On Oct 23, major Wall Street analysts update their ratings for $Polaris (PII.US)$, with price targets ranging from $76 to $84.
Morgan Stanley analyst Megan Alexander maintains with a buy rating, and adjusts the target price from $84 to $81.
Citi analyst James Hardiman maintains with a hold rating, and maintains the target price at $83.
Baird analyst Craig Kennison maintains with a buy rating, and adjusts the target price from $85 to $84.
KeyBanc analyst Noah Zatzkin maintains with a buy rating.
Truist Financial analyst Michael Swartz maintains with a hold rating, and adjusts the target price from $82 to $76.
Furthermore, according to the comprehensive report, the opinions of $Polaris (PII.US)$'s main analysts recently are as follows:
Following the release of Q3 earnings that missed projections, due to waning consumer confidence and retail sales, expectations for the company's Q4 revenue have been revised, anticipating a 27% decline compared to the previous year. This outlook is shaped by the projection that the company will likely ship less than retail demand, in an effort to reduce dealer inventory levels. Furthermore, forecasts for the year 2025 earnings per share have been adjusted, taking into account the anticipated continued downturn in retail through the first half, dealer inventory management, and the extended time required for the company to modify its production plans.
Polaris reported third-quarter results that fell short of expectations, coupled with a reduction in its 2024 guidance. Despite the buyside likely anticipating a less-than-favorable report, early indicators for 2025 appear more cautious than the consensus estimates, which has led to a significant decline in the company's share price. It is believed that the recent trends may not see a substantial improvement in the near future.
Polaris has reported results that fell short on both top and bottom lines, aligning closely with what investors anticipated. Despite this, the subsequent decline in stock value can be ascribed to the anticipation of a retail landscape that shows no signs of improvement until FY25. This outlook suggests a steady earnings profile for FY25 as a baseline scenario.
The analyst noted that Polaris reported an EPS shortfall and revised their revenue/EPS guidance downward, emphasizing the company's commitment to decreasing dealer inventory by 15-20% by the end of 2024.
Here are the latest investment ratings and price targets for $Polaris (PII.US)$ from 5 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
美东时间10月23日，多家华尔街大行更新了$北极星 (PII.US)$的评级，目标价介于76美元至84美元。
摩根士丹利分析师Megan Alexander维持买入评级，并将目标价从84美元下调至81美元。
花旗分析师James Hardiman维持持有评级，维持目标价83美元。
贝雅分析师Craig Kennison维持买入评级，并将目标价从85美元下调至84美元。
KeyBanc分析师Noah Zatzkin维持买入评级。
储亿银行分析师Michael Swartz维持持有评级，并将目标价从82美元下调至76美元。
此外，综合报道，$北极星 (PII.US)$近期主要分析师观点如下：
发布了尚未达到预期的第三季度收益后，由于消费者信心和零售销售持续减弱，预计公司第四季度的营业收入已经进行了修订，预计与去年相比将下降27%。这一展望是基于公司可能会少发货以减少零售库存水平的预测而塑造的。此外，对于2025年每股收益的预测也已做出调整，考虑到预期的零售下滑，经销商库存管理，以及公司修改生产计划所需的延长时间。
Polaris公司报告了第三季度的业绩低于预期，再加上其2024年指引的下调。尽管买方可能预期报告不太理想，但2025年早期的指标比共识估计更为谨慎，导致该公司股价大幅下跌。人们认为最近的趋势可能短期内不会有实质性改善。
Polaris公司报告的业绩在营收和利润方面均未达到预期，与投资者的预期非常接近。尽管如此，股价随后的下跌可以归因于对处于2025财年之前没有显示改善迹象的零售市场的预期。这一展望表明，在2025财年作为基准情形下，将会有稳定的利润水平。
分析师指出，Polaris公司报告了每股收益的不足，并下调了他们的营业收入/每股收益指引，强调了公司致力于到2024年底将经销商库存减少15-20%。
以下为今日5位分析师对$北极星 (PII.US)$的最新投资评级及目标价：
提示:
TipRanks为独立第三方，提供金融分析师的分析数据，并计算分析师推荐的平均回报率和胜率。提供的信息并非投资建议，仅供参考。本文不对评级数据和报告的完整性与准确性做出认可、声明或保证。
TipRanks提供每位分析师的星级，分析师星级代表分析师所有推荐的过往表现，通过分析师的总胜率和平均回报率综合计算得出，星星越多，则该分析师过往表现越优异，最高为5颗星。
分析师总胜率为近一年分析师的评级成功次数占总评级次数的比率。评级的成功与否，取决于TipRanks的虚拟投资组合是否从该股票中产生正回报。
总平均回报率为基于分析师的初始评级创建虚拟投资组合，并根据评级变化对组合进行调整，在近一年中该投资组合所获得的回报率。
