Cracking The Code: Understanding Analyst Reviews For Polaris

In the latest quarter, 4 analysts provided ratings for Polaris PII, showcasing a mix of bullish and bearish perspectives.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 2 2 0 0
Last 30D 0 0 1 0 0
1M Ago 0 2 0 0 0
2M Ago 0 0 1 0 0
3M Ago 0 0 0 0 0

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $99.5, with a high estimate of $113.00 and a low estimate of $77.00. This current average represents a 2.13% decrease from the previous average price target of $101.67.

price target chart

Understanding Analyst Ratings: A Comprehensive Breakdown

A comprehensive examination of how financial experts perceive Polaris is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Sabahat Khan RBC Capital Raises Sector Perform $103.00 $100.00
Megan Alexander Morgan Stanley Announces Overweight $113.00 -
Noah Zatzkin Keybanc Lowers Overweight $105.00 $115.00
Brandon Rolle DA Davidson Lowers Neutral $77.00 $90.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Polaris. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Polaris compared to the broader market.
  • Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Polaris's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Polaris's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Polaris analyst ratings.

Delving into Polaris's Background

Polaris designs and manufactures off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility purposes, snowmobiles, and on-road vehicles, including motorcycles, along with the related replacement parts, garments, and accessories. The firm entered the marine market after acquiring Boat Holdings in 2018, offering exposure to new segments of the outdoor lifestyle market. Polaris products retailed through more than 2,500 dealers in North America and through 1,500 international dealers as well as more than 25 subsidiaries and 90 distributors in more than 100 countries outside North America at the end of 2022.

Key Indicators: Polaris's Financial Health

Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.

Negative Revenue Trend: Examining Polaris's financials over 3 months reveals challenges. As of 30 September, 2023, the company experienced a decline of approximately -3.92% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Consumer Discretionary sector.

Net Margin: Polaris's net margin excels beyond industry benchmarks, reaching 6.75%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Polaris's ROE excels beyond industry benchmarks, reaching 11.76%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Polaris's ROA stands out, surpassing industry averages. With an impressive ROA of 2.71%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Polaris's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.76, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

Analyst Ratings: Simplified

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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