Polaris (NYSE:PII) Stock Price Expected to Rise, Robert W. Baird Analyst Says

Polaris (NYSE:PII) had its target price hoisted by equities researchers at Robert W. Baird from $55.00 to $60.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Robert W. Baird’s price target indicates a potential downside of 6.61% from the company’s previous close.

Other analysts have also recently issued reports about the company. Royal Bank Of Canada boosted their price objective on Polaris from $34.00 to $56.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 30th. Roth Capital upped their price target on Polaris from $32.00 to $41.00 and gave the stock a “neutral” rating in a report on Wednesday, July 23rd. BMO Capital Markets reiterated a “market perform” rating and issued a $52.00 price objective (up previously from $33.00) on shares of Polaris in a report on Wednesday, July 30th. Weiss Ratings reissued a “sell (d+)” rating on shares of Polaris in a research report on Saturday, September 27th. Finally, Citigroup raised Polaris from a “sell” rating to a “neutral” rating and upped their target price for the company from $35.00 to $60.00 in a research report on Wednesday. One analyst has rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $52.33.

Polaris Stock Up 2.6%

Shares of PII stock opened at $64.24 on Monday. The stock has a 50 day moving average of $56.56 and a 200 day moving average of $45.83. The company has a current ratio of 1.04, a quick ratio of 0.37 and a debt-to-equity ratio of 1.17. The stock has a market cap of $3.61 billion, a P/E ratio of -34.17 and a beta of 1.08. Polaris has a twelve month low of $30.92 and a twelve month high of $84.08.

Polaris (NYSE:PII) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.35. The company had revenue of $1.85 billion during the quarter, compared to analysts’ expectations of $1.73 billion. Polaris had a positive return on equity of 5.16% and a negative net margin of 1.57%.Polaris’s quarterly revenue was down 5.5% on a year-over-year basis. During the same period last year, the business earned $1.38 earnings per share. Polaris has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that Polaris will post 1.11 EPS for the current year.

Hedge Funds Weigh In On Polaris

Several hedge funds have recently bought and sold shares of the stock. Parkside Financial Bank & Trust grew its position 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. UMB Bank n.a. lifted its stake in shares of Polaris by 114.1% during the first quarter. UMB Bank n.a. now owns 805 shares of the company’s stock worth $33,000 after purchasing an additional 429 shares in the last quarter. Opal Wealth Advisors LLC acquired a new position in shares of Polaris in the first quarter worth about $35,000. EMC Capital Management acquired a new position in shares of Polaris in the second quarter worth about $36,000. Finally, Fifth Third Bancorp lifted its stake in shares of Polaris by 46.9% in the first quarter. Fifth Third Bancorp now owns 996 shares of the company’s stock worth $41,000 after acquiring an additional 318 shares in the last quarter. Hedge funds and other institutional investors own 88.06% of the company’s stock.

About Polaris

Polaris Inc designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats.