Polaris Inc’s recently made public that its Officer Clark Dougherty Lucy acquired Company’s shares for reported $0.57 million on Dec 18 ’24. In the deal valued at $61.17 per share,9,314 shares were bought.
Robert W. Baird downgraded its Polaris Inc [PII] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in mid March from “a Neutral” to “a Sell”. Morgan Stanley also remained covering PII and has decreased its forecast on January 21, 2025 with a “an Equal-weight” recommendation from previously “an Overweight” rating. KeyBanc Capital Markets revised its rating on January 08, 2025. It rated PII as “a Sector weight” which previously was an “an Overweight”.
Price Performance Review of PII
On Monday, Polaris Inc [NYSE:PII] saw its stock jump 6.93% to $38.89. Over the last five days, the stock has gained 14.65%. Polaris Inc shares have fallen nearly -32.51% since the year began. Nevertheless, the stocks have fallen -53.99% over the past one year. While a 52-week high of $90.62 was reached on 01/06/25, a 52-week low of $30.92 was recorded on 04/09/25. SMA at 50 days reached $38.39, while 200 days put it at $60.94.
Levels Of Support And Resistance For PII Stock
The 24-hour chart illustrates a support level at 37.92, which if violated will result in even more drops to 36.96. On the upside, there is a resistance level at 40.75. A further resistance level may holdings at 42.62. The Relative Strength Index (RSI) on the 14-day chart is 60.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.16, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 27.35%. Stochastics %K at 70.45% indicates the stock is a holding.
The most recent change occurred on December 30, 2024 when Robert W. Baird resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $72.
