PII
Polaris Industries Inc.
Consumer
09/11/2014
Presented
Date | 08/31/2014 |
Price | $144.80 |
Market Cap | $9.55B |
Ent Value | $9.80B |
P/E Ratio | 23.05x |
Book Value | $12.99 |
Div Yield | 1.4% |
Shares O/S | 65.96M |
Ave Daily Vol | 490,000 |
Short Int | 6.40% |
Current
Price | $81.40 |
Market Cap | $4.54B |
Polaris Industries Inc., together with its subsidiaries, designs, engineers, manufactures, and markets off-road vehicles, snowmobiles, motorcycles, and small vehicles in the United States, Canada, and Western Europe. It offers off-road vehicles, such as all-terrain vehicles and side-by-side vehicles for recreational and utility use; and snowmobiles consisting of various models, including independent front suspension, long travel rear suspension, hydraulic disc brakes, liquid cooling for brakes, and a three cylinder engine, as well as a four-stroke engine. The company also provides V-twin cruiser motorcycles and small vehicles; technical riding gear for the snowmobile and motorcycle industries; and on-road quadricycles. In addition, it offers replacement parts and accessories consisting of winches, bumper/brushguards, plows, racks, mowers, tires, pull-behinds, cabs, cargo box accessories, tracks, and oil for off-road vehicles; covers, traction products, reverse kits, electric starters, tracks, bags, windshields, oil, and lubricants for snowmobiles; and saddle bags, handlebars, backrests, exhausts, windshields, seats, oil, and various chrome accessories for motorcycles. The company sells its products through independent dealers and distributors primarily under the RANGER, RZR, RANGER Crew, Victory Vision, Victory Cross Roads, Cross Country, Indian, and Polaris RUSH brand names. Further, it markets recreational apparel consisting of helmets, jackets, bibs and pants, leathers, and hats through dealers and distributors, as well as through sites polaris.com and klim.com. The company was founded in 1987 and is headquartered in Medina, Minnesota. |
Publicly traded companies mentioned herein: Polaris Industries Inc (PII), Harley Davidson Inc (HOG), BRP Inc (DOO CN), Arctic Cat Inc (ACAT), Honda Motor Co Ltd (HMC), Yamaha Motor Co Ltd (7272 JP)
Highlights
With shares of Polaris (PII) trading at ~$146 (22x 2014 Street EPS estimates), the presenter sees a favorable risk/ reward on the short side. He stressed the point that PII is an excellent company with a stellar track record; however, the current stock price does not reflect the potential for growth to slow as competition intensifies over the next 6-12 months.
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