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, and tracks; snowmobile accessories, which include covers, traction products, reverse kits, electric starters, tracks, bags, windshields, replacement parts, 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, and pants; and pontoon and deck boats. It 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 | Polaris faces significant challenges in the recreational vehicle market, with declining retail sales and a cautious outlook for 2025 impacting its financial performance. |
Tariff Tightrope | Explore how potential tariffs on Mexican and Chinese imports could severely impact Polaris's profitability, adding uncertainty to its long-term prospects. |
Analyst Perspectives | Price targets range from $33 to $73, reflecting varied views on Polaris's ability to navigate current market challenges and maintain its competitive position. |
Recovery Roadmap | Delve into Polaris's strategies for potential recovery, including inventory management and leveraging long-term recreational vehicle demand trends. |
Metrics to compare | PII | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipPIIPeersSector | |
---|---|---|---|---|
P/E Ratio | 69.4x | 8.3x | 11.2x | |
PEG Ratio | −0.83 | 0.01 | 0.02 | |
Price/Book | 2.3x | 1.2x | 1.4x | |
Price / LTM Sales | 0.4x | 0.7x | 0.9x | |
Upside (Analyst Target) | −28.0% | 10.2% | 18.3% | |
Fair Value Upside | Unlock | 28.6% | 8.7% | Unlock |