14. The business has a fifty day simple moving average of $67.69 and a two-hundred day simple moving average of $61.94. The company has a current ratio of 0.98, a quick ratio of 0.36 and a debt-to-equity ratio of 1.81.

Polaris (NYSE:PII) last released its quarterly earnings data on Tuesday, January 27th. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.02. The firm had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.82 billion. Polaris had a negative return on equity of 0.05% and a negative net margin of 6.51%.The firm’s quarterly revenue was up 9.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.92 earnings per share. Polaris has set its FY 2026 guidance at 1.500-1.600 EPS and its Q1 2026 guidance at 0.450-0.450 EPS. As a group, equities research analysts predict that Polaris Inc. will post 1.11 earnings per share for the current year.

Insider Activity at Polaris

In other Polaris news, SVP James P. Williams sold 4,554 shares of the company’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $67.53, for a total value of $307,531.62. Following the completion of the transaction, the senior vice president owned 43,878 shares in the company, valued at $2,963,081.34. This represents a 9.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 3.12% of the stock is owned by company insiders.

Institutional Trading of Polaris

Institutional investors and hedge funds have recently made changes to their positions in the stock. Harbor Capital Advisors Inc. acquired a new stake in Polaris in the 3rd quarter worth about $26,000. Parkside Financial Bank & Trust boosted its stake in shares of Polaris by 371.4% in the second quarter. Parkside Financial Bank & Trust now owns 693 shares of the company’s stock valued at $28,000 after purchasing an additional 546 shares during the period. EMC Capital Management acquired a new stake in shares of Polaris during the second quarter valued at about $36,000. Quent Capital LLC purchased a new stake in Polaris during the 3rd quarter worth approximately $37,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Polaris in the fourth quarter worth $40,000. 88.06% of the stock is currently owned by hedge funds and other institutional investors.

About Polaris

Polaris Inc, founded in 1954 and headquartered in Medina, Minnesota, is a diversified manufacturer of powersports vehicles and related products. Initially gaining prominence with its snowmobiles, Polaris expanded its portfolio over the decades to include all-terrain vehicles (ATVs), side-by-side off-road vehicles, and motorcycles. The company’s legacy in recreational and utility vehicle innovation stems from early engineering breakthroughs that established Polaris as a leading name in off-road mobility.

Today, Polaris offers a broad range of products under well-known brands such as Polaris RANGER and POLARIS SPORTSMAN for utility and recreation markets, Slingshot three-wheel roadsters for on-road enthusiasts, and the Indian Motorcycle brand for premium two-wheeled touring and cruiser segments.