Is Polaris Industries Inc. a Buy?
Polaris Industries (NYSE: PII) is starting to make a recovery from the recalls that plagued it for most of 2016. Sales have begun to rebound slightly, and net income was up in the first half of the year on an adjusted basis.
But these financial improvements come at a time when the markets Polaris competes in are deteriorating. Motorcycle sales are expected to be down at Polaris this year, mirroring a forecast decline at Harley-Davidson (NYSE: HOG). And the snowmobile market is collapsing because of the lack of snow in many key areas. These broader trends could overshadow anything the company itself can do over the next few years to improve its business.
Image source: Getty Images.
Source: Fool.com
Harley-Davidson Inc. Stock
€33.34
1.990%
With 7 Buy predictions and not the single Sell prediction the community is currently very high on Harley-Davidson Inc..
With a target price of 44 € there is a positive potential of 31.97% for Harley-Davidson Inc. compared to the current price of 33.34 €.
