Analyst Ratings for Polaris Industries Inc. (PII)Updated: 2017-07-26
An average rating of Hold has been given to Polaris Industries Inc. (NYSE:PII) by analysts covering the stock. Last month, PII received an average rating of Hold.
A buy rating was issued by 3 analysts, 0 gave an overweight rating, 13 gave a hold rating, 0 issued an underweight rating, and 2 issued a sell rating. Compared to three months ago, there has been an decrease of 3 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 1.
A number of analysts gave price targets for PII. The most optimistic analyst gave a price target of 111, implying a possible profit of 23.35 percent. The most pessimistic price target was 60, which equates to a potential downside of -33.33 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates downwards for this quarter, by about -3.48 percent on average, compared to last month. That number becomes -3.11 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 1.36 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.36 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 7 analysts revised their estimates downwards. Over the same time period, 6 analysts revised their FY earnings estimates upwards, compared to 1 analysts that revised their FY estimates downwards.
The growth rate of PII's earnings is estimated by analysts to be 79.37 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. PII has a PEG ratio of 0.47.
PII has traded between a high of 99.16 and a low of 70.14 over the past year. The current market price is above the trailing year's low by 28.3 percent, and 9.25 percent below the high. PII has a price/earnings ratio of 37.65. Investors typically compare the P/E ratio to a company's peers in the industry. The PII value stock report compares PII to some of its peers using value stock charts. The market cap of PII is $5.87 billion. PII's next earnings release will be on 0000-00-00, which is days away.