Polaris Industries Inc. Common (NYSE:PII):
Harwood Feffer LLP Announces Investigation of Polaris Industries, Inc..
The company is trading up from yesterday’s close of $75.04.
Polaris Industries Inc. Common also announced a dividend which was paid on Thursday September 15th, 2016. The dividend was $0.550 per share for the quarter which is $2.20 annualized. The dividend yield was $2.80. The ex-dividend date was Tuesday the 30th of August 2016.
It is trading at $75.27 marginally under the 50 day moving average of $75.62 and which is slightly below the 200 day moving average of $85.81. The 50 day moving average went down $-0.35 or -0.47% and the 200 day average moved down $-10.54.
The most current P/E ratio is 18.95 and market cap is 4.83B. As of the last earnings report the EPS was $6.75 and is expected to be $3.59 for the current year with 64,151,000 shares currently outstanding. Next quarter’s EPS is forecasted at $0.85 with next year’s EPS anticipated to be $5.09.
Several brokerages have provided guidance on Polaris Industries Inc. Common of late. Jefferies began coverage of PII with an initial rating of “Hold”. September 13 investment analysts at UBS made no change to the stock rating of “Outperform” but moved down the price target from $105.00 to $84.00.
On September 12 the stock rating was downgraded to “Sector Weight” from “” in a report from KeyBanc. On September 9, 2016 Bernstein started covering PII by announcing an initial rating of “Market Perform” and projecting a price target of $87.00.
On August 31 the company was downgraded from “” to “Buy” with a current price target of $107.00 in an announcement from Northcoast Research. On August 29 Citigroup maintained a stock rating of “Buy” but lowered the price target to $107.00 from $116.00.