Polaris Inc. (NYSE:PII) shares fell to a low of $123.425 before closing at $123.80. Intraday shares traded counted 0.6 million, which was 24.57% higher than its 30-day average trading volume of 791.88K. PII’s previous close was $125.61 while the outstanding shares total 62.00M. The firm has a beta of 2.02, a 12-month trailing P/E ratio of 30.89, and a growth ratio of 2.06. The stock’s Relative Strength Index (RSI) is 33.22, with weekly volatility at 2.52% and ATR at 3.58. The PII stock’s 52-week price range has touched low of $86.67 and a $147.73 high. The stock traded lower over the last trading session, losing -1.44% on 06/09/21.
Investors have identified the Recreational Vehicles company Polaris Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $7.55 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Polaris Inc. (PII) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For PII, the company has in raw cash 432.4 million on their books with 142.1 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 2.13 billion total, with 1.86 billion as their total liabilities.
PII were able to record 10.6 million as free cash flow during the 07/28/2021 quarter of the year, this saw their quarterly net cash flow reduce by -202.8 million. In cash movements, the company had a total of 56.0 million as operating cash flow.
Potential earnings growth for Polaris Inc. (PII)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/28/2021 quarter of the year, Polaris Inc. recorded a total of 1.95 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 27.98% coming in sequential stages and their sales for the 07/28/2021 quarter reducing by -10.52%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 1.47 billion trying to sell their products during the last quarter, with the result yielding a gross income of 480.5 million. This allows shareholders to hold on to 62.00M with the recently reported earning now reading 2.16 cents per share. This is a figure that compared to analystâ€™s prediction for their 07/28/2021 (2.30 cents a share).
Having a look at the companyâ€™s valuation, the company is expected to record 10.05 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on PII sounds very interesting.
Is the stock of PII attractive?
In related news, President-Motorcycles & Int’l, Dougherty Michael D. sold 16,109 shares of the companyâ€™s stock in a transaction that recorded on Mar 15. The sale was performed at an average price of 140.00, for a total value of 2,255,260. As the sale deal closes, the SVP-Gen Counsel & Secretary, Clark Dougherty Lucy now sold 8,921 shares of the companyâ€™s stock, valued at 1,249,208. Also, CFO, SVP-Corp Dev Pres-Adj Mrk, Mack Robert Paul sold 8,048 shares of the companyâ€™s stock in a deal that was recorded on Mar 15. The shares were price at an average price of 140.00 per share, with a total market value of 1,126,720. Following this completion of acquisition, the SVP-CHRO, Williams James P now holds 30,000 shares of the companyâ€™s stock, valued at 4,165,050. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.80%.
10 out of 18 analysts covering the stock have rated it a Buy, while 6 have maintained a Hold recommendation on Polaris Inc.. 0 analysts has assigned a Sell rating on the PII stock. The 12-month mean consensus price target for the companyâ€™s shares has been set at $156.60.