Polaris Industries (NYSE:PII) issued an update on its FY 2019 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $6.05-6.30 for the period, compared to the Thomson Reuters consensus estimate of $6.07. The company issued revenue guidance of $6.752-6.874 billion, compared to the consensus revenue estimate of $6.78 billion.Polaris Industries also updated its FY19 guidance to $6.05-6.30 EPS.
PII opened at $98.97 on Tuesday. The company has a current ratio of 1.24, a quick ratio of 0.43 and a debt-to-equity ratio of 2.19. The firm has a market cap of $6.02 billion, a P/E ratio of 15.09, a P/E/G ratio of 1.07 and a beta of 1.11. Polaris Industries has a 52 week low of $70.27 and a 52 week high of $131.25.
Polaris Industries (NYSE:PII) last posted its quarterly earnings data on Tuesday, April 23rd. The company reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.17. The business had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.50 billion. Polaris Industries had a return on equity of 45.91% and a net margin of 5.52%. The business’s revenue for the quarter was up 15.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.08 earnings per share. Equities analysts predict that Polaris Industries will post 6.17 earnings per share for the current fiscal year.
In other news, Director Kevin M. Farr acquired 1,125 shares of the business’s stock in a transaction dated Tuesday, February 26th. The shares were bought at an average cost of $88.59 per share, for a total transaction of $99,663.75. Following the acquisition, the director now directly owns 15,604 shares in the company, valued at approximately $1,382,358.36. The purchase was disclosed in a filing with the SEC, which is available through this link. Company insiders own 2.90% of the company’s stock.
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About Polaris Industries
Polaris Industries Inc designs, engineers, manufactures, and markets power sports vehicles worldwide. It operates in five segments: ORV/Snowmobiles, Motorcycles, Global Adjacent Markets, Aftermarket, and Boats. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; snowmobiles and snow bike conversion kit systems; motorcycles; low emission, light duty hauling, passenger, and industrial vehicles; and boats.
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