Polaris Inc (PII) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Powersports retailer, Polaris, is down about 35% over the past year due in part to the challenged retail environment for big-ticket discretionary product offerings. With shares near 52-week lows, I believe the stock presents an attractive opportunity to long-term investors. The lower rate environment should support consumer purchasing, while the snowier winter outlook could position the company's snow inventory favorably.
Polaris Inc. has caught my attention, down ~40% YTD, and I thought it worthwhile to look at the company. On April 23, 2021, PII's shares hit a closing price of $146.45 – As of 12/26, shares closed at $57.33, representing a decline of ~61% over the last ~3.5 years. While the recent rally in the summer of '23 reached a high of $135.84, the share price has been in steady retreat over the last ~18 months.
Investors interested in Automotive - Domestic stocks are likely familiar with General Motors (GM) and Polaris Inc (PII). But which of these two companies is the best option for those looking for undervalued stocks?
TORONTO, ON / ACCESSWIRE / December 4, 2024 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris" or the "Company") announces that it has successfully settled a previously announced private placement of USD 175 million senior secured green bonds. The bonds will have a tenor of five years and a fixed coupon rate of 9.5% percent per annum, with interest payable in semi-annual instalments.
Investors interested in Automotive - Domestic stocks are likely familiar with General Motors (GM) and Polaris Inc (PII). But which of these two companies is the best option for those looking for undervalued stocks?
TORONTO, ON / ACCESSWIRE / November 15, 2024 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris" or the "Company") announces that it has successfully completed a private placement of USD 175 million senior secured green bonds. The bonds will have a tenor of five years and a fixed coupon rate of 9.5% percent per annum, with interest payable in semi-annual instalments.
Investors interested in Automotive - Domestic stocks are likely familiar with General Motors (GM) and Polaris Inc (PII). But which of these two stocks presents investors with the better value opportunity right now?
Polaris faces a challenging 2024 but remains fundamentally strong, with a history of sales growth and resilient profitability, offering long-term investment potential. Polaris's diversified product line and strong brand reputation position it well to capture market share in the growing power sports and adventure tourism markets. Technological advancements and expansion into industrial applications provide Polaris with opportunities for future growth, leveraging existing expertise with minimal additional investment.
TORONTO, ON / ACCESSWIRE / November 8, 2024 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris" or the "Company") is pleased to announce that international credit rating agency S&P Global Ratings has assigned corporate credit and bond instrument ratings of BB- with Stable Outlook to Polaris. About Polaris Renewable Energy Inc. Polaris Renewable Energy Inc. is a Canadian publicly traded company engaged in the development, construction, acquisition, and operation of renewable energy projects in five countries in Latin America and the Caribbean.
TORONTO, ON / ACCESSWIRE / November 8, 2024 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris" or the "Company") announces today that it has engaged Pareto Securities as lead manager to arrange a series of fixed income meetings with potential eligible investors. Subject to market conditions and acceptable terms, the Company may issue a rated five-year tenor green bond on a private placement basis.
TORONTO, ON / ACCESSWIRE / October 31, 2024 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris Renewable Energy" or the "Company"), is pleased to announce that its board of directors has declared a quarterly dividend of US$0.15 per common share outstanding. This dividend will be paid on November 22nd, 2024 to shareholders of record at the close of business on November 11th, 2024.