What is DA Davidson’s Forecast for Polaris FY2025 Earnings?

Polaris Inc. (NYSE:PII) – Equities researchers at DA Davidson decreased their FY2025 earnings estimates for Polaris in a research report issued to clients and investors on Monday, January 20th. DA Davidson analyst B. Rolle now expects that the company will post earnings per share of $2.15 for the year, down from their previous estimate of $5.25. DA Davidson currently has a “Buy” rating and a $69.00 target price on the stock. The consensus estimate for Polaris’ current full-year earnings is $3.22 per share.

Other research analysts also recently issued reports about the stock. Morgan Stanley restated an “equal weight” rating and issued a $60.00 price target (down from $81.00) on shares of Polaris in a research report on Tuesday. Robert W. Baird lowered their target price on Polaris from $84.00 to $72.00 and set an “outperform” rating for the company in a report on Monday, December 30th. Royal Bank of Canada cut their price target on Polaris from $82.00 to $73.00 and set a “sector perform” rating on the stock in a report on Wednesday, October 23rd. Citigroup lowered their price objective on Polaris from $73.00 to $57.00 and set a “neutral” rating for the company in a research note on Thursday. Finally, Truist Financial cut their target price on Polaris from $76.00 to $60.00 and set a “hold” rating on the stock in a research note on Tuesday, January 7th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $75.45.

Polaris Stock Performance

Polaris stock opened at $54.23 on Wednesday. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.21 and a quick ratio of 0.32. Polaris has a 12 month low of $52.62 and a 12 month high of $100.91. The company has a fifty day moving average price of $60.88 and a two-hundred day moving average price of $73.01. The company has a market cap of $3.02 billion, a PE ratio of 15.15, a P/E/G ratio of 6.02 and a beta of 1.53.

Polaris (NYSE:PII) last issued its earnings results on Tuesday, October 22nd. The company reported $0.73 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.15). Polaris had a return on equity of 17.92% and a net margin of 2.64%. The firm had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.77 billion. During the same quarter in the previous year, the business posted $2.71 EPS. Polaris’s revenue was down 23.4% compared to the same quarter last year.

Institutional Investors Weigh In On Polaris

Several institutional investors have recently bought and sold shares of PII. Venturi Wealth Management LLC increased its position in shares of Polaris by 534.5% during the 3rd quarter. Venturi Wealth Management LLC now owns 349 shares of the company’s stock valued at $29,000 after purchasing an additional 294 shares during the period. Quarry LP raised its position in Polaris by 187.4% in the third quarter. Quarry LP now owns 388 shares of the company’s stock worth $32,000 after acquiring an additional 253 shares in the last quarter. Blue Trust Inc. lifted its holdings in Polaris by 2,431.3% in the 3rd quarter. Blue Trust Inc. now owns 405 shares of the company’s stock valued at $32,000 after acquiring an additional 389 shares during the last quarter. Abich Financial Wealth Management LLC bought a new position in shares of Polaris during the 2nd quarter valued at about $57,000. Finally, GAMMA Investing LLC grew its stake in shares of Polaris by 232.6% in the 4th quarter. GAMMA Investing LLC now owns 968 shares of the company’s stock worth $56,000 after purchasing an additional 677 shares during the last quarter. Institutional investors and hedge funds 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.