Polaris: Built For The Long Haul, Shares Attractive As Full-Year Guidance Is Raised

Justin Purohit 2.75K Followers Follow Summary Polaris’ recently released Q2 results showed real operational strength, in my view, with share gains, expanding margins, and overall earnings above expectations. The company continues to gain ORV share, led by strong utility and commercial demand despite a cautious consumer. Looking ahead, full-year guidance was raised, and I view the forward outlook as positive, overall. I believe the 11% decline in the share price over the past month presents an opportunity for upside alongside the over 4% yielding dividend. Richard McCracken/iStock via Getty Images Shares in powersports retailer Polaris Inc. ( PII ) are down about 11% in the past month, and I view the pullback as a continued opportunity for new and existing investors seeking portfolio diversification from the more This article was written by Justin Purohit 2.75K Followers Follow Providing timely and quick to the punch analysis of earnings and macro-related events across various sectors, with a focus on retail and real estate. I am a licensed CPA. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.