Should You Buy Polaris Inc (PII) Stock After it Is Lower By 3.09% in a Week?

Polaris Inc (PII) stock has fallen 3.09% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Polaris Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on PII!

See Full PII Report

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With PII Stock Today?

Polaris Inc (PII) stock is up 1.41% while the S&P 500 has fallen -0.16% as of 2:56 PM on Wednesday, Jan 19. PII is higher by $1.58 from the previous closing price of $111.86 on volume of 393,663 shares. Over the past year the S&P 500 has risen 20.29% while PII is higher by 0.20%. PII earned $9.54 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 11.91. To see InvestorsObserver's Sentiment Score for Polaris Inc click here.

More About Polaris Inc

Polaris designs and manufactures off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility purposes, snowmobiles, small vehicles, and on-road vehicles, including motorcycles, along with the related replacement parts, garments, and accessories. The firm entered the aftermarket parts segment in 2016, tying up with Transamerican Auto Parts and then tapped into boats through the acquisition on Boat Holdings in 2018, offering exposure to new segments of the outdoor lifestyle market. Polaris products retailed through 2,300 dealers in North America and through 1,400 international dealers as well as more than 30 subsidiaries and 90 distributors in more than 120 countries outside North America at the end of 2020. Click Here to get the full Stock Report for Polaris Inc stock.