Polaris Industries Inc. (PII): Today's Featured Automotive Loser

Polaris Industries ( PII) pushed the Automotive industry lower today making it today's featured Automotive loser. The industry as a whole closed the day down 0.5%. By the end of trading, Polaris Industries fell $1.31 (-1.8%) to $72.25 on average volume. Throughout the day, 832,728 shares of Polaris Industries exchanged hands as compared to its average daily volume of 884,300 shares. The stock ranged in price between $71.50-$73.77 after having opened the day at $73.55 as compared to the previous trading day's close of $73.56. Other company's within the Automotive industry that declined today were: Commercial Vehicle Group ( CVGI), down 9.4%, Drew Industries ( DW), down 6.3%, Meritor ( MTOR), down 5.6%, and China Zenix Auto International Ltd ADR ( ZX), down 5.3%.

Polaris Industries Inc., together with its subsidiaries, engages in designing, engineering, manufacturing, and marketing off-road vehicles, snowmobiles, and on-road vehicles primarily in the United States, Canada, and Europe. Polaris Industries has a market cap of $5.02 billion and is part of the consumer goods sector. The company has a P/E ratio of 21.8, above the average automotive industry P/E ratio of 21.6 and above the S&P 500 P/E ratio of 17.7. Shares are up 30.6% year to date as of the close of trading on Tuesday. Currently there are nine analysts that rate Polaris Industries a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Polaris Industries as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, ATC Venture Group ( ATC), up 11.1%, Quantum Fuel Systems Technologies Worldwide ( QTWW), up 9.2%, Navistar International ( NAV), up 4.8%, and Monro Muffler/Brake ( MNRO), up 3%, were all gainers within the automotive industry with Westport Innovations ( WPRT) being today's featured automotive industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the automotive industry could consider Consumer Discretionary Sel Sec SPDR ( XLY) while those bearish on the automotive industry could consider ProShares Ultra Sht Consumer Goods ( SZK).
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