Polaris Inc. designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally. It operates through three segments: Off-Road, On-Road, and Marine. The company offers off-road vehicles (ORVs), including all-terrain vehicles and side-by-side vehicles; military and commercial ORVs; snowmobiles; motorcycles; and moto-roadsters, quadricycles, and boats. It also provides ORV accessories comprising winches, bumper/brushguards, plows, racks, wheels and tires, pull-behinds, cab systems, lighting and audio systems, cargo box accessories, tracks, and oil; snowmobile accessories, which include covers, traction products, reverse kits, electric starters, tracks, bags, windshields, oil, and lubricants; and motorcycle accessories, such as saddle bags, handlebars, backrests, exhausts, windshields, seats, oil, and various chrome accessories. In addition, the company offers light duty hauling and passenger vehicles; gear and apparel, such as helmets, goggles, jackets, gloves, boots, bibs, hats, pants, and leathers; and pontoon and deck boats. The company provides its products through dealers and distributors, and online; and retail and e-commerce marketplaces. The company was formerly known as Polaris Industries Inc. Polaris Inc. was founded in 1945 and is headquartered in Medina, Minnesota.
Market Headwinds | Explore Polaris's struggle with inventory challenges and segment-specific hurdles, impacting financial performance and market positioning |
Segment Performance | Delve into the contrasting fortunes of Polaris's product lines, from the thriving Indian motorcycle brand to the weather-impacted snowmobile division |
Strategic Adjustments | Learn how Polaris is navigating market challenges through revised guidance, promotional activities, and long-term target adjustments |
Future Prospects | Analyst price target of $82 reflects cautious optimism, balancing inventory concerns with potential market recovery and segment growth opportunities |
Metrics to compare | PII | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipPIIPeersSector | |
---|---|---|---|---|
P/E Ratio | 17.4x | 5.7x | 10.7x | |
PEG Ratio | −0.28 | −0.11 | 0.02 | |
Price/Book | 2.6x | 1.1x | 1.4x | |
Price / LTM Sales | 0.5x | 0.6x | 0.9x | |
Upside (Analyst Target) | 19.0% | 32.1% | 20.8% | |
Fair Value Upside | Unlock | 24.3% | 6.7% | Unlock |