Polaris Inc. with ticker code (PII) now have 14 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The range between the high target price and low target price is between 130 and 74 calculating the average target price we see $113.07. Given that the stocks previous close was at $105.97 this is indicating there is a potential upside of 6.7%. The day 50 moving average is $110.70 and the 200 moving average now moves to $108.94. The company has a market cap of $6,186m. Visit the company website at: https://www.polaris.com
The potential market cap would be $6,601m based on the market consensus.
Polaris Inc. designs, engineers, manufactures, and markets powersports vehicles worldwide. 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; moto-roadsters, quadricycles, and boats; and aftermarket parts and apparel. It also provides ORV accessories comprising winches, bumper/brushguards, plows, racks, wheels and tires, pull-behinds, cab systems, lighting and audio systems, cargo box accessories, tracks, and oil; snowmobile accessories, which include covers, traction products, reverse kits, electric starters, tracks, bags, windshields, oil, and lubricants; and motorcycle accessories, such as saddle bags, handlebars, backrests, exhausts, windshields, seats, oil, and various chrome accessories. In addition, the company offers light duty hauling and passenger vehicles; gear and apparel, such as helmets, goggles, jackets, gloves, boots, bibs, hats, pants, and leathers; and pontoon and deck boats. It provides its products through dealers and distributors, and online; and retail and e-commerce sites. The company was formerly known as Polaris Industries Inc. Polaris Inc. was founded in 1945 and is headquartered in Medina, Minnesota.
The company has a dividend yield of 2.45% with the ex dividend date set at 28-2-2023 (DMY).
