Stephens set a $133.00 target price on Polaris Industries (NYSE:PII) in a research report sent to investors on Friday morning. The firm currently has a hold rating on the stock.

A number of other research analysts also recently weighed in on the company. Longbow Research upgraded Polaris Industries from an underperform rating to a neutral rating in a report on Wednesday, January 17th. Zacks Investment Research downgraded Polaris Industries from a buy rating to a hold rating in a research note on Thursday, January 4th. Wedbush upped their price target on Polaris Industries from $112.00 to $119.00 and gave the stock a neutral rating in a research note on Wednesday, January 3rd. B. Riley upped their price target on Polaris Industries from $91.00 to $118.00 and gave the stock a neutral rating in a research note on Wednesday, October 25th. Finally, Robert W. Baird upped their price target on Polaris Industries from $105.00 to $120.00 and gave the stock a neutral rating in a research note on Wednesday, October 25th. Sixteen research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has an average rating of Hold and an average target price of $108.31.

Polaris Industries (NYSE:PII) opened at $133.84 on Friday. Polaris Industries has a twelve month low of $77.91 and a twelve month high of $136.55. The company has a current ratio of 1.04, a quick ratio of 0.34 and a debt-to-equity ratio of 1.00. The firm has a market capitalization of $8,424.44, a P/E ratio of 42.22, a price-to-earnings-growth ratio of 1.57 and a beta of 1.41.

Polaris Industries (NYSE:PII) last posted its earnings results on Tuesday, October 24th. The company reported $1.46 earnings per share for the quarter, topping analysts’ consensus estimates of $1.22 by $0.24. Polaris Industries had a return on equity of 33.81% and a net margin of 3.90%. The firm had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter in the prior year, the business earned $0.50 EPS. The business’s revenue for the quarter was up 24.8% on a year-over-year basis. sell-side analysts expect that Polaris Industries will post 4.85 earnings per share for the current fiscal year.

In other Polaris Industries news, SVP Stacy L. Bogart sold 20,000 shares of the stock in a transaction on Thursday, October 26th. The stock was sold at an average price of $122.05, for a total transaction of $2,441,000.00. Following the sale, the senior vice president now directly owns 30,975 shares in the company, valued at approximately $3,780,498.75. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Stephen L. Eastman sold 8,500 shares of the stock in a transaction on Monday, October 30th. The shares were sold at an average price of $119.25, for a total value of $1,013,625.00. Following the sale, the insider now owns 18,846 shares in the company, valued at $2,247,385.50. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 58,102 shares of company stock worth $7,174,301. Company insiders own 2.20% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of PII. Franklin Resources Inc. purchased a new stake in Polaris Industries during the 2nd quarter valued at $390,000. Riverhead Capital Management LLC boosted its stake in Polaris Industries by 74.4% during the 2nd quarter. Riverhead Capital Management LLC now owns 4,361 shares of the company’s stock valued at $402,000 after purchasing an additional 1,861 shares during the last quarter. Teachers Advisors LLC boosted its stake in Polaris Industries by 4.9% during the 2nd quarter. Teachers Advisors LLC now owns 60,770 shares of the company’s stock valued at $5,605,000 after purchasing an additional 2,840 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in Polaris Industries by 17.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 247,381 shares of the company’s stock valued at $22,797,000 after purchasing an additional 37,251 shares during the last quarter. Finally, Nationwide Fund Advisors boosted its stake in Polaris Industries by 0.8% during the 2nd quarter. Nationwide Fund Advisors now owns 99,005 shares of the company’s stock valued at $9,131,000 after purchasing an additional 834 shares during the last quarter. Institutional investors and hedge funds own 90.90% of the company’s stock.

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About Polaris Industries

Polaris Industries Inc designs, engineers and manufactures powersports vehicles, which include Off-Road Vehicles (ORV), including All-Terrain Vehicles (ATV) and side-by-side vehicles for recreational and utility use; Snowmobiles, Motorcycles and Global Adjacent Markets vehicles, including Work and Transportation and military vehicles.

Analyst Recommendations for Polaris Industries (NYSE:PII)

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