Polaris Industries Inc. Common (NYSE:PII):
SHAREHOLDER UPDATE: Expanded Class Period in Shareholder Class Action Lawsuits Filed Against Polaris Industries, Inc. – PII.
The company is up since yesterday’s close of $75.04.
Additionally Polaris Industries Inc. Common recently declared a dividend which was paid on Thursday the 15th of September 2016. The dividend was $0.550 per share for the quarter which comes to $2.20 on an annualized basis. This dividend amount was represent a yeild of $2.80. The ex-dividend date was Tuesday the 30th of August 2016.
Shares last traded at $75.27 which is a tad under $75.62, the 50 day moving average and just below the 200 day moving average of $85.81. The 50 day moving average went down by -0.47% and the 200 day average was down $-10.54.
The company’s P/E ratio is 18.95 and market capitalization is 4.83B. In 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 presently outstanding. Analysts expect next quarter’s EPS will be $0.85 and the next full year EPS is anticipated to be $5.09.
A few brokerage firms have issued ratings on the company of late. On September 30 analysts at Jefferies starting coverage on the stock giving it an initial rating of “Hold”. On September 13 UBS made no change to the company rating of “Outperform” and lowered the price target to $84.00 from $105.00.
On September 12, 2016 the stock rating was rated “Sector Weight” according to a KeyBanc report which is down from the previous “” rating. Equity analyst Bernstein starting coverage on PII with an initial rating of “Market Perform” and projecting a price target of $87.00.
On August 31 the company was downgraded from “” to “Buy” and a price target of $107.00 was set in a report from Northcoast Research. August 29 investment analysts at Citigroup made no change to the stock rating of “Buy” but lowered the price expectation from $116.00 to $107.00.