Home Actualité internationale World news – Polaris (NYSE: PII) Receives New Price Target of $ 153.00 on Wedbush
Actualité internationale

World news – Polaris (NYSE: PII) Receives New Price Target of $ 153.00 on Wedbush

Wedbush raised its target price on Polaris shares from USD 134.00 to USD 153.00 and rated the company as "Outperform" in a research report on Monday.

Sign up for MarketBeat All Access to get access to all of MarketBeat’s research tools:

Polaris (NYSE: PII) price target was announced by equity researchers at Wedbush in a Monday to customers and investors published research report increased from US $ 134.00 to US $ 153.00, reports The Fly. The broker currently has an « Outperform » rating on the stock. Wedbush’s price target would indicate a potential 11.60% gain over the company’s current price.

Other equity analysts have recently released reports on the company. Raymond James raised his target price on Polaris from $ 128.00 to $ 147.00 and gave the stock a « purchasing power » rating in a report on Wednesday, January 27th. Morgan Stanley raised its target price on Polaris from $ 140.00 to $ 145.00 and rated the stock as overweight in a report on Wednesday, January 27th. BMO Capital Markets raised its target price for Polaris from USD 136.00 to USD 150.00 and rated the stock as « Outperform » in a report on Wednesday, January 27th. Zacks Investment Research upgraded Polaris from a « hold » rating to a « buy » rating in a report on Wednesday, January 20, and set a price target of $ 121.00 for the company. Finally, Lake Street Capital raised its target price for Polaris from $ 128.00 to $ 150.00 and gave the stock a « Buy » rating in a report on Tuesday, January 26th. Four investment analysts have given the stock a hold rating, twelve with a buy rating and one with a strong buy rating. The stock currently has a consensus rating of « Buy » and an average price target of $ 118.59.

NYSE: PII stocks opened at $ 137.10 on Monday. The company has a quick rate of 0.52, a current rate of 1.06, and a leverage ratio of 1.40. The company has a fifty-day moving average of $ 121.79 and a two-hundred-day moving average of $ 103.20. The stock has a market cap of $ 8.50 billion, a P / E of 415.45, and a beta of 2.05. Polaris has a 52-week low of $ 37.35 and a 52-week high of $ 137.76. (adsbygoogle = window.adsbygoogle || []). push ({});

Polaris (NYSE: PII) last published its results on Monday, January 25th. The company reported earnings per share for the quarter of $ 3.34, beating Thomson Reuters’ consensus estimate of $ 2.90 by $ 0.44. The company had revenue of $ 2.16 billion for the quarter, compared to analyst expectations of $ 1.83 billion. Polaris had a return on equity of 40.78% and a net margin of 0.38%. The company’s quarterly revenue increased 24.2% year over year. For the same period last year, the company posted earnings of $ 1.83 per share. On average, stock analysts expect Polaris to achieve earnings per share of 7.27 this year.

In related news, SVP James P. Williams sold 24,806 shares in the company in a transaction that occurred on Monday, March 8th. The stock was sold at an average price of $ 133.79 for a total transaction of $ 3,318,794.74. Following the transaction, the senior vice president now owns 42,991 shares in the company valued at approximately $ 5,751,765.89. The transaction was disclosed in a document filed with the Securities & Exchange Commission and available at this link. Insider Stephen L. Eastman also sold 7,714 shares in the company on Wednesday, March 10. The stock sold at an average price of $ 133.55 for a total value of $ 1,030,204.70. Following the transaction, the Insider now holds 19,038 shares in the company valued at approximately $ 2,542,524.90. The disclosure for this sale can be found here. Insiders sold a total of 136,664 shares in the company in the past 90 days, valued at $ 17,507,015. 3.20% of the shares are currently owned by insiders.

A number of major investors recently increased or decreased their stake in the stock. Wealthsource Partners LLC increased its stake in Polaris by 1.4% in the fourth quarter. Wealthsource Partners LLC now owns 6,084 shares in the company valued at $ 580,000 after purchasing an additional 84 shares last quarter. Vestmark Advisory Solutions Inc. increased its stake in Polaris by 3.5% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 2,513 shares in the company valued at $ 239,000 after purchasing an additional 86 shares last quarter. Globeflex Capital L P increased its stake in Polaris by 0.7% in the fourth quarter. Globeflex Capital L P now owns 12,089 shares in the company valued at $ 1,152,000 after purchasing an additional 86 shares last quarter. The Louisiana State Employees Retirement System increased its proportion of Polaris stock by 0.7% in the fourth quarter. The Louisiana State Employees Retirement System now owns 14,500 shares of the company valued at $ 1,382,000 after purchasing an additional 100 shares last quarter. Finally, the State of Michigan Retirement System added 0.5% to its Polaris stock in the fourth quarter. The State of Michigan Retirement System now owns 21,124 shares in the company, valued at $ 2,013,000, after purchasing an additional 100 shares last quarter. Hedge funds and other institutional investors own 73.65% of the company’s shares.

Polaris Inc develops, designs, manufactures and markets automotive vehicles worldwide. The company operates in five segments: ORV / Snowmobiles, Motorcycles, Global Adjacent Markets, Aftermarket and Boats. The company offers all-terrain vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles. Conversion kits for snowmobiles and snowbikes; Motorcycles; and low-emission, light transportation, passenger and industrial vehicles.

This instant messaging alert was generated through narrative science technology and financial data from MarketBeat to give readers the fastest, most accurate coverage. This story has been reviewed by the editorial staff of MarketBeat prior to publication. Please send questions or comments about this story to [email protected]

The cryptocurrency market is on the verge of boiling over

The cryptocurrency has been quiet for years, but it’s starting to boil over again. With Bitcoin’s price around 550%, the sky seems like the limit.

Whether or not you are trading Bitcoin or any other cryptocurrency, understanding what it is and what trends are driving it is important.

The bottom line, however, is that the world’s money is flowing into the blockchain and the use of cryptocurrency is growing exponentially.

Fill out the form below to receive the latest headlines and analyst recommendations for your stocks with our free daily email newsletter:

Sign up to MarketBeat All Access to access the full Get Research Tools from MarketBeat:

View the latest news, buy / sell ratings, SEC filings, and insider deals for your stocks. Compare your portfolio performance against leading indices and get personalized stock ideas based on your portfolio.

Get stock ideas daily with the best Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. See what stocks are up to date on social media with MarketBeat’s Trending Stock Report.

Identify stocks that match your criteria using seven unique stock screeners. See what’s happening in the market with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.

MarketBeat All Access subscribers can access Stock Screener, the Idea Engine, data export tools, research reports, and other premium tools.

Looking for new stock ideas? Would you like to see which stocks are moving? View our full range of financial calendars and market data tables for free.

Receive free world class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

MarketBeat enables individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, company buybacks, dividends, earnings, business reports, financial data, insider trading, IPOs, SEC filings, or stock splits, MarketBeat has the objective information you need to analyze stocks. Learn more.

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St # 105, Sioux Falls, SD 57103 | [Email protected] | (844) 978-6257
MarketBeat does not provide financial advice or make recommendations or offers to buy stocks or sell any securities. Learn more.
Our statement on accessibility
Don’t sell my information

© 2021 The market data provided will be delayed by at least 10 minutes and hosted by Barchart Solutions. The information is provided « as is » and is provided for informational purposes only, not for commercial or advisory purposes, and is delayed. Please refer to the disclaimer for all delays and terms of use for exchanges. Basic company data from Zacks Investment Research. As a bonus for subscribing to our e-mail newsletters, you will also receive a free subscription to the Liberty Through Wealth e-newsletter. You can unsubscribe at any time.

Enter your email address below to receive a quick daily summary of upgrades, downgrades, and new coverage from Analysts with MarketBeat.com’s FREE daily email newsletter.

Ref: https://www.marketbeat.com

[quads id=1]