PII Stock Recent News

Polaris is a cyclical consumer goods company that can look back on very strong growth. Its profitability took a hit in 2016, but has improved since then. While the company's sales are highly cyclical, its relatively low degree of operating leverage insulates earnings relatively well.

PII bottomed at about -30% in late April and has refused to go any lower, even as the market kept falling. If PII grows as analysts expect through 2024 and returns to historical fair value, it could deliver 92% total returns or 31% annually.

Polaris Inc (PII) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

The power-sport equipment maker reported a solid second quarter after disappointing investors back in April.

Polaris Inc (PII) delivered earnings and revenue surprises of 15.79% and 1.89%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Polaris has seen a strong 2021 but soft start to 2022 amidst inflation and equipment shortages. Despite the soft quarter and concerns about softer demand, the company maintained the full year guidance, which clearly entails some risks.

The aftermarket auto and truck parts business never really panned out for the power sports vehicle maker.

MINNEAPOLIS--(BUSINESS WIRE)--Polaris Inc. (NYSE: PII) announced today that it will release its second quarter 2022 financial results on Tuesday, July 26, 2022, and will hold a conference call and webcast at 9:00 a.m. central time on the same day to discuss the results. The call will be hosted by Mike Speetzen, Chief Executive Officer and Bob Mack, Chief Financial Officer. A slide presentation and webcast link will be posted on the Polaris Investor Relations website at ir.polaris.com. To listen

Polaris is one of the best performers in the past few decades, returning 18% per year since 1987. This has changed. Over the past 10 years, the stock has underperformed with a dividend yield somewhere between low yield and high yield.

Japanese buyout firms Japan Industrial Partners (JIP) and Polaris Capital Group are each considering participating in bids for Toshiba Corp, two people familiar with the matter said on Friday.