Polaris Reaches New 52-Week High (PII)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Polaris Industries (NYSE: PII) hit a new 52-week high Tuesday as it is currently trading at $93.93, above its previous 52-week high of $93.89 with 512,019 shares traded as of 1:20 p.m. ET. Average volume has been 810,000 shares over the past 30 days.

Polaris has a market cap of $6.29 billion and is part of the consumer goods sector and automotive industry. Shares are up 9.4% year to date as of the close of trading on Monday.

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 internationally. The company has a P/E ratio of 19.8, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Polaris as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, notable return on equity, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Polaris Ratings Report.

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