Polaris Stock Hits New 52-Week High (PII)

NEW YORK ( TheStreet) -- Polaris Industries (NYSE: PII) hit a new 52-week high Tuesday as it is currently trading at $98.15, above its previous 52-week high of $97.96 with 40,173 shares traded as of 9:40 a.m. ET. Average volume has been 822,500 shares over the past 30 days.

Polaris has a market cap of $6.65 billion and is part of the consumer goods sector and automotive industry. Shares are up 15.2% 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.

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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 solid stock price performance. 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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