Polaris Inc. (PII, Financial) experienced a significant stock price increase of 5.04%, reaching $59.80 per share. The trading volume was over 1 million shares, with a turnover rate of 1.82% and a price fluctuation of 5.45%. Recent financial reports reveal a revenue of $1.722 billion, a net profit of $27.7 million, and earnings per share of $0.49. The company reported a gross profit of $340 million and a price-to-earnings ratio of 16.74.
In terms of analyst ratings, 32% of participating institutions recommend buying, 63% suggest holding, and 5% advise selling. The automotive industry, where Polaris operates, saw an overall increase of 1.27%. Notable performers in the sector include Twin Vee Powercats Co. and Massimo Group, with Polaris showing active trading and a turnover rate of 1.82%.
Polaris designs and manufactures off-road vehicles, snowmobiles, motorcycles, and marine products, distributing through a vast network of dealers and subsidiaries worldwide.
