Polaris (PII) Stock

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.

Eastman plans to retire at the end of 2024, Andy Williams named president of PG&A and Aftermarket MINNEAPOLIS , Nov. 22, 2024 /PRNewswire/ -- Polaris Inc. (NYSE: PII) today announced the planned retirement of Steve Eastman, president of Parts, Garments, and Accessories (PG&A) and Aftermarket, effective December 31, 2024. "Steve has been an exceptional leader, mentor and advisor to many at Polaris.

Combined with the Spring 2024 TRAILS GRANTS, Polaris has donated more than $220,000 in 2024 and more than $3.5 million since the program's inception MINNEAPOLIS , Nov. 21, 2024 /PRNewswire/ -- Today, Polaris Inc. (NYSE: PII), announced it is donating nearly $85,000 to off-road vehicles (ORV), all-terrain vehicles (ATV) and snowmobile riding clubs, and organizations across the United States and Canada as a part of its TRAILS GRANTS program. The TRAILS GRANTS program offers support to organizations and programs that promote safe and responsible riding, facilitate trail preservation, and help protect the environment and natural resources that are a part of the off-road trail systems.

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") 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 / 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.