PolarisPII
Market Cap: $4.42B
About: 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 another segment 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.
Employees: 18,500
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
4% less repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 158
9% less call options, than puts
Call options by funds: $60.4M | Put options by funds: $66.5M
3% less funds holding
Funds holding: 450 [Q1] → 438 (-12) [Q2]
3.11% less ownership
Funds ownership: 86.26% [Q1] → 83.16% (-3.11%) [Q2]
17% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 69
24% less capital invested
Capital invested by funds: $4.86B [Q1] → $3.68B (-$1.18B) [Q2]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q1] → 2 (-1) [Q2]
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
DA Davidson Brandon Rolle 38% 1-year accuracy 3 / 8 met price target | 10%upside $87 | Buy Upgraded | 25 Jul 2024 |
Citigroup James Hardiman 59% 1-year accuracy 10 / 17 met price target | 5%upside $83 | Neutral Maintained | 24 Jul 2024 |
RBC Capital Sabahat Khan 100% 1-year accuracy 13 / 13 met price target | 3%upside $82 | Sector Perform Maintained | 24 Jul 2024 |
Baird Craig Kennison 69% 1-year accuracy 18 / 26 met price target | 7%upside $85 | Outperform Maintained | 24 Jul 2024 |
Roth MKM Scott Stember 74% 1-year accuracy 14 / 19 met price target | 0%downside $79 | Neutral Maintained | 24 Jul 2024 |
Financial journalist opinion
Based on 6 articles about PII published over the past 30 days