With 2.08 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.52 million shares. The 52-week range on PII shows that it touched its highest point at $100.91 and its lowest point at $40.90 during that stretch. It currently has a 1-year price target of $52.67. With its current market cap of 2.31 billion, PII has annualized dividend of $3.31 while the current yield stands at 8.03%. Beta for the stock currently stands at 1.33.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PII was down-trending over the past week, with a drop of -11.20%, but this was down by -5.65% over a month. Three-month performance dropped to -40.25% while six-month performance fell -51.29%. The stock lost -55.88% in the past year, while it has lost -28.44% so far this year. A look at the trailing 12-month EPS for PII yields 1.95 with Next year EPS estimates of 2.91. For the next quarter, that number is -0.86. This implies an EPS growth rate of -62.79% for this year and 140.82% for next year. EPS is expected to grow by 7.52% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -17.81%.
Float and Shares Shorts:
At present, 56.10 million PII shares are outstanding with a float of 52.33 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PII since 11 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.25061 being high and $3.15059 being low. For PII, this leads to a yearly average estimate of $3.2206. Based on analyst estimates, the high estimate for the next quarter is $0.87 and the low estimate is $0.15. The average estimate for the next quarter is thus $0.55.
Summary of Insider Activity:
Insiders traded PII stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
