Today, the President – PG&A of Polaris (PII), Stephen Eastman, sold shares of PII for $786.5K.
This is Eastman’s first transaction since reporting a Buy transaction on FAST back in April 2018
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Based on Polaris’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.5 billion and quarterly net profit of $48.38 million. In comparison, last year the company earned revenue of $1.3 billion and had a net profit of $55.71 million. PII’s market cap is $6.23B and the company has a P/E ratio of 19.69. Currently, Polaris has an average volume of 494.8K.
Based on 11 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $109.70, reflecting a 8.3% upside.
The insider sentiment on Polaris has been positive according to 81 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Polaris Industries Inc. engages in designing, engineering, and manufacturing powersports vehicles. The company was founded by Allen Hetteen, Edgar E. Hetteen, and David Johnson in 1954 and is headquartered in Medina, MN.
