Polaris Industries (NYSE:PII) : The consensus on Polaris Industries (NYSE:PII) based on 18 analyst recommendation on the company stock is 2.39, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 6 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 10 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Polaris Industries (NYSE:PII) : 18 investment research analysts covering Polaris Industries (NYSE:PII) have an average price target of $115.61 for the near short term. The highest target price given by the Brokerage Firm to the stock is $176 and the lowest target is $88 for the short term. Analysts expect the variance to be within $28.75 of the average price.
Company shares have received an average consensus rating of Hold for the current week
Polaris Industries (NYSE:PII): stock turned positive on Tuesday. Though the stock opened at $79.12, the bulls momentum made the stock top out at $80.73 level for the day. The stock recorded a low of $79.03 and closed the trading day at $80.19, in the green by 2.53%. The total traded volume for the day was 800,504. The stock had closed at $78.21 in the previous days trading.
In an insider trading activity, Farr Kevin M, director of Polaris Industries Inc/Mn, executed a transaction worth $174,615 on May 23, 2016. A total of 2,100 shares were purchased at an average price of $83.15. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Polaris Industries Inc. (Polaris) designs, engineers and manufactures off-road vehicles (ORV), including all-terrain vehicles (ATV) and side-by-side vehicles for recreational and utility use, snowmobiles, motorcycles and small vehicles (SV). These products are sold through dealers and distributors located in the United States, Canada and Europe. The Companys ORVs include core ATVs, and RANGER and RZR side-by-side vehicles. The Company produces a range of snowmobiles, consisting of 32 models, ranging from youth models to utility and economy models to performance and competition models. Polaris Motorcycles division consists of Victory, Indian motorcycles and three-wheel roadster motorcycle, Slingshot. The Company offer products in the light-duty hauling, people mover and urban/suburban commuting sub-sectors of the small vehicles industry. The Company produces or supplies a range of replacement parts and accessories for its product lines.